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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

55-28 98th Street, Corona, NY 11368

Renovated multifamily property with a finished basement, updated building systems, and parking for two vehicles.

Property SizeContact for details
Days on Market144

Property Features for 55-28 98th Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Units

Unit Mix 2 x 2BR, 3 x 1BR, 1 x studio
Multifamily Units 6

Additional Details

Public Transit Yes
Sprinkler System Yes

Building Details

Buildings 1
Listing Agency: Swain Realty Group
Listed By: Swain Weiner · License #10491203023
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swain Realty Group

Investment Insights

Based on property information with market context.

This six-unit apartment building offers a mix of two two-bedroom apartments, three one-bedroom apartments, and one studio. The property includes parking for two vehicles and a finished basement. Recent improvements include new sprinklers, security cameras, new flooring, and freshly painted hallways. The rubber roof is 6 years old. Tenants pay their own heat and water.

The property is situated on 98th Street between 55th and 57th Avenues in Corona. Queens Center Mall is nearby, along with the M/R trains at Woodhaven Boulevard Station and multiple bus lines. The address is 55-28 98th Street, Corona, NY 11368.

Key Highlights

  • Six apartments: two two‑bedroom units, three one‑bedroom units, and one studio
  • Parking for two vehicles
  • Finished basement with new flooring and freshly painted hallways

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with a finished basement, updated building systems, and parking for two vehicles.
Where is this apartment building located?
The property is located at 55-28 98th Street Corona, NY.
What are key features of this property?
This property features: Six apartments: two two‑bedroom units, three one‑bedroom units, and one studio; Parking for two vehicles; Finished basement with new flooring and freshly painted hallways
More about this property
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