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5-Unit Apartment Building
For Sale
$1,500,000

57-15 Penrod Street, Corona, NY 11368

Commercial Sale, Corona, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market11

Property Features for 57-15 Penrod Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Rooms Basement
Parking features Garage, Driveway
Basement Full
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 01952-0061
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 19097

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Multi Units
Water source Public

Building Details

Year built 1915
Number of units 5
Building materials Brick
Listing Agency: Douglas Elliman Real Estate
Listed By: Tayler E. Mollitor · License #10401272732
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 31 at 3:06PM
MLS# 1065544

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This brick apartment property in Queens contains five residences: one studio and four two-bedroom units. The ground-floor two-bedroom apartment has its own entrance, and an attic is also part of the property. Each apartment is served by a separate boiler and hot-water heater. Heating is baseboard, and cooling is provided by multiple units.

Built in 1915, the property occupies 0.0735 acres. Parking improvements include a 1.5-car garage and a driveway. Public water and public sewer serve the site. The property is offered in as-is condition.

Key Highlights

  • Five apartments: one studio and four two‑bedroom units
  • Ground‑floor two‑bedroom apartment has a separate entrance
  • Separate boiler and hot‑water heater for each apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,486
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments have individual boilers and hot-water heaters, alongside a mix of studio and two-bedroom layouts.
Where is this apartment building located?
The property is located at 57-15 Penrod Street Corona, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Five apartments: one studio and four two‑bedroom units; Ground‑floor two‑bedroom apartment has a separate entrance; Separate boiler and hot‑water heater for each apartment
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