Brick Triplex with
5915 Xenia Street, Corona, NY 11368
For Sale
$1,600,000
Pending
Residential Income, Corona, NY
Property Size3,160 SF
Lot Size0.05 Acres
Days on Market55
Property Features for 5915 Xenia Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Basement
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
full basement
garage
private driveway
balcony
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Keller Williams Landmark II · Keller Williams Realty
(347) 846-1200
Listed By:
Joseph S. Piparo
(973) 752-7733
Added: Sep 15
Changed: Nov 6
Last Checked: Nov 8 at 1:06AM
MLS# 1054029
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.
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Investment Insights
Based on property information with market context.
This brick triplex in Corona, Queens, was built in 1970 and contains approximately 3,160 square feet across three residential units. The property includes 8 bedrooms, 3 full bathrooms, and 2 half bathrooms, along with a full basement, two balconies, a private driveway, and a garage. Baseboard heating and window or wall/window unit cooling are provided, with separate meters noted for the cooling systems.
The property sits on a 2,178-square-foot lot at 59-15 Xenia Street. Four separate electric and gas meters support the multi-unit configuration, while public water and public sewer serve the property. Its location near public transportation adds an access feature for residents, and the driveway and garage provide on-site parking.
The property sits on a 2,178-square-foot lot at 59-15 Xenia Street. Four separate electric and gas meters support the multi-unit configuration, while public water and public sewer serve the property. Its location near public transportation adds an access feature for residents, and the driveway and garage provide on-site parking.
Key Highlights
- Three‑family property with 8 bedrooms, 3 full bathrooms, and 2 half bathrooms
- Approximately 3,160 sq ft of building area
- 2,178 sq ft lot with full basement and two balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,244
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,880
$1.5M
Cap Rate 7%
$1,103,486
$1.1M
Cap Rate 9%
$858,267
$858.3K
Market Conditions
NOI Build-Up for 3,160 SF
Gross rent
$146.0K $46.20/SF
− Vacancy
−$5.5K −$1.76/SF
EGI
$140.4K $44.44/SF
− OpEx
−$63.2K −$20.00/SF
NOI
$77.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,544,880
Cap Rate 7%
$1,103,486
Cap Rate 9%
$858,267
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$965.6K – $1.29M
NOI $77,244 @ 7.0% cap · market cap 4.83%
Second Best
Multifamily LT 5
$747.2K
$653.8K – $871.7K
NOI $52,303 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,071 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,486
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Triplexes in Corona
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer separate utilities, basement space, balconies, and private parking.
Where is this triplex located?
The property is located at 5915 Xenia Street Corona, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three‑family property with 8 bedrooms, 3 full bathrooms, and 2 half bathrooms; Approximately 3,160 sq ft of building area; 2,178 sq ft lot with full basement and two balconies
