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Renovated Apartment Building with Storefront
For Sale
$3,780,000

98-07 37th Avenue, Corona, NY 11368

MULTI_FAMILY - Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market12

Property Features for 98-07 37th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Garage
Basement Full, Storage Space
Elementary school Ps 19 Marino Jeantet
Middle school Is 61 Leonardo Da Vinci
High school Newtown High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Directions Google Maps
Standard status Active
APN 01739-0033
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17310

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Amenities

in-unit washer/dryer
split-system A/C

Building Details

Year built 1930
Floors in Building 1
Number of units 5
Building materials Brick
Listing Agency: New Group Realty Inc
Listed By: Xun Lin
Added: Jul 30 Changed: Aug 9 Last Checked: Aug 10 at 2:06AM
MLS# 1032756

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.

Investment Insights

Based on property information with market context.

Fully renovated, semi-detached brick apartment building with a three-story configuration, a full basement, and a separate basement entrance. The property measures 20x60 on a 25x100 lot and includes one storefront, five residential apartments, and three detached garages. Each apartment offers a three-bedroom layout along with an in-unit washer and dryer and split-system A/C.

Separate utility service includes five gas meters and six electric meters. Built in 1930, the property has public water and public sewer, with electric heat and garage parking. The building is located at 98-07 37th Avenue in Corona, near the #7 subway train and multiple bus lines, within a commercial corridor with reported high pedestrian activity.

Key Highlights

  • Five free‑market apartments, each configured with three bedrooms
  • One storefront plus three detached garages
  • Fully renovated semi‑detached brick building with full basement and separate entrance

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Nursing Home Garden Center Parking Lot & Garage Hotel & Motel Pet Grooming Service Clothing & Fashion Store

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

5
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,608
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story brick property combines five free-market apartments, a commercial storefront, garages, and individually metered utilities.
Where is this apartment building located?
The property is located at 98-07 37th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: Five free‑market apartments, each configured with three bedrooms; One storefront plus three detached garages; Fully renovated semi‑detached brick building with full basement and separate entrance
More about this property
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