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Renovated Mixed-Use Building with Storefront
For Sale
$3,780,000

98-07 37th Avenue, Corona, NY 11368

Commercial Sale, Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market38

Property Features for 98-07 37th Avenue

General Information

Property type Commercial Sale
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 and 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: Sep 1 Last Checked: Sep 5 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.

Located at 98-07 37th Avenue in Corona, this semi-detached, all-brick mixed-use property has three stories, a full basement with a separate entrance, and a 20-by-60-foot building footprint on a 25-by-100-foot lot. The building has undergone a full gut renovation and includes one storefront, five three-bedroom apartments, and three detached garages.

Each residential unit has its own washer and dryer, split-system A/C, and separate utility allocation supported by five gas meters and six electric meters. Public water and public sewer serve the property, while electric heating and multi-unit cooling are installed. The apartments are identified as 100% free market. Transit access includes the #7 subway train and multiple bus lines, with the property positioned in a high-foot-traffic commercial corridor.

Key Highlights

  • Full gut renovation in a semi‑detached, all‑brick 3‑story building
  • 1 storefront, 5 three‑bedroom apartments, and 3 detached garages
  • 20x60 building size on a 25x100 lot

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

4,436
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?
Mixed-use property - Three-story brick property combines commercial frontage with multiple residential apartments and detached garage parking.
Where is this mixed-use property 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: Full gut renovation in a semi‑detached, all‑brick 3‑story building; 1 storefront, 5 three‑bedroom apartments, and 3 detached garages; 20x60 building size on a 25x100 lot
More about this property
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