Mixed-Use Building with
For Sale
$3,780,000
9807 37th Avenue, Corona, NY 11368
A three-story brick property combines commercial frontage with residential units and detached garages.
Property Size3,600 SF
Lot Size0.06 Acres
Price / SF$1,050
Days on Market9
Property Features for 9807 37th Avenue
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
3
Lot size
0.06 Acres
Property subtype
Residential Income
Net Operating Income
$245,823
Financials
Cap Rate
6.5%
Gross Income
$283,284
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
5 x 3BR
Multifamily Units
5
Individually Metered Utilities
gas, electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,310
Amenities
in-unit washer and dryer
split-system A/C
Full,Storage Space
Yes
High Ceilings,Open Kitchen,Other,Washer/Dryer Hookup
Full, Storage Space
Public
3
No
Detached, Garage
3600
Building Details
Building Size
3,600 SF
Year Built
1930
Buildings
1
Stories
3
Construction
semi-detached all-brick
Tenancy
Multi
Listing Agency:
New Group Realty Inc
(516) 703-2918
Listed By:
Hassan Mahmood
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:59PM
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 New Group Realty Inc
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Investment Insights
Based on property information with market context.
This renovated, semi-detached brick property contains 3,600 square feet across three stories, with a full basement and separate entrance. The layout includes one storefront, five three-bedroom apartments, and three detached garages. Each apartment has an in-unit washer and dryer and split-system A/C. Separate utility service includes five gas meters and six electric meters. The property was built in 1930 and has a 6.5% CAP rate.
At 9807 37th Avenue in Corona, the property is steps from the #7 subway train and multiple bus lines, within a commercial corridor described as having high foot traffic.
At 9807 37th Avenue in Corona, the property is steps from the #7 subway train and multiple bus lines, within a commercial corridor described as having high foot traffic.
Key Highlights
- One storefront and five three‑bedroom apartments
- 3,600 square feet in a three‑story building, plus a full basement with separate entrance
- Three detached garages
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,608
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-story brick property combines commercial frontage with residential units and detached garages.
Where is this mixed-use property located?
The property is located at 9807 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: One storefront and five three‑bedroom apartments; 3,600 square feet in a three‑story building, plus a full basement with separate entrance; Three detached garages
