Apartment Building with Corner
New
For Sale
$3,780,000
9807 37th Avenue, Corona, NY 11368
MULTI_FAMILY - Corona, NY
Lot Size0.06 Acres
Days on Market2
Property Features for 9807 37th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Garage
Basement
Storage Space, Full
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
(718) 255-9100
Listed By:
Xun Lin
(347) 387-9337
Added: Jul 30
Last Checked: Jul 31 at 3:06AM
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.
Full gut renovated, semi-detached all-brick 3-story apartment building featuring one prime corner storefront and five residential apartments, all three-bedroom units. The property includes a full basement with a separate entrance and parking in three detached garages.
All units have in-unit washer and dryer and split-system A/C. Utilities are separately metered with five gas meters and six electric meters. The building is served by public water and public sewer, and it was built in 1930.
Located in Corona, just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor, the building is described as a strong cash-flowing investment with low annual expenses. The provided financial metrics include a 6.5% CAP rate, and it is marketed as 100% free market with zero rent stabilization.
All units have in-unit washer and dryer and split-system A/C. Utilities are separately metered with five gas meters and six electric meters. The building is served by public water and public sewer, and it was built in 1930.
Located in Corona, just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor, the building is described as a strong cash-flowing investment with low annual expenses. The provided financial metrics include a 6.5% CAP rate, and it is marketed as 100% free market with zero rent stabilization.
Key Highlights
- Full gut renovated, semi‑detached all‑brick 3‑story apartment building
- One prime corner storefront plus five 3‑bedroom apartments
- 20x60 building size on a 25x100 lot
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6,528
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Semi-detached all-brick 3-story building with a corner storefront and five 3-bedroom apartments plus detached garages.
Where is this apartment building 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: Full gut renovated, semi‑detached all‑brick 3‑story apartment building; One prime corner storefront plus five 3‑bedroom apartments; 20x60 building size on a 25x100 lot
