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

9807 37th Avenue, Corona, NY 11368

MULTI_FAMILY - Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market6

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/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 1 Last Checked: Aug 4 at 1:06PM
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 in Corona, Queens. The property includes a 20x60 building footprint on a 25x100 lot, plus a full basement with a separate entrance.

The layout features 1 prime storefront and 5 residential apartments, and every apartment is a three-bedroom unit. Each unit is equipped with its own in-unit washer and dryer and split-system A/C. Separate utilities are provided with 5 gas meters and 6 electric meters. Parking includes 3 detached garages.

Built in 1930, the building is serviced by public water and public sewer and uses electric heating. The operating profile provided indicates a 6.5% CAP rate and cash-flowing performance with low annual expenses. The property is located steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor.

Key Highlights

  • Fully gut renovated semi‑detached all‑brick 3‑story apartment building with full basement and separate entrance
  • 1 prime storefront plus 5 apartments, all three‑bedroom units
  • Each unit includes in‑unit washer and dryer and split‑system A/C

Property Analytics

Current Use

Bellas Nail Salon ... Nail Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Acupuncture

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

6,528
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 - Fully gut renovated, semi-detached brick building with 1 storefront and five three-bedroom units, each with in-unit washer and dryer.
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: Fully gut renovated semi‑detached all‑brick 3‑story apartment building with full basement and separate entrance; 1 prime storefront plus 5 apartments, all three‑bedroom units; Each unit includes in‑unit washer and dryer and split‑system A/C
More about this property
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