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Six-Unit Brick Apartment Building
For Sale
$965,000

99-11 42 Avenue, Corona, NY 11368

Commercial Sale, Corona, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market78

Property Features for 99-11 42 Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Rooms Basement
Basement Partially Finished, Full
Elementary school Ps 19 Marino Jeantet
High school High School For Arts & Business
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active
APN 01616-0058
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 21372

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Landmark II · Keller Williams Realty
Listed By: George C. Arnaudov · License #40AR1152240
Added: Jun 4 Changed: Aug 20 Last Checked: Aug 20 at 5:06AM
MLS# 1008554

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.

This 1931 brick apartment property contains six residential units arranged as five 2-bedroom apartments and one 1-bedroom apartment. Separate utility service is supported by 7 electric meters and 7 gas meters, with tenants responsible for their individual cooking gas and electric expenses. The building has oil heat, wall/window cooling units, public water, and public sewer, with a basement included in the room configuration.

The property is located at 99-11 42 Avenue in Corona, Queens, near the 103rd St-Corona Plaza 7-train subway station. The surrounding area includes local retail, restaurants, community parks, and essential services. The property is zoned R6B and occupies 0.049 acres.

Key Highlights

  • Six residential units: five 2‑bedroom apartments and one 1‑bedroom apartment
  • 7 electric meters and 7 gas meters support separate utility setups
  • Brick building constructed in 1931

Property Analytics

Current Use

1031 exchange properties

Suggested Use

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,722
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 - Residential configuration includes five two-bedroom apartments and one one-bedroom apartment with individually metered utilities.
Where is this apartment building located?
The property is located at 99-11 42 Avenue Corona, NY.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Six residential units: five 2‑bedroom apartments and one 1‑bedroom apartment; 7 electric meters and 7 gas meters support separate utility setups; Brick building constructed in 1931
More about this property
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