For sale

$3,780,000

98-07 37TH Avenue, Corona, NY 11368

--beds

--baths

3,600sqft

Quadruplex, Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$1,050/sqft

$-- HOA

What's special

In-unit washer and dryer

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

12 days

74

5

Facts & features

Interior

Heating

Electric, Other

Cooling

Electric, Multi Units

Appliances

Laundry: Washer/Dryer Hookup

Features

High Ceilings, Open Kitchen, Other
Basement: Full,Storage Space

Interior area

Total structure area: 3,600
Total interior livable area: 3,600 sqft

Property

Parking

Total spaces: 3
Parking features: Detached, Garage
Garage spaces: 3

Details

Parcel number: 017390033
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Attached to another structure: Yes

Materials

Brick

Condition

Year built: 1930

Utilities & green energy

Gas: Separate Gas Meters: 5
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Community & HOA

Location

Region: Flushing

Financial & listing details

Price per square foot: $1,050/sqft
Tax assessed value: $988,000
Annual tax amount: $17,310
Date on market: 7/30/2026
Cumulative days on market: 13 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/30/2026	Listed for sale	$3,780,000+208.6%$1,050/sqft
Source: OneKey® MLS as distributed by MLS GRID #1032789 Report a problem
12/30/2024	Sold	$1,225,000$340/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$444,600 +20%
2024	--	$370,440 +20%
2023	--	$308,700 -20%
2022	--	$385,650 +3.6%
2021	--	$372,150 -8.5%
2020	$12,365	$406,800 +10%
2019	$12,365 +2.1%	$369,900 +285.3%
2018	$12,108 +7.1%	$96,003 +8%
2017	$11,308 +6.6%	$88,905 +8%
2016	$10,608	$82,343 +8%
2015	$10,608 +54%	$76,260
2014	$6,890	$76,260

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: North Corona

Getting around

93 / 100

Walker's Paradise

80 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
Ps 19 Marino Jeantet
Grades: PK-5Distance: 0.2 mi
4/10
Corona Arts And Sciences Academy
Grades: 6-8Distance: 0.5 mi
3/10
Newtown High School
Grades: 9-12Distance: 0.8 mi

Schools provided by the listing agent

Elementary: Ps 19 Marino Jeantet
Middle: Is 61 Leonardo Da Vinci
High: Newtown High School

Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.