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3821 99th Street , Corona, NY 11368

$3,780,000

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New to the Market

BEDS0 BATHS MLS#972626

STATUSActive PROPERTY TYPECommercial - SCHOOLQueens24

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Property Description

38-21 99th Street presents a well-positioned multi-family investment opportunity in the heart of Corona, Queens, offering stable in-place income and strong rental demand. The property consists of nine residential units along with a basement unit, providing consistent cash flow in a highly active rental market. The building generates approximately $224,688 in annual gross operating income, including $24,888 from the basement unit and $199,800 from nine residential units. Operating expenses are approximately $32,000 annually, resulting in a net operating income (NOI) of approximately $192,688.Strategically located in Corona, the property benefits from strong tenant demand, proximity to public transportation, local retail corridors, and easy access to surrounding neighborhoods including Flushing and Jackson Heights. This is an excellent opportunity for investors seeking a stable, income-producing asset with potential for long-term appreciation in a well-established Queens rental market.

3821 99th Street | MLS# 972626

This commercial property located at 3821 99th Street , Corona, NY 11368 is currently listed for sale with an asking price of $3,780,000. 99th Street is located within the Queens24 school district. Search Corona real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Finished, Full

Basement: Yes

Cooling: Wall/Window Unit(s)

Heating: Natural Gas

Lot Size: 0.06 Acres

Taxes: $6,097

Year Built: 2004

Feature Descriptions

Building Area Total: 5184

Days on Site: 4

Exterior: Brick

On Market Date: 2026-03-17

Parcel Number: 01765-0025

Parking Features: None

Rental Term: Monthly

Sewer: Public Sewer

Units: 9

Utilities: Electricity Available, Natural Gas Connected, Trash Collection Public, Water Connected

Water: Public

Local Schools

High School: Newtown High School

Middle School: Is 61 Leonardo Da Vinci

Elementary School: Contact Agent

School District: Queens24

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Greenvale, NY 11548

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3821 99th Street , Corona, NY 11368

Property Description

3821 99th Street | MLS# 972626

Property Features

Feature Descriptions

Local Schools

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3821 99th Street , Corona, NY 11368

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