MLS#953203
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
Property Description
Located on Corona Avenue in the heart of Corona, this well-maintained and income-producing three-family property offers an excellent investment opportunity. The building features three stories plus a full basement, with a solid layout and strong rental income.Each residential floor includes three bedrooms and two full bathrooms, with spacious, well-proportioned layouts that are highly desirable and easy to rent. The basement has a separate entrance and provides direct access to both the backyard and the front of the building, offering flexibility for future use.The property is currently fully rented with good, stable tenants. The entire building was fully renovated in 2020, including new electrical wiring, new plumbing, and a new boiler. Tenants pay their own gas and electricity, helping to keep operating expenses low. Annual property taxes are $12,213.Zoned R6B, the property also offers future expansion or development potential, adding long-term value. Transportation is extremely convenient, with the 7 train just a short walk away and the Q58 bus directly in front of the property, providing easy access to Flushing. The surrounding neighborhood offers abundant shopping, dining, and everyday conveniences.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: None
Fenced: Yes
Heating: Baseboard, Electric, Hot Water, Natural Gas, Steam
Lot Size: 0.05 Acres
Taxes: $12,212
Year Built: 1915
Amenities
Granite Counters
Marble Counters
Open Floorplan
Open Kitchen
Feature Descriptions
Building Area Total: 2854
Days on Site: 44
Exterior: Aluminum Siding, Brick
Fencing: Back Yard, Fenced, Perimeter
Lot Dimensions: 25X85.85
Lot Features: Back Yard, Near Public Transit, Near School, Near Shops, Private, Subdivided
On Market Date: 2026-01-19
Parcel Number: 01629-0117
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Security Features: Smoke Detector(s)
Sewer: Public Sewer, Shared
Tenant Pays: Electricity, Gas, Heat, See Remarks
Units: 3
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water: Public
Local Schools
High School: Voyages Preparatory
Middle School: Is 61 Leonardo Da Vinci
Elementary School: Ps 19 Marino Jeantet
School District: Queens24
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Estimated Payment
$ 5,750.06 per month $4,184.06 Principal & Interest $1,017.67 Property Tax $548.33 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
99-01 Corona Avenue | MLS# 953203
This multi-family property located at 99-01 Corona Avenue , Corona, NY 11368 is currently listed for sale with an asking price of $1,880,000. 99-01 Corona Avenue is located within the Queens24 school district. Search Corona real estate on www.laffey.com today.