98-15 34th Avenue,Corona, NY 11368
Corona, NY 11368
Description
Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments, and 11 two-bedroom Sale includes a package with 98-15 34th Avenue for a combined asking price of $7,250,000. Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens. apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens.
Details
| MLS # | 1029974 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 95 |
| Listing Provided By | Telemundo Realty Corp | Eduardo Ramirez |
Features
| SQ Feet | 13,000 |
|---|---|
| Basement | Y |
| Units | 32 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 1185000 |
| Tax Annual Amount | 64013 |
| Tax Lot | 36 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Frank Sinatra School Of The Arts |
| Elementary School | Ps 92 Harry T Stewart Sr |
| High School | Frank Sinatra School Of The Arts |
| Listing VS Median (in 11368) | |
Price: $3,500,000 low | high Med: $854,500 sqft: 13,000 low | high Med: 2,708 $ / sqft: $269 low | high Med: $371 On site: 95 low | high Med: 74 | |
Market Activity 11368
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| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Frank Sinatra School Of The Arts |
| Elementary School | Ps 92 Harry T Stewart Sr |
| High School | Frank Sinatra School Of The Arts |
| Listing VS Median (in 11368) | |
Price: $3,500,000 low | high Med: $854,500 sqft: 13,000 low | high Med: 2,708 $ / sqft: $269 low | high Med: $371 On site: 95 low | high Med: 74 | |
 | $3,750,0003354 99th StreetCorona, NY 11368 |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
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