$2,390,000

38-19 99th Street, Corona, NY 11368

5,184 sqft

Multi-Family Home
Built in 2005
2,614sqft lot
—— car garage
$461/sqft
Listed 24 days ago

Property Description

Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.

Listing Status:: Active
Data Last Updated:: May 11, 2026 at 2:22AM
Listing Office:: Lin Pan Realty Group LLC : 646-785-1699
MLS ID:: 986275

Basement: FinishedFull
A/C: Wall/Window Unit(s)
Heating: Natural Gas

Parking: None

Originating MLS: onekey2
School District: Queens24
County: Queens

Zoning: 01765-0027

Utilities: Electricity AvailableNatural Gas AvailableTrash Collection PublicWater Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of Lin Pan Realty Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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