38-12 114th Street

Introducing a prime investment opportunity in Corona, Queens. This solid brick walk-up apartment building was built in 1988 and offers exceptional scale and potential. Spanning 4 stories with a building size of 25x62 and a total of 7,280 square feet, the property sits on a 50x125 lot (3,125 sq. ft.) with a lot area of 0.0717 acres. The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens’ most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale. Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond. This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.