9807 37th Avenue Corona, NY $ 3,780,000
9807 37th Avenue
$ 3,780,000
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9807 37th Avenue

Corona, NY, 11368
$ 3,780,000
Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

$ 23,867

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Commercial Property for sale in Corona, NY

for $3,780,000. This 3,600 square foot building was built in 1930.

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime corner storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET with zero rent stabilization. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

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Commercial Active

Price

$ 3,780,000

Property Type

Commercial

Taxes

$ 17,310

Style

Multi Family

Year Built

1930

Town/City

Corona

County/Region

Queens

MLS | Web ID

1032756

Features
General
Sewer Public Sewer
Heating Electric
Cooling Multi Units
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2026
Parcel Number 01739-0033
County Queens
Property Type Commercial Sale
Directions Google Maps
High School Newtown High School
City New York
High School District Queens24
Number Of Units Total 5
Elementary School Ps 19 Marino Jeantet
Property Attached Y/N Y
Tax Annual Amount 17310
Middle/Junior High School Is 61 Leonardo Da Vinci
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
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Interior
Basement Full See Remarks Storage Space
Total Stories 1
Basement Features Full See Remarks Storage Space
Basement (Y/N) Y
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Exterior
Parking Features Detached Garage Detached Garage
Water Source Public
Building Area Total 3600
Waterfront Y/N N
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Internal Only
Street Number 1 9807
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* Excluded Features
List By
Xun Lin

Listing Agent

New Group Realty Inc

Broker

718-255-9100

Contact

Affordability Calculator

$25,310
Per Month
94%
6%
0%
Monthly Principal & Interest
$23,867
Monthly Property Taxes
$1,443
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892444 Elementary School
4892417 Middle School
Newtown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$3,780,000 Listed Price

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9807 37th Avenue, Corona, NY, 11368 is a Commercial Property for sale at $3,780,000 with 3,600 sqft. 9807 37th Avenue was built in 1930. The property's zip code is 11368 which is in Corona, NY