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9807 37th Ave, Corona, NY 11368

Corona
Local realty services provided by:CENTURY 21 New West Properties
9807 37th Ave,Corona, NY 11368
$3,780,000
  • - Beds
  • - Baths
  • 3,600 sq. ft.
  • Multi-family
  • Active
Listed by: xun lin, carmen m. sang gri cbr
Office: new group realty inc
MLS#:1032789
Source:OneKey MLS

Price summary

  • Price:$3,780,000
  • Price per sq. ft.:$1,050

About this home

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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Home facts

  • Year built:1930
  • Listing ID #:1032789
  • Added:1 day(s) ago
  • Updated:July 31, 2026 at 12:52 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:3,600 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1930
  • Building area:3,600 sq. ft.
  • Construction Materials:Brick

Schools

  • High school:Newtown High School
  • Middle school:Is 61 Leonardo Da Vinci
  • Elementary school:Ps 19 Marino Jeantet

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,780,000
  • Price per sq. ft.:$1,050
  • Tax amount:$17,310 (2026)

Features and amenities

  • Laundry features:Washer/Dryer Hookup
  • Amenities:High Ceilings

Parking

  • Total parking spaces:3
  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:3
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