9807 37TH Avenue, Corona, NY 11368 (MLS # 1032789)
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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 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. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!
| DAYS ON MARKET | 5 | LAST UPDATED | 7/30/2026 |
|---|---|---|---|
| YEAR BUILT | 1930 | GARAGE SPACES | 3.0 |
| COUNTY | Queens | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Ps 19 Marino Jeantet |
|---|---|
| Jr. High School | Is 61 Leonardo Da Vinci |
| High School | Newtown High School |
| ADDITIONAL DETAILS | |
| AIR | Electric, Multi Units |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Storage Space |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Electric, Other |
| INTERIOR | High Ceilings, Other |
| LOT | 0 |
| PARKING | Detached, Garage |
| SEWER | Public Sewer |
| TAXES | 17310 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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