38-19 99th Street, Corona, NY 11368 (MLS # 986275)
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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.
| DAYS ON MARKET | 3 | LAST UPDATED | 4/17/2026 |
|---|---|---|---|
| YEAR BUILT | 2005 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| Elementary School | Contact Agent |
|---|---|
| Jr. High School | Is 61 Leonardo Da Vinci |
| High School | Newtown High School |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished, Full |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas |
| LOT | 2609 acre(s) |
| PARKING | No Garage, None |
| SEWER | Public Sewer |
| STORIES | 4 |
| TAXES | 6098 |
| UTILITIES | Natural Gas Available, Electricity Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Lin Pan Realty Group LLC
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