102-18 37th Avenue

North Corona

$1,349,000
Price
8
Beds
5
Baths
3,759 Sq. Ft.
$359 / Sq. Ft.
3,759
Sq. Ft.
$359
per Sq. Ft.

Description

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property...A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.
  1. Listed by Rosalyn Meyer • Daniel Gale Sothebys Intl Rlty
    P: (516)-627-4440 C: (516)-708-9022 rosalynmeyer@danielgale.com

Property Details for 102-18 37th Avenue

Architectural Style
Other
Section Area
102nd St
LISTING UPDATED: 12/04/2024 05:51 PM

Property Details for 102-18 37th Avenue

StatusActive
MLS ID3541648
Days on Market269
Taxes$35,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1931
Lot Size2,078 SF / 25' x 83'
CountyQueens County

Building

102-18 37th Ave

5 Units3 StoriesBuilt in 1931

Building Information for 102-18 37th Avenue

Stories3Residences5Year Built1931Building Size25' x 80'Building Sq. Ft6,000 SFLot Size2,078 SF / 25' x 83'Building Age-Building Type-

Property Information for 102-18 37th Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: GPS
  • Tax Block: 1768
  • Tax Lot: 12
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Queens24
  • Middle Or Junior School: Corona Arts And Sciences Academy
  • High School District: Queens24
  • High School: Newtown High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Auxiliary Room
  • RoomDescription 1: Retail Store
Room 2 Information
  • Room Level: Second
  • Room Type: Auxiliary Room
  • Room Description: 2 two-bedroom units
Room 3 Information
  • Room Type: Auxiliary Room
  • Room Description: 2 two-bedroom units
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01768-0012
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: Other, Public
  • Number Of Kitchens: 4.0
  • Total Rooms: 14
  • Basement: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Location Amenities: Other/See Remarks
  • Spa: No
Exterior Features
  • Exterior Property Features: None, Near Public Transit, Near Shops
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Pool Private: No
Lot Information
  • Lot Features: Near Public Transit,Near Shops
  • Lot Size Dimensions: 25.02x83.05
  • Site Features: Near Public Transit, Near Shops
Parking
  • Parking Features: None
Utilities
  • Heating: Hot Water, Natural Gas
  • Heat Fuel Type: Hot Water, Natural Gas
  • Number Of Separate Gas Meters: 3
  • Water Source: Public
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Hot Water, Natural Gas

Property History for 102-18 37th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 102-18 37th Avenue

Taxable ValueLand$107,550Additions$261,900Total$369,450
Home Facts
Total Finished SqFt3,759 SqFtLot Size2,062 SqFtYear Built1931ZoningR6BAPN4017680012

Schools near 102-18 37th Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
P.S. 16 the Nancy Debenedittis School
PublicK to 5

Corona Arts And Sciences Academy
Public6 to 8

Newtown High School
Public9 to 12

PS 419
Public6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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102-18 37th Avenue is a multi-family home for sale in North Corona. This property was listed for sale on April 4, 2024 by Daniel Gale Sothebys Intl Rlty, it's currently listed at $1,349,000. It has been on the market for a total of 269 days and was last sold on June 2, 2021. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 16 the Nancy Debenedittis School, Corona Arts And Sciences Academy and Newtown High School. 102-18 37th Avenue is a 8-bed, 5-bath, 3,759 sqft multi-family home built in 1931.

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Listing Courtesy of Daniel Gale Sothebys Intl Rlty

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