9807 37th Ave Corona, NY 11368
Listing by: ONEKEY as distributed by MLS GRID / Listed By: New Group Realty Inc - Contact:  718-255-9100

  9807 37th Ave Corona, NY 11368

Active
$3,780,000 (USD)

Description

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!

MLS #:
1032789
Taxes
$17,310(2026)
Type
Multifamily
Year Built
1930
School District
Queens24
County
Queens County

Listed By

Xun Lin, New Group Realty Inc, Contact: 718-255-9100
Source
ONEKEY
Last checked Jul 30 2026 at 8:14 PM GMT+0000
Bathroom Details
Interior Features
  • Washer/Dryer Hookup
  • High Ceilings
  • Open Kitchen
  • Other
Heating and Cooling
  • Other
  • Electric
  • Multi Units
Basement Information
  • Full
  • Storage Space
Utility Information
  • Utilities: Trash Collection Public, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Ps 19 Marino Jeantet
  • Middle School: Is 61 Leonardo Da Vinci
  • High School: Newtown High School
Parking
  • Detached
  • Garage
Additional Information: New Group Realty Inc | 718-255-9100
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/30/2026 20:14. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.