50-05 108th Street

1,600 Sq. Ft.
$744 / Sq. Ft.
1,600
Sq. Ft.
$744
per Sq. Ft.

Description

Excellent opportunity to own a legal two-family home in a prime Corona location. Ideal for both end-users and investors, this property offers strong income potential, low holding costs, and future upside. Situated on a 17 x 100 lot with a 17 x 50 building size, and located in an R6B zoning district, this property offers potential for extension or future redevelopment opportunities. Annual property tax is only $7,045. The home is configured with separate utilities, including 3 electric meters, 2 gas...Excellent opportunity to own a legal two-family home in a prime Corona location. Ideal for both end-users and investors, this property offers strong income potential, low holding costs, and future upside. Situated on a 17 x 100 lot with a 17 x 50 building size, and located in an R6B zoning district, this property offers potential for extension or future redevelopment opportunities. Annual property tax is only $7,045. The home is configured with separate utilities, including 3 electric meters, 2 gas meters, and separate boilers, making management more efficient and flexible. The first floor features 3 bedrooms and 1 bathroom, with direct access to the backyard, and will be delivered vacant. Estimated rental income is approximately $3,000/month. The second floor offers 4 bedrooms and 1 bathroom, currently rented for $3,000/month, and can be delivered vacant if needed. There is also a full basement with generous space, offering flexible use. Current return is approximately 5%, making this an attractive option for investors. Whether you choose to live in one unit and collect rental income from the other, or fully maximize the property as an investment, this home offers excellent versatility. Conveniently located near supermarkets, restaurants, and shops, with easy access to the 7 train, major highways, Corona Park, Costco, and LaGuardia Airport. A rare find in Corona with low taxes, dual rental income, and expansion potential.
  1. Listed by Sophia X. Yao • Chase Global Realty Corp
    P: (718)-355-8788 C: (929)-260-9118 sophiayao@chasegr.com

Property Details for 50-05 108th Street

City/Township
New York
Waterfront
No
LISTING UPDATED: 05/04/2026 01:40 PM

Property Details for 50-05 108th Street

StatusActive
MLS ID984600
Days on Market32
Taxes$7,045 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Property TypeMulti Family
MLS TypeDuplex
Year Built1925
Lot Size1,667 SF
CountyQueens County

Location

Listing Courtesy of Chase Global Realty Corp
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Building Information for 50-05 108th Street

Stories-Residences2Year Built1925Building Size-Lot Size1,667 SFBuilding Age-Building Type-

Payment Calculator

$6,579 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,992

Property Taxes

$587

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 50-05 108th Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: Detached
  • State Or Province: NY
School Information
  • School District: Queens 24, Queens24
  • Elementary School District: Queens 24
  • Elementary School: Ps 14 Fairview
  • Middle Or Junior School District: Queens24
  • Middle Or Junior School: Is 61 Leonardo Da Vinci
  • High School District: Queens24
  • High School: High School For Arts & Business
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
Unit 2 Information
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
Unit Information
  • Number Of 1 Bedrooms: 0.0
  • Number Of 2 Bedrooms: 0.0
  • Number Of 3 Bedrooms: 1.0
  • Number Of 4 Bedrooms: 1.0
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02006-0097
  • Tax Source: Municipality
  • Tax Year: 2026.0
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, First Floor Full Bath, Other, Public
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Other
  • Basement: Finished, Full
  • Location Amenities: 1st Fl Master Bedroom
  • Basement: Yes
Exterior Features
  • Exterior Property Features: None
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Garage: No
  • Carport: No
Utilities
  • Cooling: None
  • Heating: Hot Water, Oil, Other
  • Heat Fuel Type: Hot Water, Oil, Other
  • Number Of Separate Gas Meters: 2
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Hot Water, Oil, Other
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 50-05 108th Street

DateEvent & SourcePriceAppreciationLink
Apr 13, 2026

Listed (Active)

ONEKEY #984600

$1,190,000——
Jul 12, 2023

Sold

ONEKEY #3475375

$730,000——
Jul 12, 2023

Sold (Public Record)

ACRIS #2023072700807001

$730,000—
DateEvent & SourcePrice
04/13/2026

Listed (Active)

ONEKEY #984600

$1,190,000
07/12/2023

Sold

ONEKEY #3475375

$730,000
07/12/2023

Sold (Public Record)

ACRIS #2023072700807001

$730,000

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

Public Records for 50-05 108th Street

Taxable ValueLand$11,280Additions$43,260Total$54,540
Home Facts
Total Finished SqFt1,600 SqFtLot Size1,667 SqFtYear Built1925ZoningR6BAPN4020060097

Schools near 50-05 108th Street

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 to 8
Rating
School
Distance
P.S. 14 Fairview
PublicK to 5

Is 61 Leonardo Da Vinci
Public6 to 8

John Bowne High School
Public9 to 12

PS 419
Public6 to 8

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.

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Similar Homes

50-05 108th Street is a multi-family home for sale in South Corona. This property was listed for sale on April 13, 2026 by Chase Global Realty Corp, it's currently listed at $1,190,000. It has been on the market for a total of 32 days and was last sold on July 12, 2023. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 14 Fairview, Is 61 Leonardo Da Vinci and John Bowne High School. 50-05 108th Street is a 7-bed, 2-bath, 1,600 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chase Global Realty Corp

Based on information submitted to the MLS GRID as of 05/04/2026 01:40 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.