102-18 37th Avenue

North Corona

$1,399,000
Price
8
Beds
5
Baths
3,759 Sq. Ft.
$372 / Sq. Ft.
3,759
Sq. Ft.
$372
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: 917-887-2687 rosalynmeyer@danielgale.com

Property Details for 102-18 37th Avenue

Township
Queens
Architectural Style
Other
Community Features
Near Public Transportation
Garage Spaces
.00
Section Area
102nd St
Offer Presentation
Cannot be Present

Location

Listing Courtesy of Daniel Gale Sothebys Intl Rlty
Add your commute
LISTING UPDATED: 04/29/2024 08:37 AM

Property Details for 102-18 37th Avenue

StatusActive
MLS ID3541648
Days on Market25
Taxes$35,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms14.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1931
Lot Size2,078 SF / 25' x 83'
CountyQueens County

Building

102-18 37th Ave

5 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of Daniel Gale Sothebys Intl Rlty
Add your commute

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-

Payment Calculator

$10,552 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,635

Property Taxes

$2,917

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102-18 37th Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 12
  • Directions: GPS
  • Tax Block: 1768
  • Tax Lot: 12
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Corona Arts And Sciences Academy
  • High School District: Queens 24
  • 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: Additional
  • RoomDescription 1: Retail Store
Room 2 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: 2 two-bedroom units
Room 3 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: 2 two-bedroom units
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01768-0012
  • Tax Map Number: 01768-0012
Interior and Exterior Features
Interior Features
  • Amenities: Near Public Transportation, Other, Public
  • Number Of Kitchens: 4.0
  • Total Rooms: 14
  • Living Area Units: Square Feet
  • Basement: None
  • Fireplaces Total: 0
  • Location Amenities: Other/See Remarks, Near Public Transportation
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: None, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 25.02x83.05
  • Site Features: Near Public Transportation, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 3
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Natural Gas, Hot Water

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$243,450Total$351,000
Home Facts
Total Finished SqFt3,759 SqFtLot Size2,061 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 - 9 to 12
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

Civic Leadership Academy
Public9 to 12

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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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 $1,399,000. It has been on the market for a total of 25 days and was last sold on December 1, 2022. 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.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Daniel Gale Sothebys Intl Rlty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.