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  • 38-12 114th Street
  • $ 1,680,000
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368

38-12 114th Street

Corona

Building For Sale
$ 1,680,000
Ownership Multi-Family
Lot Size 50'x125'
Status Active
Real Estate Taxes [Per Annum] $ 51,176
 

Photos

38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
38-12 114th Street Corona Corona NY 11368

Property Description

Introducing a prime investment opportunity in Corona, Queens. This solid brick walk-up apartment building was built in 1988 and offers exceptional scale and potential. Spanning 4 stories with a building size of 25x62 and a total of 7,280 square feet, the property sits on a 50x125 lot (3,125 sq. ft.) with a lot area of 0.0717 acres. The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens’ most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale. Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond. This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.
Introducing a prime investment opportunity in Corona, Queens. This solid brick walk-up apartment building was built in 1988 and offers exceptional scale and potential. Spanning 4 stories with a building size of 25x62 and a total of 7,280 square feet, the property sits on a 50x125 lot (3,125 sq. ft.) with a lot area of 0.0717 acres. The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens’ most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale. Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond. This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.

Listing Courtesy of Ashford Homes LLC

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
38-12 114th Street Corona Corona NY 11368
38-12 114th Street Corona Corona NY 11368

Building Details [38-12 114th Street]

Ownership Multi-Family
Block/Lot 1785/26
Floors 4
Lot Size 50'x125'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 495448