Price Reduced 5.60%
Price History
$1,999,999
2/25/2026
$1,788,000
5/22/2026
$1,888,000
6/26/2026
104-37 37th Road, Corona, NY, 11368
11 beds
7 Full baths
2004
Quadruplex
Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of total building area, with each floor approximately 1,120 SF, and strong, stable rental income. The property consists of 4 residential units: • 1 Two-Bedroom / 1 Bath unit • 3 Three-Bedroom / 2 Bath units Additionally, the basement is fully finished. Total rental income is $11,200/month, approximately $134,400/year. All tenants are long-term, stable, and well-qualified. Property comes with 5 years remaining on tax abatement, significantly reducing carrying costs. Current property tax is $150/month, or $1,800/year. Water expense is $1,350 every 3 months, and garbage expense is $200/month. Tenants pay their own electricity and gas; landlord is responsible for water, property tax, and garbage only, keeping operating expenses low. Conveniently located just 5 minutes’ walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities. This is a turnkey investment — sold with all tenants in place as a package deal, as-is. No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation. A rare high-income-producing 4-family opportunity in Corona — don’t miss it!
Status:
Active
Type:
Single-family residential
Units:
4
Garage:
1-car
Heating:
Electric, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Full, Walk-Out Access
Parking:
Driveway, Garage
Est. Taxes:
$1,800
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Elementary School:
Ps 143 Louis Armstrong
Middle School:
Is 61 Leonardo Da Vinci
High School:
Voyages Preparatory
School District:
Queens24
Days on Market:
121
MLS #:
965014
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Chase Global Realty Corp 718-355-8788