38-12 114th ST, Corona, NY 11368
38-12 114th ST, Corona, NY 11368
38-12 114th ST, Corona, NY 11368
3
$1,500,000
$1,680,000
10.7%
Est.Price: ?

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8 BA
7,280 SqFt

38-12 114th ST Corona, NY 11368

Est. payment /mo
SOLD DATE : 02/20/2026

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Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,280 sqft

Price per Sqft $206

MLS Listing ID 495773

Sold Date 02/20/26

Full Baths 8

Year Built 1988

Annual Tax Amount $51,184

Property Sub-Type Multi-Family

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.

Location

State NY

County Queens

Area Corona

Zoning R6

Rooms

Basement Finished, Full

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood, Tile, Other

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Flat

Handicap Access No

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Gas

Financing Bank Mortgage,Cash

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Listed by Tiger Realty
Bought with Tiger Realty
NEARBY SCHOOLS & BUSINESSES
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Joseph Matassa

Joseph Matassa

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+1(732) 802-7100

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