# 10116 39th Avenue, Corona, NY 11368

> **TL;DR:** residential multi family, $3,800,000, built 2012.
> A/C. Est. $16,467/mo. Listed 77 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,800,000 |
| Year Built | 2012 |
| Lot Size | 2,500 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 77 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,467 |
| **Total** | **$16,467** |

## Nearby Schools

- **Elementary:** Contact Agent
- **Middle:** Is 61 Leonardo Da Vinci
- **High:** Newtown High School

## Key Amenities

- A/C

## Property Highlights

- Built in 2012
- 0.06 acre lot

## Description

### Agent Description
This well-maintained mixed-use investment property offers strong and stable cash flow in a highly convenient neighborhood near public transportation, retail, and dining. The property consists of one medical office on the ground floor and seven residential units, along with additional rooftop lease income, providing diversified income streams for investors. The building layout includes a medical office and one 1-bedroom unit with a large backyard on the first floor, followed by six additional one-bedroom apartments across the second, third, and fourth floors. Each residential floor contains two well-configured 1-bedroom units, making the building efficient to manage and highly rentable in this demand-driven Queens location. The property generates approximately $207,000 in annual gross operating income, with estimated operating expenses of about $26,000, resulting in an attractive Net Operating Income (NOI) of approximately $181,000 annually. Situated between Corona and Flushing, the property benefits from strong rental demand, proximity to major transportation routes, neighborhood retail corridors, and easy access to Manhattan. This is an excellent opportunity for investors seeking a stable income-producing property with upside potential in one of Queens' most active rental markets.

## Location

- **Address:** 10116 39th Avenue, Corona, NY 11368
- **County:** Queens

## Listing Agent

- **Name:** Qian Huang
- **Brokerage:** Lin Pan Realty Group LLC
- **Phone:** 6467851699
- **Email:** jessicahuangny@gmail.com

## Primary Photo

![10116 39th Avenue - Primary Photo](http://lh.rdcpix.com/b619560cdb8192d8957de7a289ac0679l-f158818722r.jpg)

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**MLS#:** 972195 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/10116-39th-avenue-corona-ny-11368-y972195)

---

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