# 112 38ave, Corona, NY 11368

> **TL;DR:** 16bd/9ba multi-family, $2,680,000, built 2006.
> A/C. Est. $14,334/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,680,000 |
| Bedrooms | 16 |
| Bathrooms | 9 full |
| Year Built | 2006 |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $13,552 |
| Estimated Insurance | $782 |
| **Total** | **$14,334** |

## Nearby Schools

- **Elementary:** Ps 143 Louis Armstrong
- **Middle:** Corona Arts And Sciences Academy
- **High:** High School For Arts & Business

## Key Amenities

- A/C

## Property Highlights

- Built in 2006

## Description

### Agent Description
Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6,424 sq. ft. of building area Approximately 22 * 73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement Current total rental income: approximately $235,000 per year - Tenants pay all utilities and expenses - Easy-to-maintain all-brick construction - Approximately five minutes from the subway An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

## Location

- **Address:** 112 38ave, Corona, NY 11368
- **County:** Queens
- **Coordinates:** 40.753743, -73.855324
- **Google Maps:** https://www.google.com/maps?q=40.753743,-73.855324

## Listing Agent

- **Name:** Li H. Xu
- **Brokerage:** eXp Realty
- **Phone:** 6462443092
- **Broker Phone:** (888) 276-0630
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/112-38ave_Corona_NY_11368_M92299-14362?f=listhub&s=MLSLINY&m=1050891&c=propsimple)

## Photos

![112 38ave - Photo 1](http://lh.rdcpix.com/0c3bddc42f9e3415d2d1717609f7d97cl-f1852051996r.jpg)

![112 38ave - Photo 2](http://lh.rdcpix.com/0c3bddc42f9e3415d2d1717609f7d97cl-f587843071r.jpg)

![112 38ave - Photo 3](http://lh.rdcpix.com/0c3bddc42f9e3415d2d1717609f7d97cl-f3420678112r.jpg)

![112 38ave - Photo 4](http://lh.rdcpix.com/0c3bddc42f9e3415d2d1717609f7d97cl-f2811309888r.jpg)

![112 38ave - Photo 5](http://lh.rdcpix.com/0c3bddc42f9e3415d2d1717609f7d97cl-f3299635694r.jpg)

---

**MLS#:** 1050891 | **Updated:** 2026-09-15
**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.ai/listing/112-38ave-corona-ny-11368-1050891)

---

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