About This Home

This 0-bedroom, 0-bathroom multi-family at 9807 37TH Avenue in Corona, NY is listed for $3,780,000. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930
  • 3 parking spaces

Property Details

3-car garage
1930
Listing Description

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages.

Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

Monthly Cost Estimate

$20,216/mo

20% down · 6.5% · 30 years

Principal$2,734
Interest$16,380
Insurance$1,103

Estimates only. Actual payments may vary.

Location

9807 37TH Avenue

Corona, NY 11368

Features & Amenities

Interior Features

High CeilingsOpen KitchenWasher/Dryer Hookup

Property Details

Construction

Brick

Parking

Garage

Heating

Electric (Heating)

Cooling

Multi UnitsElectric

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 9807 37TH Avenue is listed at $3,780,000. The estimated monthly payment is $20,217 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 3 parking spaces. Interior Features: High Ceilings, Open Kitchen, Washer/Dryer Hookup.

This property is listed by Xun Lin.

XL

Xun Lin

Agent at Best Group Realty, Inc.

Listed by Best Group Realty, Inc. · Broker phone: 718 939-9100 · View on Broker Site · Broker website

MLS# 1032789· Source: OneKey MLS· 89 days on PropertySimple

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.

9807 37TH Avenue, Corona, NY 11368

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