Rare opportunity to own an income-producing five-family in the heart of Corona. This detached three-story brick building (approx. 3,750 SF on a 2,500 SF lot, built 1931, R5 zoning, Class C2) offers light and air on all four sides, a private paved side driveway with off-street parking, and balconies serving the upper units. The building is fully occupied with five identical two-bedroom, one-bath apartments - one on the first floor and two each on the second and third - producing $9,211/month ($110,532/year) in gross rent . Six separate electric meters keep tenants responsible for their own electric; landlord covers water and gas. Insurance approx. $4,500, water $5,000, gas $6,000, repairs/maintenance $6,000; 2027 real estate taxes $42,050 per NYC DOF. Sold with great quality tenants in place consistently paying on time. The location speaks for itself: a short walk to the 7 train at 103 St-Corona Plaza, the Roosevelt Avenue and National Street retail corridors, and Flushing Meadows-Corona Park, with quick access to the Grand Central Parkway, LIE and LaGuardia!

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 1, 2026 10:53 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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