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112 38aveCorona, NY 11368

For Sale

$2,680,000

Smart Buyer Rebate $33,500

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.

Listed by Li H. Xu

·

EXP Realty

·

888-276-0630

Last updated September 15, 2026

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Source: OneKey #1050891

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Corona
  • Bedrooms16
  • Bathrooms9
  • Days on PrevuNew Today
  • Taxes$1,120/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/15/2026
Listed by EXP Realty
$2,680,000
  1. 09/15/2026$2,680,000
    Listed by EXP Realty

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$33,500
Title Insurance
$12,060
Bank Attorney
$1,500
Mortgage Recording Tax
$41,272
Other Closing Costs
$4,000
Total
$96,332

Estimated closing costs are based on the list price of $2,680,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 112 38ave

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Year Built: 2006
  • Construction Materials: Brick

Measurements

  • Building Area Total: 6,424
  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,120.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: Original Details

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 9
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 16

Other

General

  • Senior Community: Yes

Parking

Parking

  • Parking Features: Parking Lot

Schools

Elementary School

  • Elementary School: Ps 143 Louis Armstrong
  • Elementary School District: Queens 24

High School

  • High School: High School For Arts & Business
  • High School District: Queens24

Middle or Junior School

  • Middle Or Junior School: Corona Arts And Sciences Academy
  • Middle Or Junior School District: Queens24

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 16 bedrooms and 9 bathrooms in this multi-family home at 112 38ave.

What schools are nearby to 112 38ave?

Nearby schools include the Ps 143 Louis Armstrong Elementary School, Corona Arts And Sciences Academy Middle School, and High School For Arts & Business.

What are the annual taxes for 112 38ave?

Annual taxes for this multi-family home are estimated at $1,120.

How does 112 38ave compare to other multi-family homes in North Corona?

This multi-family home is listed 71% above the average price for multi-family homes in North Corona and has been on the market for 109 less days than the typical home in this area.

112 38ave is a 16-bedroom, 9-bath multi-family home for sale in Corona NY 11368. Listed on Prevu for 0 days at $2,680,000. This home is located in North Corona. The median listing price for multi-family homes in this area is $750,000. Nearby schools include Ps 143 Louis Armstrong Elementary School, Corona Arts And Sciences Academy Middle School, and High School For Arts & Business. The home offers parking. View other multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.