Welcome to this spacious and income-producing 2-family home nestled in the heart of Corona, Queens—one of New York City’s most dynamic and fast-growing neighborhoods. With 8 bedrooms and 4 full bathrooms, this property is perfect for investors, extended families, or owner-occupants seeking additional rental income.
The second-floor unit has been recently renovated, boasting a sleek, modern kitchen with updated cabinetry and appliances, along with fully remodeled bathrooms designed for contemporary living.
The first-floor kitchen is like new and offers easy access to a private terrace, providing the perfect spot to enjoy a morning coffee or take in a breath of fresh air.
A standout feature is the full basement with high ceilings and a three-piece bathroom, offering exceptional flexibility for a recreation room, additional storage, or potential future conversion (subject to local zoning and approvals).
Parking is never an issue with the rarely available large two-car garage, offering secure, private parking in a city where it's often in short supply.
Ideally located near local shops, restaurants, parks, and highly rated schools—with convenient access to public transit (buses and subways)—Step outside and catch the 58 bus to Flushing Main Street or just three blocks to 7 train.
Whether you're expanding your investment portfolio or searching for a move-in-ready home with income potential, this is a rare opportunity not to be missed.
Listed by Rita O Leary CBR
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LAFFEY REAL ESTATE
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516-883-7780
Last updated September 28, 2025
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Source: OneKey #889701
Listing Facts
TypeMulti-family
NeighborhoodSouth Corona
Bedrooms8
Bathrooms4
Days on Prevu86
Taxes$9,911/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/15/2025
Price Decreased
$1,699,999
07/30/2025
Status changed to Active
$1,758,000
07/30/2025
Listed by LAFFEY REAL ESTATE
$1,758,000
Estimated Closing Costs
Total
$60,328
Attorney Fees
$4,000
NYC Mansion Tax
$16,999
Title Insurance
$7,650
Bank Attorney
$1,500
Mortgage Recording Tax
$26,179
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,699,999 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 98-02 Corona Avenue
Exterior
Construction
Number Of Units Total: 2
Property Condition: Actual
Year Built: 1925
Architectural Style: Other
Construction Materials: Frame
Measurements
Building Area Total: 3,320
Building Area Units: Square Feet
Lot Size Dimensions: 2,198
Financial
Taxes
Tax Annual Amount: $9,911.00
Tax Year: 2025
Interior
Features
Flooring: Ceramic Tile, Hardwood, Laminate
Interior Features: Other
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 8
Other
Location
Tax Block: 01881
Tax Lot: 00001
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Total: 2
Schools
Elementary School
Elementary School: Ps 13 Clement C Moore
Elementary School District: Queens 24
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Steam, Other
Laundry Features: In Basement, In Unit
Sewer: Public Sewer
Water Source: Public
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