Located on Corona Avenue in the heart of Corona, this well-maintained and income-producing three-family property offers an excellent investment opportunity. The building features three stories plus a full basement, with a solid layout and strong rental income.
Each residential floor includes three bedrooms and two full bathrooms, with spacious, well-proportioned layouts that are highly desirable and easy to rent. The basement has a separate entrance and provides direct access to both the backyard and the front of the building, offering flexibility for future use.
The property is currently fully rented with good, stable tenants. The entire building was fully renovated in 2020, including new electrical wiring, new plumbing, and a new boiler. Tenants pay their own gas and electricity, helping to keep operating expenses low. Annual property taxes are $12,213.
Zoned R6B, the property also offers future expansion or development potential, adding long-term value. Transportation is extremely convenient, with the 7 train just a short walk away and the Q58 bus directly in front of the property, providing easy access to Flushing. The surrounding neighborhood offers abundant shopping, dining, and everyday conveniences.
Listed by Qiu Yan Li
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E Realty International Corp
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718-886-8110
Last updated January 20, 2026
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Source: OneKey #953203
Listing Facts
TypeMulti-family
NeighborhoodSouth Corona
Bedrooms9
Bathrooms6
Days on Prevu11
Taxes$12,212.8/year
Location
Mortgage Calculator
Listing History
01/19/2026
Listed by E Realty International Corp
$1,880,000
Estimated Closing Costs
Total
$65,712
Attorney Fees
$4,000
NYC Mansion Tax
$18,800
Title Insurance
$8,460
Bank Attorney
$1,500
Mortgage Recording Tax
$28,952
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,880,000 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 99-01 Corona Avenue
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Year Built: 1915
Construction Materials: Aluminum Siding, Brick
Features
Fencing: Back Yard, Fenced, Perimeter
Measurements
Building Area Total: 2,854
Building Area Units: Square Feet
Lot Features: Back Yard, Near Public Transit, Near School, Near Shops, Private, Subdivided
Lot Size Acres: 0.04
Lot Size Dimensions: 2,585
Lot Size Square Feet: 2,146
Financial
Taxes
Parcel Number: 01629-0117
Tax Annual Amount: $12,212.80
Tax Year: 2025
Interior
Features
Interior Features: Granite Counters, Marble Counters, Open Floorplan, Open Kitchen
Rooms
Basement: Finished, Full, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 9
Other
Location
Tax Block: 1629
Tax Lot: 117
Schools
Elementary School
Elementary School: Ps 19 Marino Jeantet
Elementary School District: Queens 24
High School
High School: Voyages Preparatory
High School District: Queens24
Middle or Junior School
Middle Or Junior School: Is 61 Leonardo Da Vinci
Middle Or Junior School District: Queens24
Utilities
Equipment
Heating: Baseboard, Electric, Hot Water, Natural Gas, Steam
Sewer: Public Sewer, Shared
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 9 bedrooms and 6 bathrooms in this multi-family home at 99-01 Corona Avenue.
What schools are nearby to 99-01 Corona Avenue?
Nearby schools include the Ps 19 Marino Jeantet Elementary School, Is 61 Leonardo Da Vinci Middle School, and Voyages Preparatory High School.
What are the annual taxes for 99-01 Corona Avenue?
Annual taxes for this multi-family home are estimated at $12,212.
How does 99-01 Corona Avenue compare to other multi-family homes in South Corona?
This multi-family home is listed 17% above the average price for multi-family homes in South Corona and has been on the market for 77 less days than the typical home in this area.
99-01 Corona Avenue is a 9-bedroom, 6-bath multi-family home for sale in Corona NY 11368. Available on Prevu for 11 days at $1,880,000. This residence is located in South Corona. The median listing price for multi-family homes in this area is $988,000. Nearby schools include Ps 19 Marino Jeantet Elementary School, Is 61 Leonardo Da Vinci Middle School, and Voyages Preparatory High School. View other multi-family home listings in Queens.
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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.