Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of building area and strong, stable rental income.
The property consists of 4 residential units:
• 1 Two-Bedroom / 1 Bath unit
• 3 Three-Bedroom / 2 Bath units
Additionally, the basement is fully finished.
Total rental income exceeds $10,000 per month. All tenants are long-term, stable, and well-qualified.
Property comes with 6 years remaining on tax abatement, significantly reducing carrying costs. Tenants pay their own electricity and gas; landlord is responsible for water and property tax only, keeping operating expenses low.
Conveniently located just 5 minutes’ walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities.
This is a turnkey investment — sold with all tenants in place (package deal, as-is). No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation.
A rare high-income producing 4-family opportunity in Corona — don’t miss it!
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Basement
Finished
Full
Walk-Out Access
Heating Information
Electric
Natural Gas
Parking
Driveway
Garage
Cooling Information
Wall/Window Unit(s)
Water Features
Public
School Information
School Information for 104-37 37th Road, Corona, NY 11368
Elementary School
Ps 143 Louis Armstrong
Middle School
Is 61 Leonardo Da Vinci
High School
Voyages Preparatory
Listing Courtesy: Chase Global Realty Corp - 718-355-8788