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112-39 38ave, 
Corona, NY 11368

$2,680,000


16

Beds


9

Baths


6,424

Sq Ft


Multi-Family

Active

Listed by

Li H. Xu

eXp Realty

Last updated:

September 18, 2026, 11:33 AM

MLS#

1050891

Source:

OneKey MLS

About This Home

112-39 38ave

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 by 215 &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.

Home Facts

Multi-Family

9 Baths

16 Bedrooms

Built in 2006

Price Summary

2,680,000

$417 per Sq. Ft.

MLS #:

1050891

Last Updated:

September 18, 2026, 11:33 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

9

Full Bathrooms:

9


Structure

Structure

Building Area:

6,424 Sq. Ft.

Year Built:

2006


Finances & Disclosures

Finances

Price:

$2,680,000

Price per Sq. Ft:

$417 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.