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$4,100,000

  • Sold
  • Closed
  • Single Family
  • 28 Beds
  • 22 Full Baths
See This Home
Save This Home
See This Home
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Prime Elmhurst Investment Opportunity - 7.5 Cap Rate! -NOI 316,113 -Built in 2009: -Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings -15 total apartments, 6 one beds / 5 two beds / 4 three beds - 54 total rooms / 28 total bedrooms - 7.5 cap rate in the heart of Corona, Queens -benefits from 421a tax abatements / RET 1,237 month -Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively Fully occupied, the property features separately metered electric and gas.Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity. Do not miss out on this rare find- contact us today!

Full Property Details for 10436-10438 38th Ave

General

  • Sold For: $4,100,000
  • Taxes: $14,856
  • Status: Closed
  • Type: Single Family
  • Source: REBNY
  • MLS ID: RLS20014681
  • Added to Site: 286 day(s) ago

Interior

  • Number of Rooms: 54
  • Interior Features: Smoke Free

Rooms

Bathrooms

  • Total Bathrooms: 22
  • Full Bathrooms: 22

Bedrooms

  • Total Bedrooms: 28

Other Rooms

  • Laundry: In Unit

Exterior

  • Exterior Features: Private Outdoor Space Over 60 Sqft

Location

  • County: Queens
  • Subdivision: Jackson Heights

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other

Structural Information

  • Structure Type: Townhouse
  • Basement Desc.: Other
  • Stories/Levels: 1
  • Other Struct. Feat.: Green Building

Lot Features

  • Property View: Other
  • Lot Dimensions: 0.0 x 0.0

Financial Considerations

  • Tax Amount: $14,856

Disclosures and Reports

  • Special Conditions: Standard
  • Block: 1824
  • Lot Number: 16

Listing Courtesy of Douglas Elliman Real Estate

Listing agent

— 10436-10438 38th Ave —

  • Douglas Elliman Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 10436-10438 38th Ave

Date
Details
Price
Change
Source
10/02/2025
Price Reduced
$4,100,000
—
MLS
9/30/2025
Sold
$4,100,000
-5.75%
MLS
5/29/2025
Price Increased
$4,350,000
1.16%
MLS
5/22/2025
Price Increased
$4,300,000
2.38%
MLS
5/13/2025
Price Reduced
$4,200,000
-2.33%
MLS
4/24/2025
Price Increased
$4,300,000
82.98%
MLS
4/07/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listing Courtesy of Douglas Elliman Real Estate

10436-10438 38th Avenue, New York City, NY 11368 (MLS# RLS20014681) is a Single Family property that was sold at $4,100,000 on September 30, 2025. Want to learn more about 10436-10438 38th Avenue? Do you have questions about finding other Single Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.