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$2,450,000
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Property Description
Well-maintained 6-family residential building located in Corona, approximately one block from the 7 Train. The property offers approximately 5,515 ft of building area situated on a 3,688 sq ft lot 20.50x125 , with building dimensions of approximately 20.50x68.38. Features include a fully finished basement, front and rear balconies, backyard, and three parking spaces. The building is equipped with 6 gas meters and 7 electric meters. The property is currently fully occupied with a residential rent roll of approximately $13,670 per month. In addition, the property currently generates additional income from basement and ancillary space. Annual property taxes are currently approximately $11,653. Conveniently located near transportation, shopping, and neighborhood amenities. All information deemed reliable but not guaranteed. Buyers should independently verify all information.
Full Property Details
Full Property Details for 38-11 111th St
General
- Price: $2,450,000
- Taxes: $11,653
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 993203
- Updated: 9/15/2026
- Added to Site: 173 day(s) ago
Interior
- Flooring: Hardwood
Parking
- Total Spaces: 3
- Parking Features: Other
Location
- County: Queens
- Cross Streets: 38th Avenue
School Information
- High School District: Queens24
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 5515
- Square Feet: 5,515
- Year Built: 2004
Lot Features
- Lot Size (Sq. Ft.): 3,688
- Zoning: R5
Financial Considerations
- Tax Amount: $11,653
Disclosures and Reports
- Special Conditions: None
- Property ID: 01783-0007
- Block: 1783
- Lot Number: 7
Listed by City Advance Realty Inc
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Schools
Schools serving 38-11 111th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 143 Louis Armstrong 34-74 113th St, Queens, NY 11368 | K-2 | 0.2 mi |
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38-11 111th St
Date
Details
Price
Change
Source
9/15/2026
Price Reduced
$2,450,000
-3.92%
MLS
4/30/2026
Listed
$2,550,000
45.71%
MLS
4/11/2016
Sold
$1,750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38-11 111th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,385
—
$424,103
-3%
2025
$1,385
—
$436,500
20%
2024
$1,385
—
$363,600
5%
2023
$1,385
2%
$344,700
-8%
2022
$1,359
—
$373,950
-15%
2021
$1,359
-2%
$440,100
-9%
2020
$1,382
—
$483,750
4%
2019
$1,382
-2%
$466,650
11%
2017
$1,409
—
$421,362
8%
2017
$1,409
-1%
$390,150
6%
2016
$1,429
—
$367,200
-5%
2015
$1,428
-2%
$384,766
8%
2014
$1,457
-2%
$356,265
—
2013
$1,488
—
$356,265
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38-11 111th St
38-11 111th Street, Corona, NY 11368 (MLS# 993203) is a Commercial property. 38-11 111th Street is currently listed for $2,450,000 and was received on April 30, 2026. Want to learn more about 38-11 111th Street? Do you have questions about finding other Commercial real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

