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$2,550,000 Just Listed
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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, 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 $13,370 per month. In addition, the property currently generates additional income from basement and ancillary space. Annual property taxes are currently approximately $1,380, with a tax abatement in place (buyer to verify remaining term). 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: $2,550,000
- Taxes: $1,380
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 993203
- Updated: 4/30/2026
- Added to Site: 1 day(s) ago
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
- Building Size: 5515
- Square Feet: 5,515
- Year Built: 2004
Lot Features
- Lot Size (Sq. Ft.): 3,688
- Zoning: R5
Financial Considerations
- Tax Amount: $1,380
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
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
—
$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 $2,550,000 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.

