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$2,390,000 Just Listed
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Property Description
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
Full Property Details
Full Property Details for 38-19 99th St
General
- Price: $2,390,000
- Taxes: $6,098
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 986275
- Updated: 4/17/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: None
Location
- County: Queens
School Information
- High School District: Queens24
- Elementary School: Contact Agent
- Middle School: Is 61 Leonardo Da Vinci
- High School: Newtown High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 5184
- Square Feet: 5,184
- Year Built: 2005
Lot Features
- Lot Size (Sq. Ft.): 2,609
Financial Considerations
- Tax Amount: $6,098
Disclosures and Reports
- Special Conditions: None
- Property ID: 01765-0027
- Block: 1765
- Lot Number: 27
Listed by Lin Pan Realty Group LLC
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Schools
Schools serving 38-19 99th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Pioneer Academy 40-20 100th St, Queens, NY 11368 | K-5 | 0.1 mi |
Corona Arts And Sciences Academy 98-11 44th Ave, Queens, NY 11368 | 6-8 | 0.3 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 38-19 99th St
Date
Details
Price
Change
Source
4/17/2026
Listed
$2,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 38-19 99th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,158
3%
$365,625
-8%
2024
$6,003
6%
$398,700
22%
2023
$5,642
8%
$328,050
-4%
2022
$5,208
6%
$342,000
22%
2021
$4,904
-8%
$281,250
-9%
2020
$5,351
-9%
$307,800
-14%
2019
$5,865
7%
$357,120
7%
2017
$5,484
—
$334,565
8%
2017
$5,484
5%
$309,783
8%
2016
$5,233
6%
$286,837
8%
2015
$4,929
16%
$265,590
—
2014
$4,266
-10%
$265,590
3%
2013
$4,736
—
$257,358
—
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 38-19 99th St
38-19 99th Street, Corona, NY 11368 (MLS# 986275) is a Commercial property. 38-19 99th Street is currently listed for $2,390,000 and was received on April 17, 2026. Want to learn more about 38-19 99th 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.

