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$1,725,000 Just Listed
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Property Description
Located in Corona, Queens, 40-54 97th Street is a three-story multifamily property featuring four currently occupied apartments, with all tenants up to date on rent payments.The building also features an updated heating system. Conveniently located near public transportation, shopping, dining, and neighborhood amenities, this property presents an opportunity to own an income-producing property in Queens. Property is being sold as-is.
Full Property Details
Full Property Details for 40-54 97th St
General
- Price: $1,725,000
- Taxes: $32,496
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1065550
- Updated: 10/31/2026
- Added to Site: 3 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Building Size: 3360
- Square Feet: 3,360
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.0463
- Lot Size (Sq. Ft.): 2,016
- Zoning: R6B
Financial Considerations
- Tax Amount: $32,496
Disclosures and Reports
- Special Conditions: None
- Property ID: 01605-0028
Listed by Douglas Elliman Real Estate
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Schools
Schools serving 40-54 97th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 19 Marino Jeantet 98-02 Roosevelt Ave, Queens, NY 11368 | K-5 | 0.1 mi |
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.5 mi |
John Bowne High School 63-25 Main St, Queens, NY 11367 | 9-12 | 2.4 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 40-54 97th St
Date
Details
Price
Change
Source
10/29/2026
Listed
$1,725,000
—
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 40-54 97th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,642
—
$261,242
3%
2025
$31,642
8%
$253,138
-22%
2024
$29,303
8%
$322,650
49%
2023
$27,133
10%
$217,027
-29%
2022
$24,651
—
$307,800
4%
2021
$24,651
1%
$294,750
-9%
2020
$24,288
8%
$323,550
—
2019
$22,489
14%
$324,540
94%
2017
$19,661
—
$166,944
8%
2017
$19,661
-1%
$154,581
—
2016
$19,929
3%
$154,581
3%
2015
$19,297
8%
$149,786
8%
2015
$17,829
12%
$138,691
8%
2013
$15,973
—
$128,419
—
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 40-54 97th St
40-54 97th Street, Corona, NY 11368 (MLS# 1065550) is a Commercial property. 40-54 97th Street is currently listed for $1,725,000 and was received on October 29, 2026. Want to learn more about 40-54 97th 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.

