This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
$3,490,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Property Description
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.2% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.
Full Property Details
Full Property Details for 5626 & 5628 Van Cleef St
General
- Price: $3,490,000
- Taxes: $6,900
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 976317
- Updated: Today (4/2/2026)
- Added to Site: Today
Parking
- Parking Features: Open
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 11920
- Square Feet: 11,920
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.0617
- Lot Size (Sq. Ft.): 2,689
- Zoning: R6B
Financial Considerations
- Tax Amount: $6,900
Disclosures and Reports
- Special Conditions: None
- Property ID: 01967-0012
Listed by Lin Pan Realty Group LLC
Get Pre-Approved Today
Schools
Schools serving 5626 & 5628 Van Cleef St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 14 Fairview 107-01 Otis Ave, Queens, NY 11368 | K-2 | 0.1 mi |
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.6 mi |
John Bowne High School 63-25 Main St, Queens, NY 11367 | 9-12 | 1.4 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 5626 & 5628 Van Cleef St
Date
Details
Price
Change
Source
4/02/2026
Listed
$3,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5626 & 5628 Van Cleef St
5626 & 5628 Van Cleef Street, Corona, NY 11368 (MLS# 976317) is a Commercial property. 5626 & 5628 Van Cleef Street is currently listed for $3,490,000 and was received on April 02, 2026. Want to learn more about 5626 & 5628 Van Cleef 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.

