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$1,699,999 Sale Pending
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Property Description
Turnkey 2-Family Investment Property in Corona, Queens - 8 Bedrooms, 4 Baths, Garage, & Renovated Interiors Welcome to this spacious and income-producing 2-family home nestled in the heart of Corona, Queens-one of New York City's most dynamic and fast-growing neighborhoods. With 8 bedrooms and 4 full bathrooms, this property is perfect for investors, extended families, or owner-occupants seeking additional rental income. The second-floor unit has been recently renovated, boasting a sleek, modern kitchen with updated cabinetry and appliances, along with fully remodeled bathrooms designed for contemporary living. The first-floor kitchen is like new and offers easy access to a private terrace, providing the perfect spot to enjoy a morning coffee or take in a breath of fresh air. A standout feature is the full basement with high ceilings and a three-piece bathroom, offering exceptional flexibility for a recreation room, additional storage, or potential future conversion (subject to local zoning and approvals). Parking is never an issue with the rarely available large two-car garage, offering secure, private parking in a city where it's often in short supply. Ideally located near local shops, restaurants, parks, and highly rated schools-with convenient access to public transit (buses and subways)-Step outside and catch the 58 bus to Flushing Main Street or just three blocks to 7 train. Whether you're expanding your investment portfolio or searching for a move-in-ready home with income potential, this is a rare opportunity not to be missed.
Full Property Details
Full Property Details for 98-02 Corona Ave.
General
- Price: $1,699,999
- Taxes: $9,911
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 889701
- Updated: 11/1/2025
- Added to Site: 171 day(s) ago
Interior
- Interior Features: Other
- Laundry Facilities: Yes
- Flooring: Ceramic Tile, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Basement, In Unit
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
Location
- County: Queens
- Cross Streets: 98th St
- Driving Directions: LIE Exit 108th St Right on Corona Ave, Left on 98th St
School Information
- Elementary School: Ps 13 Clement C Moore
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Steam, Other
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3320
- Square Feet: 3,320
- Year Built: 1925
Lot Features
- Lot Dimensions: 21 x 98
Financial Considerations
- Tax Amount: $9,911
Disclosures and Reports
- Special Conditions: None
- Block: 1881
- Lot Number: 1
Listed by Laffey Real Estate
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Schools
Schools serving 98-02 Corona Ave.
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.2 mi |
John Bowne High School 63-25 Main St, Queens, NY 11367 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 98-02 Corona Ave.
Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$1,699,999
-3.3%
MLS
7/30/2025
Listed
$1,758,000
—
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 98-02 Corona Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,420
-52%
$52,169
-23%
2024
$9,153
122%
$67,860
40%
2023
$4,114
4%
$48,569
-21%
2022
$3,968
-5%
$61,140
—
2021
$4,175
-53%
$61,080
-3%
2020
$8,906
6%
$62,880
-9%
2019
$8,413
11%
$69,240
71%
2017
$7,578
—
$40,474
5%
2017
$7,578
3%
$38,646
1%
2016
$7,344
8%
$38,287
6%
2015
$6,775
112%
$36,228
6%
2014
$3,191
-43%
$34,287
2%
2013
$5,570
—
$33,729
—
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 98-02 Corona Ave.
98-02 Corona Avenue, Corona, NY 11368 (MLS# 889701) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 98-02 Corona Avenue is currently listed for $1,699,999 and was received on July 30, 2025. Want to learn more about 98-02 Corona Avenue? Do you have questions about finding other Multi-Family real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

