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$3,780,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Car Garage
  • Updated 1 day ago
See This Home
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Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

Full Property Details for 98-07 37th Ave

General

  • Price: $3,780,000
  • Taxes: $17,310
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 1032789
  • Updated: 7/31/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: High Ceilings, Open Kitchen, Other, Washer/Dryer Hookup

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Detached, Garage

Location

  • County: Queens
  • Driving Directions: Google Maps

School Information

  • High School District: Queens24
  • Elementary School: Ps 19 Marino Jeantet
  • Middle School: Is 61 Leonardo Da Vinci
  • High School: Newtown High School

Heating & Cooling

  • Cooling Type: Electric, Multi Units
  • Heating Type: Electric, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full Basement, Storage Space
  • Building Size: 3600
  • Square Feet: 3,600
  • Year Built: 1930

Financial Considerations

  • Tax Amount: $17,310

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 01739-0033

Listed by New Group Realty Inc

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Listing agents

— 98-07 37th Ave —

  • New Group Realty Inc

  • New Group Realty Inc

718-255-9100

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 98-07 37th Ave

School District:New York City Geographic School District 24
NameGradesDistance
Ps 19 Marino Jeantet
98-02 Roosevelt Ave, Queens, NY 11368
K-50.3 mi
Corona Arts And Sciences Academy
98-11 44th Ave, Queens, NY 11368
6-80.5 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 98-07 37th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/30/2026
Listed
$3,780,000
208.57%
MLS
12/17/2024
Sold
$1,225,000
—
Public Record
Get Price Alerts and Save Property
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 for 98-07 37th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,110
—
$139,160
8%
2024
$16,112
—
$128,879
-65%
2024
$16,112
3%
$370,440
197%
2023
$15,603
10%
$124,804
-68%
2022
$14,178
8%
$385,650
4%
2021
$13,131
6%
$372,150
-9%
2020
$12,365
—
$406,800
10%
2019
$12,365
9%
$369,900
285%
2017
$11,308
—
$96,003
8%
2017
$11,308
7%
$88,905
8%
2016
$10,616
8%
$82,343
8%
2015
$9,825
1%
$76,260
—
2014
$9,694
6%
$76,260
3%
2013
$9,187
—
$73,849
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by New Group Realty Inc

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9807 37th Avenue, Corona, NY 11368 (MLS# 1032789) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 9807 37th Avenue is currently listed for $3,780,000 and was received on July 30, 2026. Want to learn more about 9807 37th 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.

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