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$1,880,000
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Property Description
Located on Corona Avenue in the heart of Corona, this well-maintained and income-producing three-family property offers an excellent investment opportunity. The building features three stories plus a full basement, with a solid layout and strong rental income. Each residential floor includes three bedrooms and two full bathrooms, with spacious, well-proportioned layouts that are highly desirable and easy to rent. The basement has a separate entrance and provides direct access to both the backyard and the front of the building, offering flexibility for future use. The property is currently fully rented with good, stable tenants. The entire building was fully renovated in 2020, including new electrical wiring, new plumbing, and a new boiler. Tenants pay their own gas and electricity, helping to keep operating expenses low. Annual property taxes are $12,213. Zoned R6B, the property also offers future expansion or development potential, adding long-term value. Transportation is extremely convenient, with the 7 train just a short walk away and the Q58 bus directly in front of the property, providing easy access to Flushing. The surrounding neighborhood offers abundant shopping, dining, and everyday conveniences.
Full Property Details
Full Property Details for 99-01 Corona Ave.
General
- Price: $1,880,000
- Taxes: $12,212
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 953203
- Updated: 1/19/2026
- Added to Site: 64 day(s) ago
Interior
- Interior Features: Granite Counters, Marble Counters, Open Floorplan, Open Kitchen
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: None
Location
- County: Queens
School Information
- High School District: Queens24
- Elementary School: Ps 19 Marino Jeantet
- Middle School: Is 61 Leonardo Da Vinci
- High School: Voyages Preparatory
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Hot Water, Natural Gas, Steam
Utilities
- Sewer: Public Sewer, Shared
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Building Size: 2854
- Square Feet: 2,854
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.0493
- Lot Size (Sq. Ft.): 2,146
- Lot Dimensions: 25 x 85.85
- Fence: Yes
- Lot Features: Back Yard, Near Public Transit, Near School, Near Shops, Private, Subdivided
- Fencing (Description): Back Yard, Fenced, Perimeter
Financial Considerations
- Tax Amount: $12,212.8
- Tenant Pays: Electricity, Gas, Heat, See Remarks
Disclosures and Reports
- Special Conditions: None
- Property ID: 01629-0117
- Block: 1629
- Lot Number: 117
Listed by E Realty International Corp
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Schools
Schools serving 99-01 Corona Ave.
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 | 0.3 mi |
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 | 2.1 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 99-01 Corona Ave.
Date
Details
Price
Change
Source
1/19/2026
Listed
$1,880,000
108.89%
MLS
1/09/2019
Sold
$900,000
—
Public Record
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 99-01 Corona Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,362
5%
$61,547
-18%
2024
$11,786
—
$75,240
28%
2023
$11,786
—
$58,681
-30%
2022
$11,844
1%
$83,700
6%
2021
$11,709
31%
$79,080
15%
2020
$8,932
6%
$69,060
17%
2019
$8,427
5%
$59,160
49%
2017
$8,054
—
$39,812
1%
2017
$8,054
8%
$39,512
6%
2016
$7,452
8%
$37,276
6%
2015
$6,877
8%
$35,167
6%
2015
$6,356
11%
$33,177
—
2013
$5,701
—
$33,177
—
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 99-01 Corona Ave.
99-01 Corona Avenue, Corona, NY 11368 (MLS# 953203) is a Multi-Family property with 3 units containing 9 bedrooms and 6 full bathrooms. 99-01 Corona Avenue is currently listed for $1,880,000 and was received on January 19, 2026. Want to learn more about 99-01 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.

