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$1,699,000
Property Description
Prime mixed-use investment opportunity located on the busy 37th Avenue commercial corridor in Corona. This approximately 2,608 SF property, with a building dimension of approximately 19.5' × 68', consists of a ground-floor retail space currently occupied by a barber shop and two 2-bedroom residential apartments above. Situated on a 19.5' × 101' lot with R6B zoning and a C1-4 commercial overlay, the property offers stable in-place income, low annual real estate taxes, and excellent long-term investment potential. All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure. Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification. All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.
Full Property Details
Full Property Details for 99-12 37th Ave
General
- Price: $1,699,000
- Taxes: $7,649
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1020421
- Updated: 6/30/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: First Floor Full Bath
Rooms
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: On Street
Location
- County: Queens
- Cross Streets: 99th street
- Driving Directions: Google maps
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Storage Space
- Building Size: 2602
- Square Feet: 2,602
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.045
- Lot Size (Sq. Ft.): 1,961
Financial Considerations
- Tax Amount: $7,649.32
- Tenant Pays: All Utilities, Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: None
- Property ID: 01762-0006
Listed by B Square Realty
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Schools
Schools serving 99-12 37th 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 |
Corona Arts And Sciences Academy 98-11 44th Ave, Queens, NY 11368 | 6-8 | 0.5 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 99-12 37th Ave
Date
Details
Price
Change
Source
6/30/2026
Listed
$1,699,000
78.84%
MLS
5/14/2019
Sold
$950,000
—
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 99-12 37th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,838
—
$40,746
4%
2025
$7,838
6%
$39,025
-45%
2024
$7,394
6%
$71,400
106%
2023
$6,976
—
$34,733
-38%
2022
$7,001
-2%
$56,100
8%
2021
$7,146
4%
$51,780
-15%
2020
$6,884
6%
$60,780
-5%
2019
$6,494
7%
$63,960
121%
2018
$6,055
3%
$28,944
1%
2017
$5,856
4%
$28,728
2%
2016
$5,657
7%
$28,296
4%
2015
$5,299
14%
$27,101
6%
2014
$4,629
6%
$25,567
6%
2013
$4,358
—
$24,120
—
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 99-12 37th Ave
99-12 37th Avenue, Corona, NY 11368 (MLS# 1020421) is a Multi-Family property with 3 units containing 4 bedrooms and 0 full bathrooms. 99-12 37th Avenue is currently listed for $1,699,000 and was received on June 30, 2026. Want to learn more about 99-12 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.
