Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of total building area, with each floor approximately 1,120 SF, and strong, stable rental income.
The property consists of 4 residential units:
• 1 Two-Bedroom / 1 Bath unit
• 3 Three-Bedroom / 2 Bath units
Additionally, the basement is fully finished.
Total rental income is $11,200/month, approximately $134,400/year. All tenants are long-term, stable, and well-qualified.
Property comes with 5 years remaining on tax abatement, significantly reducing carrying costs. Current property tax is $150/month, or $1,800/year. Water expense is $1,350 every 3 months, and garbage expense is $200/month. Tenants pay their own electricity and gas; landlord is responsible for water, property tax, and garbage only, keeping operating expenses low.
Conveniently located just 5 minutes’ walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities.
This is a turnkey investment — sold with all tenants in place as a package deal, as-is. No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation.
A rare high-income-producing 4-family opportunity in Corona — don’t miss it!
For sale
Price cut: $212K (5/22)
$1,788,000
104-37 37th Road, Corona, NY 11368
11beds
4,480sqft
Quadruplex, Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$399/sqft
$-- HOA
What's special
- 93 days |
- 208 |
- 7 |
Zillow last checked:
Listing updated:
Listing by:
Chase Global Realty Corp 718-355-8788,
Lei Qiu 646-853-3095
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 965014
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Electric, Natural Gas
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom
- Basement: Finished,Full,Walk-Out Access
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 2,217 Square Feet
- Dimensions: 22.17 x 100
Details
- Parcel number: 017710027
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Corona
Financial & listing details
- Price per square foot: $399/sqft
- Annual tax amount: $1,800
- Date on market: 2/25/2026
- Cumulative days on market: 89 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Price change | $1,788,000-10.6%$399/sqft |
Source: | ||
| 2/25/2026 | Listed for sale | $1,999,999$446/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Corona
Nearby schools
GreatSchools rating
- 3/10Ps 143 Louis ArmstrongGrades: PK-5Distance: 0.3 mi
- 4/10Is 61 Leonardo Da VinciGrades: 6-8Distance: 0.8 mi
- 4/10Civic Leadership AcademyGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Ps 143 Louis Armstrong
- Middle: Is 61 Leonardo Da Vinci
- High: Voyages Preparatory
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Queens County
- New York
- 11368
- Queens
- North Corona
- 104-37 37th Road




