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9807 37TH Avenue

$3,780,000

Est. $20,262/mo

Corona, NY 11368 · Queens

Status
Active
On site
49 days

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About this home

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!

Listed with New Group Realty Inc · Xun Lin · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 6:08 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$20,261.79Total / mo

Estimated Monthly Payment

Principal & interest
$18,619.29 (91.9%)
Taxes
$1,442.50 (7.1%)
Insurance
$200.00 (1.0%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Corona, NY

Current Listings

New in the last 30 days

47

Sep 2026

Average Price

Active listings

$1,354,877

Sep 2026

Average Days on Market

Active listings

164 days

Sep 2026

Computed from 268 active OneKey MLS listings in Corona, NY.

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