5,184 sqft

$2,390,000

38-19 99th Street, Corona NY, 11368

Price per sqft$461.03

Built in2005

Property size5,184 sqft

Property typeCommercial

Courtesy of Lin Pan Realty Group LLC, Qian Huang Listing Contact: 646-785-1699

Overview

Active

Listed Apr 17, 2026

Updated Aug 21

Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.

Additional information

MLS^® ID: 986275

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $6,098
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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