NOT LISTED FOR SALE

104-14 37th Ave Corona, NY 11368

Corona Neighborhood

Estimated Value: $1,252,436

9 Beds
3.5 Baths
4,539 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $1,194,000 $263 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,892/month

137 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Heating System Uses Steam

About This Home

As of May 2024

This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.5%. The building features a three-family layout with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer and investor.

Last Agent to Sell the Property

Nora Avalos

NY Superior Realty Brokerage Phone: 718-205-7770 License #31AV1117039 Listed on: 10/13/2023

Last Buyer's Agent

Nora Avalos

NY Superior Realty Brokerage Phone: 718-205-7770 License #31AV1117039 Listed on: 10/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,300

Year Built

  • Built in 1931

Lot Details

  • 3,044 Sq Ft Lot
  • Lot Dimensions are 25x121.75
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,539 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom

Location

  • Property is near public transit

Schools

  • Is 61 Leonardo Da Vinci Middle School
  • Newtown High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 1771
  • Assessor Parcel Number 01771-0006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,300

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Store+Dwell
  • Property SubType: Multi Family
  • Year Built: 1931
  • New Construction: No
  • Attribution Contact: 718-205-7770
  • BuildingSize: 25' X 55'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Unfinished
  • Inclusions: Refrigerator
  • Total Bedrooms: 9
  • Living Area: 4539
  • SquareFootage: 4539.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks
  • NumberOfHeatingZones: 1
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 25x121.75
  • Lot Size Sq Ft: 3044
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01771-0006
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 13300
  • Tax Block: 1771
  • Tax Lot: 6
  • Tax Map Number: 01771-0006
  • IncludedInTaxes: Trash

MLS Schools

  • High School: Newtown High School
  • Middle School District: Queens 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
May 2, 2024
Sold by
Vanegas Holdings Corporation
Bought by
Fkh Corona Llc
Seller's Agent
Nora Avalos
NY Superior Realty
Buyer's Agent
Nora Avalos
NY Superior Realty
List Price
$1,548,000
Sold Price
$1,194,000
Premium/Discount to List
-$354,000
-22.87%
Views
139
Current Estimated Value
$1,252,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,436
Avg. Annual Appreciation
2.02%
Original Mortgage
$444,000
Outstanding Balance
$438,080
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$789,115

Purchase Details

Closed on
Aug 19, 2021
Sold by
Estate Of Jose Luis Vanegas and Jose Javier Vanegas Executor
Bought by
Vanegas Holdings Corporation
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fkh Corona Llc $1,194,000 --
Fkh Corona Llc $1,194,000 --
Vanegas Holdings Corporation -- --
Vanegas Holdings Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Corona Llc $444,000
Closed Fkh Corona Llc $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $1,194,000 -19.2% $263 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $1,478,000 -4.5% $326 / Sq Ft
10/13/2023 10/13/23 For Sale $1,548,000 -- $341 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,638 $126,433 $43,986 $82,447
2024 $14,638 $117,083 $48,863 $68,220
2023 $13,555 $108,423 $47,752 $60,671
2022 $13,266 $428,850 $186,300 $242,550
2021 $12,315 $399,600 $186,300 $213,300
2020 $12,056 $438,300 $186,300 $252,000
2019 $1,245 $398,250 $186,300 $211,950
2018 $10,608 $83,402 $39,779 $43,623
2017 $10,608 $83,402 $46,347 $37,055
2016 $9,956 $83,402 $46,347 $37,055
2015 $6,464 $74,812 $38,619 $36,193
2014 $6,464 $69,280 $42,056 $27,224
Source: Public Records

Agents Affiliated with this Home

  • Nora Avalos

    Seller's Agent in 2024

    Nora Avalos

    NY Superior Realty

    (646) 315-6264

    5 in this area

    92 Total Sales

    Nora Avalos
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Map

Source: OneKey® MLS

MLS Number: KEY3510434

OneKey® MLS

APN: 01771-0006

New York Queens County Corona 11368 Corona

104-14 37th Ave, Corona, NY

This home is located at 104-14 37th Ave, Corona, NY 11368 since 13 October 2023 and is currently estimated at $1,252,436, approximately $275 per square foot. This property was built in 1931. 104-14 37th Ave is a home located in Queens County with nearby schools including P.S. 143 Louis Armstrong, Is 61 Leonardo Da Vinci, and Flushing High School.

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