$1,788,000
$212K PRICE DROP

Estimated payment $9,789/month

Total Views 1,273
11 Beds
7 Baths
4,480 Sq Ft
$399 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • 1 Car Garage
  • Heating System Uses Natural Gas

About This Home

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!

Listing Agent

Lei Qiu

Chase Global Realty Corp Brokerage Phone: 718-355-8788 License #10401379330 Listed on: 02/25/2026

Chase Global Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2004

Lot Details

  • 2,217 Sq Ft Lot
  • Lot Dimensions are 22.17 x 100

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Main Floor Bedroom
  • 7 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ps 143 Louis Armstrong Elementary School
  • Is 61 Leonardo Da Vinci Middle School
  • Voyages Preparatory High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 27 / 1771
  • Assessor Parcel Number 01771-0027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 2004

Lot Details

2,217 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 2004
  • Attribution Contact: 718-355-8788
  • Carport Y N: No
  • CurrentPrice: 1788000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.89400
  • CurrentPrice_By_BuildingAreaTotal: 399.10714
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Full Bathrooms: 7
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 11
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 61 Leonardo Da Vinci

Lot Info

  • Lot Dimensions: 22.17 x 100
  • Lot Size Sq Ft: 2217
  • Parcel Number: 01771-0027
  • Property Attached: No

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 1800
  • Tax Block: 1771
  • Tax Lot: 27
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 143 Louis Armstrong
  • High School: Voyages Preparatory
  • Middle School District: Queens24

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 Price Changed $1,788,000 -10.6% $399 / Sq Ft
02/25/2026 02/25/26 For Sale $1,999,999 -- $446 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 965014

OneKey® MLS
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