104-37 37th Rd Flushing, NY 11368
Corona NeighborhoodEstimated payment $9,968/month
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
Chase Global Realty Corp Brokerage Phone: 718-355-8788 License #10401379330 Listed on: 02/25/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Price Changed | $1,788,000 | -5.3% | $399 / Sq Ft |
| 06/26/2026 06/26/26 | Price Changed | $1,888,000 | +5.6% | $421 / 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
MLS Number: 965014
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Ask me questions while you tour the home.