NOT LISTED FOR SALE

10436 38th Ave Flushing, NY 11368

Corona Neighborhood
28 Beds
22 Baths
-- Sq Ft
-- Built

Last Sold September 30, 2025

Last sale price $4,100,000

77 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • 4-minute walk to 103 Street-Corona Plaza

About This Home

As of September 2025

Prime Elmhurst Investment Opportunity - 7.5 Cap Rate!

-NOI 316,113

-Built in 2009:

-Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings

-15 total apartments, 6 one beds / 5 two beds / 4 three beds

- 54 total rooms / 28 total bedrooms

- 7.5 cap rate in the heart of Corona, Queens

-benefits from 421a tax abatements / RET 1,237 month

-Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively

Fully occupied, the property features separately metered electric and gas.Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity.

Do not miss out on this rare find- contact us today!

Last Agent to Sell the Property

Bruce Friedberg

Douglas Elliman Real Estate License #10301221448 Listed on: 04/07/2025

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,856

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 22 Full Bathrooms

Utilities

  • Cooling Available

Community Details

  • Jackson Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,856

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Jackson Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 22
  • Bathrooms Integer: 22
  • Bedrooms: 28

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.0x0.0

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 1

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016
  • Tax Annual: 14856.0

Multi Family

  • Building Area Units: Square Feet

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Price Changed $4,100,000 0.0% --
09/30/2025 09/30/25 Sold $4,100,000 -5.7% --
06/23/2025 06/23/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $4,350,000 +1.2% --
05/22/2025 05/22/25 Price Changed $4,300,000 +2.4% --
05/13/2025 05/13/25 Price Changed $4,200,000 -2.3% --
04/24/2025 04/24/25 Price Changed $4,300,000 +83.0% --
04/07/2025 04/07/25 For Sale $2,350,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bruce Friedberg

    Seller's Agent in 2025

    Bruce Friedberg

    Douglas Elliman Real Estate

    (914) 661-6005

    1 in this area

    4 Total Sales

    Bruce Friedberg
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20014681

Real Estate Board of New York (REBNY)

APN: 01775-0012

New York Queens County Flushing 11368 Corona

10436 38th Ave, Flushing, NY

Not Listed for Sale

Detached

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