Seller's Agent in 2025
Bruce Friedberg
Douglas Elliman Real Estate
(914) 661-6005
1 in this area
4 Total Sales
10436 38th Ave Flushing, NY 11368
Corona Neighborhood
28
Beds
22
Baths
--
Sq Ft
--
Built
Highlights
- Green Building
- 4-minute walk to 103 Street-Corona Plaza
- 1-Story Property
- Cooling Available
About This Home
As of September 2025Prime 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
Douglas Elliman Real Estate License #10301221448 Listed on: 04/07/2025
Last Buyer's Agent
Direct Deal Listing
Direct Deal License #A
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
Eco-Friendly Details
- Green Building
- Smoke Free Home
Utilities
- Cooling Available
Community Details
- Jackson Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0016 / 01824
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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 |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,766 | $94,318 | $19,619 | $74,699 |
| 2025 | $7,524 | $94,318 | $23,536 | $70,782 |
| 2024 | $7,524 | $91,391 | $27,357 | $64,034 |
| 2023 | $5,235 | $84,622 | $30,302 | $54,320 |
| 2022 | $3,227 | $322,200 | $121,500 | $200,700 |
| 2021 | $1,641 | $378,900 | $121,500 | $257,400 |
| 2020 | $1,669 | $378,900 | $121,500 | $257,400 |
| 2019 | $1,687 | $373,680 | $121,500 | $252,180 |
| 2018 | $1,701 | $65,094 | $16,932 | $48,162 |
| 2017 | $1,701 | $60,273 | $18,264 | $42,009 |
| 2016 | $1,725 | $60,273 | $18,264 | $42,009 |
| 2015 | $176 | $55,809 | $18,511 | $37,298 |
| 2014 | $176 | $54,078 | $21,535 | $32,543 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Friedberg
-
D
Buyer's Agent in 2025
Direct Deal Listing
Direct Deal
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20014681
APN: 01775-0012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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