NOT LISTED FOR SALE

10436 38th Ave Flushing, NY 11368

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

Sale Details

Date Sold: September 30, 2025

Last sale price $4,100,000 $0 Per Sq Ft

77 Days on Market

Highlights

  • Green Building
  • 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

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

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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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,856

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Jackson Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2025-09-30", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-05-15T12:01:23.633-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "51", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1111419226, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "30349549", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1111419226", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": "", "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"0\",\n \"PercentOfCommonElements\": \"0.00\",\n \"FlipTax\": \"0.00\",\n \"LandmarkStatusYN\": \"0\",\n \"CapitalReservesYN\": \"0\",\n \"BuildingTaxLot\": \"0016\",\n \"BuildingSmokeFreeYN\": \"1\",\n \"PrivateOutdoorSpaceSize\": \"GreaterThan60SqFt\",\n \"ViewRemarks\": \" \",\n \"BuyerAgentRLSParticipantYN\": \"1\",\n \"SponsorUnitYN\": \"0\",\n \"CertificateOfOccupancyYN\": \"1\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"None\",\n \"ListingKey\": \"1111419226\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658911", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": "0.0x0.0", "PropertySubType": "Single Family Residence", "UnitLocation": "1", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corona, NY

  • Sergio Balza Real Estate Agent - HomeSmart Premier Living Rlty

    Sergio Balza

    HomeSmart Premier Living Rlty

    (631) 203-2103

    60 Total Sales

    1 in Corona

    $940,000 Price

    Sergio Balza
     Section Image
  • Maria Lindh Real Estate Agent - Next Level Real Estate NY

    Maria Lindh

    Next Level Real Estate NY

    (516) 518-6605

    56 Total Sales

    1 in Corona

    $1,050,000 Price

    Maria Lindh
     Section Image
  • yanli Zhang Real Estate Agent - EXP Realty

    yanli Zhang

    EXP Realty

    (848) 272-2438

    31 Total Sales

    1 in Corona

    $425,000 Price

    yanli Zhang
     Section Image
  • Ana Chan Real Estate Agent - Wagner & Kelly Inc

    Ana Chan

    Wagner & Kelly Inc

    (516) 874-6576

    41 Total Sales

    2 in Corona

    $880K - $1.4M Price Range

    Ana Chan
     Section Image
  • Yi Lin Real Estate Agent - Century Homes Realty Group LLC

    Yi Lin

    Century Homes Realty Group LLC

    (855) 933-4716

    80 Total Sales

    3 in Corona

    $385K - $800K Price Range

    Yi Lin
     Section Image
  • Kayo Lee Real Estate Agent - Chase Global Realty Corp

    Kayo Lee

    Chase Global Realty Corp

    (848) 281-3607

    34 Total Sales

    1 in Corona

    $1,265,000 Price

    Kayo Lee
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$4,100,000 --
Ken Luen Cheung Trustee Of The Kc Revoc -- --
Cheung Ken Luen $900,000 --
Yu Bo $815,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $1,755,785
Previous Owner Kyc Realty Llc $750,000
Previous Owner Kyc Realty Llc $600,000
Closed Cheung Ken Luen $150,000
Previous Owner Cheung Ken Luen $427,000
Previous Owner Yu Bo $495,000
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
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 Real Estate Agent - Douglas Elliman Real Estate

    Seller's Agent in 2025

    Bruce Friedberg

    Douglas Elliman Real Estate

    (914) 661-6005

    1 in this area

    4 Total Sales

    Bruce Friedberg
    Section Image

  • DL

    Buyer's Agent in 2025

    Direct Deal Listing

    Direct Deal

See All Agents

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 New York 11368 Corona

10436 38th Ave, New York, NY

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.

Real Estate Board of New York (REBNY) 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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