Movoto Real Estate

99-12 37th Ave, New York, NY 11368

  • $1,699,000

  • 4

    bed

  • bath

  • 2,602

    Sqft ($653/Sqft)

Multi-family for sale 36 hours
Movoto is helping 39 homebuyers near you

About 99-12 37th Ave

Property type Multi-family
Year built 1931
HOA fee $0/month
Lot size 1,960 Sqft
Rental estimate
Property description
Prime mixed-use investment opportunity located on the busy 37th Avenue commercial corridor in Corona. This approximately 2,608 SF property, with a building dimension of approximately 19.5' × 68', consists of a ground-floor retail space currently occupied by a barber shop and two 2-bedroom residential apartments above. Situated on a 19.5' × 101' lot with R6B zoning and a C1-4 commercial overlay, the property offers stable in-place income, low annual real estate taxes, and excellent long-term investment potential. All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure. Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification. All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.
Listed by
Listing Agent - Li Li
Listing Office - B Square Realty
Source: OneKey MLS mls logo
MLS#1020421 • last updated 1 day ago
Movoto checked OneKey MLS for data 29 minutes ago
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Overview
Cooling/AC Wall/Window Unit(s)
Heating Electric
MLS # 1020421
SubType Duplex
Status Active
Type Residential Income
Lot Size (SqFt) 1961
Lot Size (Acres) 0.045
Property Tax 7649.32
Year Built 1931
Interior
Total # of Bedrooms 4
Basement Storage Space
Interior Features First Floor Full Bath
Exterior
Construction Brick
Parking On Street
Amenities / Utilities
Utilities Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Water Source Public
Location
County Queens
Elementary School Contact Agent
Middle School Call Listing Agent
Elementary School District Contact Agent
Middle School District Contact Agent
High School District Contact Agent
High School Contact Agent
APN 01762-0006
Directions Google Maps
Multifamily Details
Cap Rate 6
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • NY
  • Queens
  • New York
  • 11368
  • 99-12 37th Ave

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The multiple listing information is provided by OneKey® MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
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The data relating to real estate for sale on this web site comes in part from the OneKey® MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the website owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. IDX information is provided exclusively for consumers personal non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.©2026 OneKey® MLS. All rights reserved. Fair Housing Notice
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