COMMERCIAL
Address: ‎9807 37th Avenue
Zip Code: 11368
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$3,780,000
MLS # 1032756
English
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New Group Realty Inc Office: ‍718-255-9100

$3,780,000 - 9807 37th Avenue, Corona, NY 11368|MLS # 1032756

MLS #‎ 1032756
Construction Year1930
Taxes
(per year)
$17,310
Fuel TypeElectric
Heat typeElectric
BasementFull basement
Garage TypeDetached
Bus2 min: Q72
4 min: Q23
7 min: Q66
9 min: Q48, Q49
Subway4 min: 7
LIRR1.3 miles: "Mets-Willets Point"
1.8 miles: "Woodside"
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房屋英文概況 English Description

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

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 New Group Realty Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of New Group Realty Inc

公司: ‍718-939-9100




$3,780,000
COMMERCIAL
MLS # 1032756
‎9807 37th Avenue
Corona, NY 11368


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