104-37 37th Rd, Queens, NY 11368
- Beds
- 11
- Baths
- 7
- Sqft
- 4,480
- Garage
- Yes
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Overview
Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of total building area, with each floor approximately 1,120 SF, and strong, stable rental income.
The property consists of 4 residential units:
• 1 Two-Bedroom / 1 Bath unit
• 3 Three-Bedroom / 2 Bath units
Additionally, the basement is fully finished.
Total rental income is $11,200/month, approximately $134,400/year. All tenants are long-term, stable, and well-qualified.
Property comes with 5 years remaining on tax abatement, significantly reducing carrying costs. Current property tax is $150/month, or $1,800/year. Water expense is $1,350 every 3 months, and garbage expense is $200/month. Tenants pay their own electricity and gas; landlord is responsible for water, property tax, and garbage only, keeping operating expenses low.
Conveniently located just 5 minutes’ walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities.
This is a turnkey investment — sold with all tenants in place as a package deal, as-is. No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation.
A rare high-income-producing 4-family opportunity in Corona — don’t miss it!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 11
- Number of bathrooms
- 7
- Square feet
- 4,480
- Lot size (acres)
- 0.05
- Year built
- 2004
Interior features
- Basement
- Yes, Finished
Exterior features
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 1
Utilities
- Heating
- Natural Gas, Electric
- Cooling
- Wall/window unit(s)
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $1,800
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 965014 Last checked: …

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