Excellent investment opportunity in the heart of Corona! This legal three-family property offers three spacious residential units, making it ideal for investors or owner-occupants seeking rental income. The first-floor unit features 2 bedrooms, 1 full bath, a living room, and dining room, with direct access to the full basement. The second floor includes two separate 1-bedroom, 1-bath apartments, each offering living and dining areas. The full lower level houses the building's mechanicals, including separate utilities with 2 gas meters, 3 electric meters, and boilers. All units are being delivered without appliances. Conveniently located near shopping, schools, parks, and major roadways, the property also offers excellent access to public transportation, including the 7, 7X, M, E, R, Port Washington, and F rail lines, along with the Q23, Q72, and Q66 bus routes, making commuting throughout Queens and Manhattan convenient. A fantastic opportunity with strong income potential in a prime Queens location.
R5 districts allow a variety of housing at a higher density than permitted in R3-2 and R4 districts. The floor area ratio (FAR) of 1.25 typically produces three-and four-story attached houses and small apartment houses. With a height limit of 40 feet, R5 districts provide a transition between lower- and higher-density neighborhoods and are widely mapped in Brooklyn, Queens and the Bronx. Portions of Windsor Terrace and Ocean Parkway in Brooklyn are R5 districts.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Community / recreation center
Religious facility
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Educational / school
Library
Golf related
Park & open space
Property details
Parking
Parking Information
Carport YN: No
Parking Features: None
Interior
Virtual Tour Information
Heating & Cooling
Cooling: None
Heating: Baseboard, Other
Interior Features
Interior Features: Other
Room Information
Basement YN: Yes
Basement: See Remarks
Bathroom Information
Bathrooms Full: 3
Multi-Unit Information
# Of 1 Bedrooms: 2
# Of 2 Bedrooms: 1
Exterior
Exterior Features
Construction Materials: Brick
Waterfront YN: No
Property Information
Building Area Total (Sq. Ft.): 3639.00
Property Sub Type: Triplex
Financial
Tax Information
Tax Year: 2025
Tax Source: Other
Tax Annual Amount: $9,287.20
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Utilities: See Remarks
Location
School Information
Elementary School: Ps 19 Marino Jeantet
Elementary School District: Queens 24
Middle Or Junior School: Corona Arts And Sciences Academy
Middle Or Junior School District: Queens24
High School: Newtown High School
High School District: Queens24
Location Information
Directions: See googlemap
County Or Parish: Queens
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,639
Stories: 2.0
Lot Size: 3,125 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1920
County: Queens County
APN: 174135
Home facts updated by county records on Oct 9, 2026
Around this home
Schools
Pioneer Academy
Public PreK-5 • Assigned • 0.3mi
4/10
Corona Arts And Sciences Academy
Public 6-8 • Assigned • 0.5mi
4/10
Newtown High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Corona, NY • 11368
Average low and high temperatures (°F)
36
26
39
28
54
39
62
47
70
56
82
67
86
73
81
67
77
65
67
55
56
45
42
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
61/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Corona. There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
2.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$986,000 – $1.19M
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