For sale

$3,780,000

Est. $22,922/mo —

Studio

•

— ba

•

3,600

sq ft

9807 37th Ave, Corona, NY 11368

About this home

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!

Multi-familyProperty Type

1930Year Built

$1,050Price/Sq.Ft.

3 car garageParking

Listing by Xun Lin • New Group Realty Inc

Listing by Carmen Sang • New Group Realty Inc

Contact: 718-255-9100

Listing updated: Aug 28, 2026 at 02:41pm

Redfin checked: 2 minutes ago

•Source:OneKey® MLS as Distributed by MLS Grid #1032789

Payment calculator

$22,922 per month

Principal and interest$20,629

Property taxes

$1,443

HOA dues

Home insurance

$851

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

PS 19 Marino Jeantet

Public PreK-5 • Assigned • 0.2mi

4/10

Corona Arts And Sciences Academy

Public 6-8 • Assigned • 0.5mi

4/10

Newtown High School

Public 9-12 • Assigned • 0.8mi

3/10

Provided by GreatSchools

About North

Corona

North Corona, located between Flushing Meadows–Corona Park and Jackson Heights, is a residential and commercial New York neighborhood with low-rise brick homes and a runway-side skyline. The neighborhood’s character concentrates around 37th Avenue near Junction Boulevard, where taquerías, bakeries, produce markets, and sidewalk fruit stands set a steady street rhythm. Brick rowhouses and small apartment buildings mix with auto-body shops and light industrial blocks along Northern Boulevard. Lemon Ice King of Corona anchors warm-weather rituals with its old-school counter and long list of flavors. Louis Armstrong House Museum adds a cultural throughline in nearby Corona, tied closely to local streets. Park paths and stadium lights from Flushing Meadows–Corona Park frame daily routes and weekend plans.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
High ceilings
Open kitchen
Washer/dryer hookup
Additional storage space

Laundry & utility
Washer/dryer hookup

Heating & cooling
Electric heating
Electric cooling
Other heating

Sale and tax history for 9807 37th Ave

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

25 ft.

Lot depth

100 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Queens County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 31, 2026.

R6B

C1-4

Residence District - Contextual

R6B districts are often traditional row house districts, which preserve the scale and harmonious streetscape of neighborhoods of four-story attached buildings developed during the 19th century. Many of these houses are set back from the street with stoops and small front yards that are typical of Brooklyn's brownstone neighborhoods, such as Park Slope, Boerum Hill and Bedford Stuyvesant.

Zone overlays

Commercial Overlay - Local Retail Districts

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Religious facility
Healthcare-Other
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Public service
Educational / school
Recreation

Historical weather

Corona, NY • 11368

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

73/ 100

Good sunlight

Sunscore

This home receives average direct sun exposure in Corona. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.2 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

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