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99-11 42 Avenue
Corona NY 11368 US

$965,000

Active Listing ID 1008554
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Lot: 0.05 Acres
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Condominium

$965,000

Active Listing ID 1008554
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99-11 42 Avenue Prime Corona Investment Opportunity: Located in the heart of Corona, Queens, 99-11 42nd Avenue is a well-maintained, cash-flowing 6-family brick building perfect for savvy investors looking to maximize cash flow or execute a seamless 1031 exchange. The property features six residential units, consisting of five spacious 2-bedroom apartments and one comfortable 1-bedroom apartment, all configured with efficient, tenant-friendly layouts. Landlord overhead is kept low thanks to a total of 7 electric and 7 gas meters, providing separate utility ( cooking gas and Electric) setups for each individual unit so tenants pay their own expenses. The location is extremely convenient, situated just blocks from the 103rd St-Corona Plaza 7-train subway station, which offers a seamless commute directly into Midtown Manhattan and Long Island City. It's located in close proximity to a vibrant mix of local shopping, diverse dining options, community parks, and essential services ensuring a strong rental demand, making this a phenomenal income-generating asset to add to your real estate portfolio. With a gross annual revenue of $113, 486 and a NOI of $62, 982 after all expenses, this investment will allow you to cash flow immediately.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Cooling System: Window Unit(s), Wall/Window Unit(s)
  • Heating Fuels: Oil
  • Additional Features
  • Basement

School Information

  • School
  • Ps 19 Marino Jeantet(Elementary)
  • High School For Arts & Business(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 965000
  • unparsedaddress: 99-11 42 Avenue
  • postalcity: Corona
  • stateorprovince: NY
  • country: US
  • postalcode: 11368
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.049
  • lotsizeunits: Acres
  • lotsizearea: 0.049
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: George C. Arnaudov
  • listagentemail: garnaudov13@gmail.com
  • listagentkey: 3yd-MLSLINY-200152
  • listagentmlsid: 200152
  • listagentpreferredphone: 9175269522
  • listagentofficephone: 9175269522
  • listofficekey: 3yd-MLSLINY-KLRW01
  • listofficemlsid: KLRW01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1931
  • listingcontractdate: 2026-06-04
  • listagentfax: 3478461201
  • listagenturl: http://www.kwnyhomes.com
  • countyorparish: Queens
  • parcelnumber: 01616-0058
  • elementaryschool: Ps 19 Marino Jeantet
  • highschool: High School For Arts & Business
  • elementaryschooldistrict: Queens 24
  • middleorjuniorschooldistrict: Queens24
  • highschooldistrict: Queens24
  • cooling: Window Unit(s), Wall/Window Unit(s)
  • constructionmaterials: Brick
  • heating: Oil
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Basement
  • basement: Partially Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Landmark II", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"garnaudov13@gmail.com", "ListBrokerageCity":"Jackson Heights", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ssoric@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/25515a01f12411e0911d00219b994c72/20111007173754523.png", "ListBrokerageName":"Keller Williams Landmark II", "ListBrokeragePhone":"(347) 846-1200", "ListBrokeragePostalCode":"11370", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7535 31st Ave", "ListBrokerageWebsiteUrl":"http://www.kwnyhomes.com", "ListOfficeAddress1":"7535 31st Ave Ste 202 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KLRW01", "ListOfficeCity":"Jackson Heights", "ListOfficeCountry":"US", "ListOfficeEmail":"sold@teamshameer.com", "ListOfficePostalCode":"11372", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - Corona, NY", "ListingURL":null, "MLSModificationTimestamp":"2026-06-06 07:18:40", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21372, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/6/2026 7:18:40 AM GMT
Source Updated Date: 6/20/2026 12:35:32 AM GMT

Courtesy of: George C. Arnaudov, Keller Williams Landmark II, garnaudov13@gmail.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.