$2,050,000
( $503.69Per Sq Foot )
 $11,005 est/mo Sourced by Back At You

5528 98th Street,Corona, NY 11368

Corona, NY 11368

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Description

Located in the heart of Corona, Queens, this updated and recently renovated 6-unit walk-up multifamily building presents an exceptional investment opportunity with a high existing income and long-term upside. Charming walk-up apartment building with 4 units (1-1 bedroom, 2-2 bedroom) and no elevator. Key features include: - Sprinkler system from basement to 3rd floor- Basement renovation underway- Brand new apartments on 1st, 2nd, and 3rd floors with modern appliances- Partially renovated kitchen in 1R with new countertop and fridge- Surveillance cameras and alarm system for security- Separate boiler for each unit- 2 private parking spaces available for rent- 2 balconies- Fenced backyard with storage shed- Convenient location next to supermarket, laundromat, and bus stop- Sunny, cozy, and bright units- Utilities: Paid By Tenant (Separate Meter): Heat and Gas. Amenities include new rear stairs, steel doors and frames, and steel railings for garbage cans. A great place for investment!

Details

MLS #978915
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1987
Days On Site149
Listing Provided ByDouglas Elliman Real Estate | Lily Widjaja

Features

SQ Feet4,070
BasementY
Story(s)3
Units6
Building(s)1
ZoningR6B
Acreage0.05

Interior

CoolingVaries by Unit, Wall/Window Unit(s)
HeatingBaseboard
AppliancesGas Oven, Gas Range, Refrigerator

Exterior

Security FeaturesFire Alarm, Fire Escape, Fire Sprinkler System, Security System, Smoke Detector(s), Video Cameras, Window Bars
Construction MaterialsBrick
Foundation DetailsConcrete Perimeter

Parking

Parking FeaturesDriveway

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Location

Community FeaturesSidewalks

Taxes

Tax Year2026
Tax Assessed Value383400
Tax Annual Amount19749.92
Tax Lot0042

Area Information

StateNY
CountyQueens
CityCorona
Zip Code11368
School DistrictContact Agent
Elementary SchoolPs 14 Fairview
High SchoolContact Agent
Listing VS Median (in 11368)
Price:
$2,050,000
low | high
Med:
$1,020,000
100% of Average
sqft:
4,070
low | high
Med:
1,490
100% of Average
$ / sqft:
$504
low | high
Med:
$685
14.089048944181% of Average
On site:
149
low | high
Med:
178
83.707865168539% of Average
Sourced by Back At You

Market Activity 11368

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Learn More About This Property

StateNY
CountyQueens
CityCorona
Zip Code11368
School DistrictContact Agent
Elementary SchoolPs 14 Fairview
High SchoolContact Agent
Listing VS Median (in 11368)
Price:
$2,050,000
low | high
Med:
$1,020,000
100% of Average
sqft:
4,070
low | high
Med:
1,490
100% of Average
$ / sqft:
$504
low | high
Med:
$685
14.089048944181% of Average
On site:
149
low | high
Med:
178
83.707865168539% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.537M - $2.562M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
55-05 98th Street Property Photo 1
$1,799,000
55-05 98th Street
Corona, NY 11368
Listing Updated: August 27, 2026 at 7:56:00 PM PDT