Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of building area 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 rented, maximizing income potential.
Total rental income exceeds $10,000 per month. All tenants are long-term, stable, and well-qualified.
Property comes with 6 years remaining on tax abatement, significantly reducing carrying costs. Tenants pay their own electricity and gas; landlord is responsible for water and property tax 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 (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!
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,999,999
Days On Site
0 Days
Bedrooms
11
Inside Area (SqFt)
4,480 sqft
Total Baths
7
Full Baths
7
Partial Baths
N/A
Lot Size
N/A
Year Built
2004
MLS® Number
965014
Status
Active
Property Tax
$1,118
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
2 hours ago
Listing first seen on site
2 hours ago
Listing updated with changes from the MLS®
General Features
Garage
Yes
Garage Spaces
1
Parking
DrivewayGarage
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Total
4480
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Basement
FinishedFullWalk-Out Access
Cooling
Wall/Window Unit(s)
Heating
ElectricNatural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick
Community Features
School District
Queens24
Schools
School District
Queens24
Elementary School
Ps 143 Louis Armstrong
Middle School
Is 61 Leonardo Da Vinci
High School
Voyages Preparatory
Listing courtesy of Chase Global Realty Corp am1380marco@yahoo.com
Based on information submitted to the MLS GRID as of 2026-02-25 06:47 PM EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.