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Listed price in listed location currency (USD).
$3,780,000

000

MLS® 972626

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,098
Days Active 0
Approx. Age 2004
MLS® Number 972626

Property Address: 3821 99th Street, New York, NY, 11368

Average square foot calculated using Size range provided by listing agent.

Description

38-21 99th Street presents a well-positioned multi-family investment opportunity in the heart of Corona, Queens, offering stable in-place income and strong rental demand. The property consists of nine residential units along with a basement unit, providing consistent cash flow in a highly active rental market. The building generates approximately $224, 688 in annual gross operating income, including $24, 888 from the basement unit and $199, 800 from nine residential units. Operating expenses are approximately $32, 000 annually, resulting in a net operating income (NOI) of approximately $192, 688. Strategically located in Corona, the property benefits from strong tenant demand, proximity to public transportation, local retail corridors, and easy access to surrounding neighborhoods including Flushing and Jackson Heights. This is an excellent opportunity for investors seeking a stable, income-producing asset with potential for long-term appreciation in a well-established Queens rental market.
MLS® Number972626
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2004
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$3,780,000List Price
  • Commute

Commute

Starting Address
Destination Address
3821 99th Street, New York, NY

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