10436-10438 38th Ave New York City, NY 11368
Property details
About 10436-10438 38th Ave
<p>Prime Elmhurst Investment Opportunity - 7.5 Cap Rate!</p> <p>-NOI 316,113</p> <p>-Built in 2009:</p> <p>-Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings</p> <p>-15 total apartments, 6 one beds / 5 two beds / 4 three beds</p> <p>- 54 total rooms / 28 total bedrooms</p> <p>- 7.5 cap rate in the heart of Corona, Queens</p> <p>-benefits from 421a tax abatements / RET 1,237 month</p> <p>-Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively</p> <p>Fully occupied, the property features separately metered electric and gas.Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity.</p> <p>Do not miss out on this rare find- contact us today!</p>
Highlights
Summary
- Full Bathrooms: 22
- Basement: No
- Interior: Smoke Free
- Total Bedroom Count: 28
- View: Other
- Exterior: Private Outdoor Space Over 60 Sqft
- Cooling: Other
- List Price: $4,350,000
- MLS Number: RLS20014681
- MLS Name: RLS
- Office Name: Douglas Elliman Real Estate
- Office Phone: (212) 891-7000
- Listing Agent: BRUCE D FRIEDBERG
- Agent Phone: (914) 661-6005
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/24/2025, 2:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
P.S. 19 Marino P. Jeantet School
Public District KG-5
0.2 mi
•9802 Roosevelt Ave
6
Pioneer Academy
Public District KG-5
0.2 mi
•4020 100th St
4
PS 110
Public District KG-5
0.3 mi
•4318 97th Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,156. The majority of New York City, NY residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 10436-10438 38th Ave
The listing price of 10436-10438 38th Ave property is $4,350,000.
The property 10436-10438 38th Ave is a house located in New York City, New York, 11368.
Active Listing: 10436-10438 38th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10436-10438 38th Ave are: P.S. 19 Marino P. Jeantet School (GreatSchools Rating 3/10), Pioneer Academy (GreatSchools Rating 6/10), PS 110 (GreatSchools Rating 4/10), Corona Arts and Sciences Academy (GreatSchools Rating 5/10), I.S. 61 Leonardo Da Vinci (GreatSchools Rating 4/10), Intermediate School 227 Louis Armstrong (GreatSchools Rating 8/10), Civic Leadership Academy (GreatSchools Rating 6/10), Pan American International High School (GreatSchools Rating 6/10), Voyages Preparatory (GreatSchools Rating 2/10).
The property at 10436-10438 38th Ave has 28 bedrooms and 22 bathrooms.
This home is located at 10436-10438 38th Ave in New York City, NY and zip code 11368 in the Northwestern Queens neighborhood. Features: 28 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $4,350,000.
Over 232 listings were sold over their listed price in June 2025 in New York City, NY. In the same period over 715 listings were sold below the listed price and 1007 listings were sold for the listed price. The inventory of homes for sale in New York City, NY between May and June 2025 decreased by 4.3%. In June 2025 median list price was $881,252 and the average listing age was 99 days.