$10,000 Closing Credit¹
Listing Office: LAFFEY REAL ESTATE
$10,000
closing credit¹
55-14 98th Corona, NY 11368
$1,749,000 List price
$10,000
Closing credit¹
7 beds
4 full
Multi-Family
Property details
About 55-14 98th
Come Check This Fantastic Investment Opportunity! This well-maintained residential building features **6 TOTAL** RENTAL Units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, Including one Section 8 rental, ensuring consistent Income. The property generates between $9,000 and $10,000 I monthly rental income, Including an additional $300 from the parking space In the front. The building layout consists of ONE unit In the basement, TWO on the 1st floor, ONE on the 2nd floor, and TWO on the 3rd floor. All together totaling 13 Bedrooms and 7 Bathrooms! Conveniently located near the Long Island Expressway (I-495). This property Is perfectly situated for easy access to transportation and local amenities close by! Don’t miss this Incredible opportunity to add a high-performing asset to your portfolio!
Highlights
Home typeQuadruplex
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1988
MLS #814527
Summary
- MLS Number: 814527
- MLS Name: ONEKEY2
- Office Name: Real Broker NY LLC
- Office Phone: (516) 426-3347
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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: 1/29/2025, 3:11:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,749,000
55-14 98th
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Elm Tree Elementary School
Public District PK-5
0.2 mi
•5051 98th St
6
P.S. 206 Horace Harding School
Public District KG-5
0.3 mi
•6102 98th St
6
P.S. 13 Clement C. Moore School
Public District KG-5
0.3 mi
•5501 94th St
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 $55,714. Residents of Corona, NY typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
38%
<35k
49%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 55-14 98th in Corona, NY and zip code 11368 in the Northwestern Queens neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $1,749,000.
While more than 215 listings in Corona, NY in December 2024 were sold above asking price, there were more than 870 listings sold at asking price, and more than 736 were sold below. The inventory of homes for sale in Corona, NY between November and December 2024 decreased by 8.6%. Listings spent 72 days on the market in December 2024, and had a median list price of $853,573 during the same period.
From Rocket Homes Real Estate and based on county public records data.