38-12 114th St

New York NY 11368

7280 sq. ft.

3125 sq. ft.

Multi-Family

Last sold for $1,500,000

XueYan LI, last sold this property on 20 February 2026 after 923 days on market.

Overview

Introducing a prime investment opportunity in Corona, Queens. This solid brick walk-up apartment building was built in 1988 and offers exceptional scale and potential. Spanning 4 stories with a building size of 25x62 and a total of 7,280 square feet, the property sits on a 50x125 lot (3,125 sq. ft.) with a lot area of 0.0717 acres. The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens’ most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale. Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond. This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.

Features

8 bathrooms

7280 sq. ft. floor area

3125 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in New York over the last 12 months, the estimated median property value of 38-12 114th St is $1.5m.

Median value

$1.5m

Estimated value range

$1.35m - $1.73m

Median days on market

Estimated value trend

26%

increase over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38-12 114th St

2026

Sold

$1,500,000

20 Feb 2026 by XueYan LI, of Tiger Realty

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.