Map of Property

35-12 99th St

3512 99th St, Corona, NY 11368

  • For Sale $3,280,000
  • Property Type Multi-Family
  • Property Size 11,108 SF
  • Lot Size 0.09 Acre
  • Year Built 1925
  • Date Updated Aug 25, 2020

Ariel Property Advisors presents 35-12 99th Street, a four story, 35’ wide walk-up building located between 35th Avenue and 37th Avenue in Corona, Queens.

The 11,108 gross square feet building contains 16 residential units with an average of 705 square feet per unit. The unit mix consists of 13 one-bedroom and 3 two-bedroom apartments. There is 1 free market unit and the remaining 15 units are all rent stabilized, with 9 of them having preferential rent status. There is significant near-term upside via preferential rents that could be utilized in the future and the property features an antenna that brings in addtional income.

The multifamily building is conveniently located in the heart of Corona, Queens. The vibrant retail corridor along Junction Boulevard is a short walk from 99th Street and home to GameStop, RiteAid, Chase Bank and Food Bazaar Supermarket. The area also offers multiple eateries such as McDonald's, Subway, Taco Bell and Baskin Robbins. At the corner of Junction Boulevard and Roosevelt Avenue is the 7 train subway stop offering access to Manhattan as well throughout Queens.

35-12 99th Street presents investors with an opportunity to acquire a well-maintained property with strong cash flow and near-term upside.

 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Michael A. Tortorici

Ariel Property Advisors

(212) 544-9500

broker

Alexander Taic

Ariel Property Advisors

(212) 544-9500 x 44

broker

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

broker

Victor Sozio

Ariel Property Advisors

(215) 544-9500

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    88/100 Excellent Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Corona, NY
  • Neighborhood Corona
  • Zip Code 11368
  • Market Queens

Points of Interest

  • 103rd Street–Corona Plaza

    0.20 miles

  • 111th Street

    0.40 miles

  • Junction Boulevard

    0.43 miles

  • 90th Street–Elmhurst Avenue

    0.79 miles

  • Mets–Willets Point

    0.91 miles

  • 82nd Street–Jackson Heights

    1.17 miles

  • Elmhurst Avenue

    1.21 miles

  • Grand Avenue–Newtown

    1.31 miles

  • Woodhaven Boulevard

    1.39 miles

  • 74th Street–Broadway

    1.54 miles

  • Speedway

    0.52 miles

  • BP

    0.53 miles

  • Gulf

    0.80 miles

  • Gulf

    0.85 miles

  • Shell

    1.03 miles

  • BP

    1.15 miles

  • Mobil

    1.17 miles

  • Gulf

    1.21 miles

  • Sunoco

    1.26 miles

  • Mobil

    1.27 miles

  • Bus Parking

    0.73 miles

  • Xtell Parking

    0.92 miles

  • For-Hire Vehicle Holding Lot LGA Airport

    1.17 miles

  • Daily Parking - Terminal C

    1.19 miles

  • Lot D

    1.24 miles

  • Airpark

    1.32 miles

  • Terminal B Parking Garage

    1.54 miles

  • Flushing #2 Municipal Parking Field

    1.69 miles

  • P7

    1.71 miles

  • Terminal A Parking

    1.79 miles

  • SpringHill Suites Marriott

    0.48 miles

  • Corona Hotel

    0.48 miles

  • Holiday Inn

    0.49 miles

  • Flushing Meadows hotel

    0.49 miles

  • LaGuardia Plaza Hotel

    1.02 miles

  • Hampton Inn LaGuardia

    1.09 miles

  • New York LaGuardia Airport Marriott

    1.15 miles

  • Elmhurst Hotel

    1.20 miles

  • Holiday Inn Express

    1.20 miles

  • l

    1.25 miles

  • Encuentro

    0.06 miles

  • Kennedy Fried Chicken

    0.09 miles

  • Charo Restaurant

    0.13 miles

  • El Sabor Azoqueño

    0.15 miles

  • Angelo's Pizza

    0.15 miles

  • The King of Empanadas

    0.18 miles

  • KFC

    0.18 miles

  • Burger King

    0.19 miles

  • Dunkin'

    0.19 miles

  • Manantial

    0.20 miles

  • Public School 16 - Nancy Debenittis School

    0.29 miles

  • School of Transfiguration

    0.30 miles

  • Public School 19

    0.35 miles

  • Public School 92 - Harry T. Stewart Senior

    0.38 miles

  • Helen M. Marshall School

    0.39 miles

  • Public School 143 - Louis Armstrong

    0.42 miles

  • Saint Leos School

    0.59 miles

  • Public School 149 - Christa McAuliffe

    0.63 miles

  • I.S. 227 - Louis Armstrong Middle School

    0.71 miles

  • Intermediate School 61 - Leonardo da Vinci

    0.76 miles

  • Children of America

    0.92 miles

  • Jackson Development Center

    1.02 miles

  • Happy Dragon Children's Learning Center

    1.17 miles

  • Broadway Preschool

    1.38 miles

  • Rainbowland Nursery School

    1.42 miles

  • Fairytale Daycare

    1.42 miles

  • Organic Kids NY

    1.51 miles

  • Playlab Kids

    1.74 miles

  • Kidz Village

    1.80 miles

  • Jack And Jill Nursery School

    1.99 miles

Frequently Asked Questions

What is the lease rate for 35-12 99th St?

Rental asking rate at 35-12 99th St is $1,640,000.00/YR.

What is the total square footage of 35-12 99th St?

35-12 99th St totals 11,108 square feet.

When was this property built?

35-12 99th St was built in 1925.

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