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111-09 34th Ave - Corona R5 Development Site - 40*109 Lot 0.1 Acres of Residential Land Offered at $2,088,855 CAD in Corona, NY 11368
Investment Highlights
- 40*109 Lot-4360 SF
- Prime Corona Location Near 7 Train& Flushing
- R5 Zoning- Development Potential
Executive Summary
The existing building is approximately 2,320 SF and features 6 bedrooms, 3 bathrooms, and a full high-ceiling basement. Conveniently located near major transportation, approximately 5 minutes from the Q66, Q63 and Q19 bus lines and about 10 minutes from the 7 train, providing easy access to Flushing and Manhattan.
Annual property taxes are approximately $8,139. Asking price: $1,500,000.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$11,334
|
$113,228.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,334
|
$113,228.05
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $11,334 |
| Annual Per AC | $113,228.05 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,334 |
| Annual Per AC | $113,228.05 |
Property Facts
| Price | $2,088,855 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Zoning | R5 - R5 residential zoning offering potential for multifamily residential development, subject to NYC zoning regulations and approvals. | ||
| Price | $2,088,855 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.10 AC |
| Zoning | R5 - R5 residential zoning offering potential for multifamily residential development, subject to NYC zoning regulations and approvals. |
1 Lot Available
Lot
| Price | $2,088,855 CAD | Lot Size | 0.10 AC |
| Price Per AC | $20,869,350.48 CAD |
| Price | $2,088,855 CAD |
| Price Per AC | $20,869,350.48 CAD |
| Lot Size | 0.10 AC |
Prime investment and development opportunity in Corona, Queens! This detached 2-family property sits on a spacious 40’ × 109’ (4,360 SF) lot with R5 zoning, offering excellent development potential. The existing building measures approximately 20*58
Description
Prime investment and development opportunity in Corona, Queens. This detached 2-family property sits on a 40’ x 109’ (4,360 SF) lot with R5 zoning. The existing building is approximately 2,320 SF and features 6 bedrooms, 3 bathrooms, and a full high-ceiling basement. Conveniently located near public transportation, with easy access to the Q66, Q63 and Q19 bus lines and the 7 train. Close to Flushing and major Queens transportation corridors. Excellent opportunity for developers, investors, or end users seeking a large lot in a desirable Corona location. Development potential is subject to zoning regulations and all applicable approvals. Annual property taxes: approximately $8,139. Asking Price: $1,500,000.
Presented by
111-09 34th Ave - Corona R5 Development Site - 40*109 Lot
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