by RH Advisors

See Home Value
$995,000
● House - Off Market

112-50 38th Avenue

New York, NY 11368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,500 Ft²
$5,430
Est. Monthly
5.57%
Cap Rate

About This Property

Fantastic opportunity to own a solid single-family home offering both property and lot value in the heart of Corona. This home sits on a 25 x 100 lot with a building size of 25 x 38. Zoned R6 with an FAR of 2.43, providing approximately over 6,000 square feet of usable floor area. The property holds excellent development or expansion potential for builders, investors, or end-users with vision. The existing layout features four bedrooms and two bathrooms, along with an unfinished basement, and a nicely sized backyard for outdoor living. A driveway adds to the convenience of this well-located home. While the property needs TLC and updates, it offers great bones and outstanding upside. Ideally situated just 1.5 miles from LaGuardia Airport and under 1 mile to Grand Central Parkway, this location offers easy access to major transportation routes, shopping, schools, and public transit - a rare find in a high-demand neighborhood with room to grow.
Unit Size
2,500 Ft²
Days on Market
405 days
Land Size
-
Price per sqft
$408
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1910

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Last updated: 2 months ago (OneKey MLS #KEY884780)

Price History

Date / Event Date Event Price
Aug 11, 2026 Sold
Sold
May 20, 2026 In contract -
In contract
Jan 21, 2026 Price Decreased $1,019,000
↓ $29K (2.8%)
Price Decreased
Jul 2, 2025 Listed by Realty Executives Today $1,048,000
Listed by Realty Executives Today

Property Highlights


Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25
  • Building Depth: 38
  • Building Frontage: 25
  • Gross Building Area: 970

    Building Floor Area

  • Residential Building Floor Area: 970

    Floor Area Ratio

  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: A2
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: E

Neighborhood

  • Community District: 403
  • City Council District: 21
  • Police Precinct: 115
  • Fire Company: L138
  • Health Area: 1100
  • Sanitation District Borough: 4
  • Sanitation Subsection: 3C
  • School District: 24

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 1785
  • Lot: 23
  • Borough Block Lot: 4017850023

    Address

  • Full Address: 112-50 38 Avenue
  • Zip Code: 11368

Valuation

    Assessments Valuation

  • Assessed Total Value: $37,920
  • Assessed Land Value: $13,560

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwestern Queens


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Frequently Asked Questions

When was property at 112-50 38th Avenue built and last sold?
The property at 112-50 38th Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 112-50 38th Avenue is $0.
What are some comparable homes to 112-50 38th Avenue?
There are currently no comparable homes to 112-50 38th Avenue.