5544 97th Pl
Corona, NY 11368
Corona- 21 Beds
- 22 Baths
21 Beds
22 Baths
Local Information
-- mins to
Description
An exceptional investment opportunity with a projected cap rate approaching 7%, offering attractive income potential.
Welcome to 55‑44 97th Place, a modern 6-story elevator building built in 2020 — one of the few new construction buildings in the area. Built in 2020, this well-maintained property features 10 residential units with a mix of spacious two-bedroom layouts and 1 three-bedroom layouts — all designed for comfortable, contemporary living in one of Queens’ most desirable neighborhoods.
The building comes with a 421‑a Tax Abatement valid for 35 years (2023–2058), offering significant tax savings and enhancing the property’s long-term investment potential.
Located on a quiet residential block yet close to major transportation options, the building offers excellent access to the M/R and 7 subway lines, making commutes into Manhattan and throughout Queens easy and convenient.
Residents enjoy a clean, secure environment with elevator service, on-site laundry, central air, and open layouts with private outdoor space in select units — all complemented by strong rental demand in a vibrant, transit-connected community.
Perfect for investors alike, 55‑44 97th Place presents bright, functional units with modern finishes, a proven rental history, and a long-term tax abatement that maximizes financial efficiency. Don’t miss this opportunity to own in a solid Queens location with stable income potential.
Building Amenities:
Elevator
2 Bathrooms per Unit
Central A/C
Dishwasher
Hardwood Floors
Private Balconies
Laundry Room
Welcome to 55‑44 97th Place, a modern 6-story elevator building built in 2020 — one of the few new construction buildings in the area. Built in 2020, this well-maintained property features 10 residential units with a mix of spacious two-bedroom layouts and 1 three-bedroom layouts — all designed for comfortable, contemporary living in one of Queens’ most desirable neighborhoods.
The building comes with a 421‑a Tax Abatement valid for 35 years (2023–2058), offering significant tax savings and enhancing the property’s long-term investment potential.
Located on a quiet residential block yet close to major transportation options, the building offers excellent access to the M/R and 7 subway lines, making commutes into Manhattan and throughout Queens easy and convenient.
Residents enjoy a clean, secure environment with elevator service, on-site laundry, central air, and open layouts with private outdoor space in select units — all complemented by strong rental demand in a vibrant, transit-connected community.
Perfect for investors alike, 55‑44 97th Place presents bright, functional units with modern finishes, a proven rental history, and a long-term tax abatement that maximizes financial efficiency. Don’t miss this opportunity to own in a solid Queens location with stable income potential.
Building Amenities:
Elevator
2 Bathrooms per Unit
Central A/C
Dishwasher
Hardwood Floors
Private Balconies
Laundry Room
Contact this Building
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
91 days ago
Last check for updates: about 1 hour ago
Listing by: EASYRENT REALTY LLC, (650) 864-2830
Jiayu Jiang
Huijie Lyu
Source: StreetEasy, MLS#S1819782
Home Details for 5544 97th Pl
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MLS Status: Active |
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Interior Details Number of Rooms: 53 |
Beds & Baths Number of Bedrooms: 21Number of Bathrooms: 22Number of Bathrooms (full): 22 |
Appliances & Utilities Appliances: DishwasherDishwasherLaundry: Inside |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage No Garage |
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Days on Market: 91 |
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Year Built Year Built: 2020 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $4,500,000 |
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Direction & Address City: CoronaCommunity: Corona |
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Listing Agent Listing ID: S1819782 |
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Has an HOAHOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1819782Listing Url |
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HOA Amenities: Laundry,Roof Deck,Elevator(s)STREETEASY Property ID: 8959809STREETEASY Building ID: 460271 |
Market trends in New York
Last updated May 2026
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
Price History for 5544 97th Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2026 | $4,500,000 | Listed For Sale | StreetEasy #S1819782 |
| 09/14/2023 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3418862 | |
| 09/29/2022 | $4,990,000 | PriceChange | OneKey® MLS as distributed by MLS GRID #3418862 |
| 07/26/2022 | $5,500,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #3418862 |
| 12/12/2017 | $1,100,000 | Sold | OneKey® MLS as distributed by MLS GRID #L2967806 |
| 11/01/2017 | $1,395 | ListingRemoved | Agent Provided |
| 10/01/2017 | $1,395 | PriceChange | Agent Provided |
| 09/25/2017 | $1,470 | Listed For Rent | Agent Provided |
| 09/12/2017 | $699,000 | ListingRemoved | Agent Provided |
| 09/02/2017 | $699,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $1,670,000 |
Home facts updated by county records
Comparable Sales for 5544 97th Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $990,000 | 08/13/25 | 6 | 3 | 1,536 | |
0.38 | Multi-Family Home | $1,300,000 | 12/11/25 | 9 | 5 | 3,975 | |
0.22 | Multi-Family Home | $1,870,000 | 03/30/26 | 7 | 5 | 3,300 | |
0.14 | Multi-Family Home | $870,000 | 09/30/25 | 5 | 2 | 1,272 | |
0.31 | Multi-Family Home | $1,230,000 | 02/25/26 | 6 | 4 | 2,015 | |
0.31 | Multi-Family Home | $1,230,000 | 02/25/26 | 6 | 4 | 2,015 | |
0.18 | Multi-Family Home | $1,200,000 | 03/10/26 | 4 | 2 | 1,788 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5544 97th Pl.
What Locals Say about Corona
At least 976 Trulia users voted on each feature.
85 % Say it's walkable to grocery stores
83 % Say there are sidewalks
79 % Say it's dog friendly
79 % Say it's walkable to restaurants
69 % Say streets are well-lit
64 % Say kids play outside
60 % Say there's holiday spirit
56 % Say people would walk alone at night
48 % Say they plan to stay for at least 5 years
47 % Say yards are well-kept
45 % Say neighbors are friendly
41 % Say car is needed
41 % Say it's quiet
33 % Say there's wildlife
32 % Say there are community events
25 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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