5544 97th Pl
Corona, NY 11368
Corona- 21 Beds
- 22 Baths
21 Beds
22 Baths
Local Information
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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
46 days ago
Last check for updates: about 4 hours 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 |
View No View |
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Days on Market: 46 |
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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,Elevator(s)STREETEASY Property ID: 8959809STREETEASY Building ID: 460271 |
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 | 2024 |
|---|---|
| Tax | |
| Assessment | $1,616,000 |
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 |
Assigned Schools
These are the assigned schools for 5544 97th Pl.
What Locals Say about Corona
At least 975 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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