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5540 97th Place #3A, Corona, NY, 11368

2beds
2baths
695sqft
$488,000
$702price/sqft
$3,156/moest. monthly cost
$126,240/yrincome needed

About This Home

New to the market in 2024, this condominium is located in the trendy Corona neighborhood of Queens and features a very spacious layout with high vaulted ceilings. This 2-bedroom, 2-bathroom unit includes a front balcony and is in pristine condition, offering true move-in readiness. The home is filled with abundant natural sunlight thanks to excellent sun exposure and skylight installations. Conveniently located near major highways, public transportation, shopping centers, malls, and supermarkets, this condo offers all the essentials for comfortable city living. Considering the price, this is an exceptional opportunity you don’t want to miss.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

6/10
Ps 13 Clement C MooreGrades PK-50.2 mi
5/10
Is 61 Leonardo Da VinciGrades 6-80.3 mi

Construction

Condition

  • Year built: 2020

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Open Floorplan
  • Attic: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 695
  • Total interior livable area: 695 sqft

Property

Details

  • Parcel number: 019051001
  • Attached to another structure: Yes
  • Special condition: None

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,467$29,604
Home Insurance *$138$1,656
Property Taxes $305$3,660
Electricity $246$2,954
Total$3,156$37,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,205/yr
40% on housing$94,680/yr
45% on housing$84,160/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$702This listing

vs Other Active Listings

Avg $/sqft

ZIP 11368$590
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11368$667
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-18Listed for sale$488,000
2025-09-30Listing removed$3,300
2025-09-04Listed for rent$3,300

For Sale by Agent

AgentJane S. Gao
BrokerageDouglas Elliman Real Estate

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