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Explore North Corona Neighborhood in New York City

Real Estate New Developments

General Information

North Corona is a neighborhood located in the northwestern part of Corona, Queens, and is characterized by its rich cultural diversity and vibrant community. The area has a mix of residential buildings, including older multi-family homes and newer developments, offering a variety of housing options. North Corona is known for its accessibility and convenience, with easy access to major highways and public transportation, making it a popular choice for commuters. The neighborhood is also home to a variety of local shops, restaurants, and community centers, reflecting its vibrant immigrant population.

Real Estate Information

The real estate market in North Corona is generally more affordable than many parts of Queens and New York City. It attracts families, young professionals, and first-time homebuyers seeking to find more space at a lower price point compared to other nearby neighborhoods like Astoria or Long Island City. The housing stock in North Corona consists mostly of brick homes, townhouses, and low-rise apartment buildings. While the neighborhood remains affordable, gentrification is slowly starting to take hold, with newer businesses and developments contributing to an increase in property values. This makes North Corona an attractive option for investors looking for properties with potential for growth.

Historical/Interesting Facts

Historically, North Corona was a primarily industrial area, with factories and warehouses operating throughout the 19th and early 20th centuries. It developed as a residential area later on, with many immigrant communities, particularly from Latin America, the Caribbean, and Asia, settling in the neighborhood over the decades. The area has been influenced by its proximity to major transportation hubs, including the 7 subway line and Grand Central Parkway, which helped facilitate its growth as a diverse urban neighborhood. Today, North Corona is known for its rich cultural history, which is reflected in its local businesses, food, and community events, making it a unique and vibrant part of Queens.

Properties Statistics

Total Properties

1

Median Asking

$2,550

Average Home Age

1 years

Based on results from 1 properties

Buildings in this Sector

FAQ about North Corona