The park also houses the Queens Zoo, the New York Hall of Science and the Queens Museum, perhaps best known for its Panorama of the City of New York, a miniaturized version of the city. Home to two World’s Fairs, in 19, it has ball fields and courts and a lake and serves as the venue of the United States Open each year. A recent search for rentals on showed 24 available apartments in Corona, including a large studio for $1,250 a month, a one-bedroom for $1,300 a month and a three-bedroom in LeFrak City for $2,395 a month.įlushing Meadows-Corona Park, with 897 acres, runs along the neighborhood’s eastern border. As for condos and co-ops, studios and one-bedrooms can be found for $100,000 or less new, larger units start in the mid-$300,000s. In the midrange are older two-family homes, typically priced from the lower $700,000s to the upper $800,000s, depending on condition and proximity to the subway. High-end properties include buildings with three or more units, generally listed in the range of $1 million to $1.5 million. Jorge Santiago, an agent with the Century Homes Realty Group in Flushing, said he has noticed an increased interest in Corona as nearby areas like Jackson Heights, Woodside and Elmhurst have become more expensive. He said prices were about 10 to 15 percent higher than they were five to six years ago. Jose Jimenez, a broker/owner of Exit Realty Success in Corona, said “the market has improved tremendously” since the 2008 economic downturn. Demand for housing in Corona is high and prices are going up, real estate professionals say. On the southern border is the massive LeFrak City rental complex, built in the 1960s, which has 20 high-rise buildings, shops, playgrounds and a swimming pool.Ī search of the Multiple Listing Service of Long Island, which includes Queens, in late January showed 73 single- and multifamily homes for sale in Corona and 49 condominiums and co-ops. As one moves south toward the Long Island Expressway, larger apartment buildings are more prevalent. Interspersed among the older homes are newer buildings, containing apartments for three to 10 families. Residential side streets are lined with tightly spaced houses, many of them two- or three-family homes built in the 1920s. “If you go to many of these countries, everyone comes to a centrally located plaza at some point in the day.”Ĭorona is bounded by Northern Boulevard to the north, Junction Boulevard to the west, the Long Island Expressway to the south and Flushing Meadows-Corona Park to the east. Councilwoman Ferreras said the plaza has taken on the role of the central squares found in towns and cities in Latin America. “Now, it is all Latino.”Ĭorona Plaza, at 103rd Street and Roosevelt Avenue, has become a meeting place since it was turned into a pedestrian zone in 2012.
“When I grew up, we were one of two Latino families on the block,” she said. “As a resident, it makes me sad, because I like the feel of old Corona.”Īnother transformation the councilwoman has witnessed is Corona’s evolution from a predominantly Italian neighborhood to a Latin American community. “It’s hard seeing these beautiful, large colonial homes disappearing,” she said. The resulting influx of residents has not only affected parking, but has also brought in more traffic and strained city services, Councilwoman Ferreras said. In recent years, many two-family homes have been torn down and replaced with larger, multifamily buildings. City Councilwoman Julissa Ferreras, who lived in Corona until moving to East Elmhurst a year and a half ago, said overdevelopment is one of the neighborhood’s biggest challenges.
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