4912 111th Street, Corona, NY 11368
Local realty services provided by:ERA Caputo Realty
4912 111th Street,Corona, NY 11368
$1,699,000
- 7 Beds
- 6 Baths
- 3,076 sq. ft.
- Multi-family
- Pending
Listed by: brian ippoliti
Office: exp realty
MLS#:978360
Source:OneKey MLS
Price summary
- Price:$1,699,000
- Price per sq. ft.:$552.34
About this home
Offered for sale FULLY VACANT
Incredible opportunity for both investors and end-users alike to purchase this fully vacant multifamily property in Corona Queens located directly across the street from Flushing Meadows Corona Park. This massive property spans over 3,000 square feet of livable space with 3 full stories PLUS a basement and garage on a 25 x 100 lot with R6B Zoning. The first floor is fully above ground and features a bonus space that can be utilized totally dependent on the owners imagination with a recreational space, full bathroom and direct access to the backyard. The second floor is a spacious 3 bedroom, 2.5 bathroom nd features a private balcony off the living room and rear yard access off the bedroom. The third floor features another 3 bedrooms, 2.5 bathrooms and balcony as well.
The property presents fantastic income potential with similar 3 bedroom units currently renting out for $3,500 monthly. The potential rent roll post closing could be over $114,000 gross when taking into account the full house, yard and parking. An end user looking to live in the property could expect a potential of $4,000 in monthly rental income to offset their mortgage.
Conveniently located across from the park / opposite the Flushing Meadow main entrance and walkway path, leading directly to Author Ashe Stadium and Citifield. Just a short walk to 111th st Subway stop for the 7 Train, this is one of the best locations that Corona has to offer. Shopping, dining, grocery stores, and everything you could possibly need located a few blocks away at Roosevelt Avenue.
Reach out today - this one won't last!...
Contact an agent
Home facts
- Year built:1970
- Listing ID #:978360
- Added:51 day(s) ago
- Updated:May 24, 2026 at 07:52 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Basement:Yes
- Basement Description:Partially Finished
- Living area:3,076 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1970
- Building area:3,076 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,699,000
- Price per sq. ft.:$552.34
- Tax amount:$11,139 (2025)
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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