54-14 111th Street, Corona, NY 11368

Corona
Local realty services provided by:ERA Top Service Realty
54-14 111th Street,Corona, NY 11368
$3,950,000
  • 16 Beds
  • 8 Baths
  • 8,652 sq. ft.
  • Multi-family
  • Active
Listed by: xueyan (maggie) li
Office: tiger realty
MLS#:495771
Source:BROOKLYN

Price summary

  • Price:$3,950,000
  • Price per sq. ft.:$456.54

About this home

Rare find new construction eight units in Corona Queens NYC. The solid building features two apartment which 4 room/2 bedrooms each unit, every unit has a private balcony, separate boilers and water heaters. Every unit has a one year lease. Private driveway with four car detached garage which has been rented for $600 monthly plus one carport for $100 monthly. Gross yearly income $231,000, nets $217,433 yearly, competitive cap closes to 5.5%, property tax abatement will good for the next twelve years. Can't miss the golden opportunity to own this money maker!!!

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Home facts

  • Year built:2013
  • Listing ID #:495771
  • Added:347 day(s) ago
  • Updated:August 28, 2026 at 01:46 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Hardwood, Tile
  • Kitchen Description:Refrigerator, Stove
  • Basement Description:Finished
  • Living area:8,652 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:2013
  • Building area:8,652 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Brick
  • Exterior Features:Back Yard
  • Foundation Description:Poured Concrete
  • Levels:5 Stories

Finances and disclosures

  • Price:$3,950,000
  • Price per sq. ft.:$456.54

Parking

  • Parking description:6+ Spaces
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