54-14 111th Street, Corona, NY 11368
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:296 day(s) ago
- Updated:July 09, 2026 at 11:23 AM
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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