$4,080,000

54-14 111th St Corona, NY 11368

Corona Neighborhood

Estimated payment $21,798/month

Total Views 145
16 Beds
8 Baths
8,652 Sq Ft
$472 Price per Sq Ft

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Back Yard
  • Multiple cooling system units
  • Private Driveway
  • 3-minute walk to Flushing Meadows Corona Park

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!!!

Listing Agent

XueYan LI

Tiger Realty Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 2013

Lot Details

  • 3,742 Sq Ft Lot
  • Lot Dimensions are 100 x 37
  • Back Yard

Home Design

  • 8,652 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Block 2010

Community Details

Overview

  • 8 Units
  • 5-Story Property

Building Details

  • Insurance Expense $4,399
  • Gross Income $195,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,024

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Borough: Queens
  • Building Footprint Sq Ft: 1786
  • Building Length: 47.00
  • Building Width: 38.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 111 St
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 8
  • Parking Attributes: 6+ Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 8652
  • Building Stories: 5
  • Street Name I D X: 111th
  • Street Number I D X: 54-14
  • Year Built: 2013
  • Special Features: None
  • Stories: 5

Interior Features

  • Basement Full Bathrooms: 8
  • Total Bedrooms: 16
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 3742

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 33
  • Roof: Flat

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 37
  • Zoning: R6B

Multi Family

  • Annual Gross Expense: 13496.00
  • Annual Gross Income: 195000
  • Insurance Expense: 4399.00

Tax Info

  • Flip Tax Amount: 3024.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $4,080,000 -- $472 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 495771

Brooklyn Board of REALTORS®
New York Queens County Corona 11368 Corona

54-14 111th St, Corona, NY

This home is located at 54-14 111th St, Corona, NY 11368 and is currently priced at $4,080,000, approximately $471 per square foot. This property was built in 2013. 54-14 111th St is a home located in Queens County with nearby schools including P.S. 14 - Fairview, Is 61 Leonardo Da Vinci, and John Bowne High School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
XueYan LI
Listing Agent
XueYan LI
Section Image
Tiger Realty
(929) 673-3485