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54-14 111th Street, 
Corona, NY 11368

$4,080,000


16

Beds


8

Baths


8,652

Sq Ft


Multi-Family

Active

Listed by

Xueyan (Maggie) Li

Tiger Realty

917-708-9966

Last updated:

September 18, 2025, 09:38 AM

MLS#

495771

Source:

BROOKLYN

About This Home

54-14 111th Street

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!!!

Home Facts

Multi-Family

8 Baths

16 Bedrooms

Built in 2013

Price Summary

4,080,000

$471 per Sq. Ft.

MLS #:

495771

Last Updated:

September 18, 2025, 09:38 AM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

8,652 Sq. Ft.


Structure

Structure

Building Area:

8,652 Sq. Ft.

Year Built:

2013


Lot

Lot Size (Sq. Ft):

3,742


Finances & Disclosures

Finances

Price:

$4,080,000

Price per Sq. Ft:

$471 per Sq. Ft.

Source:BROOKLYN
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