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16 Beds
8 Baths
8,652 sqft

$3,950,000

54-14 111th Street, Corona NY, 11368

Price per sqft$456.54
Built in2013
Property size8,652 sqft
Property typeMulti-family

Overview

Active

Listed Sep 15, 2025

Updated Aug 15

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!!!

$26,279/mo

Est. mortgage payment based on a $3,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
495771

Interior Features

Bedrooms
16
Bathrooms
8
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,095
Tax Frequency
Annually

Listed by XueYan (Maggie) LI with Tiger Realty
Listing Contact: 9177089966 

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