54-14 111th Street
Corona, NY 11368
16
Bed
8
Bath
8,652Sqft
0.09Acre(Lot)
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!!!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 16Bathroom Information
Full Baths: 8Room Information
Has Basement: Yes Basement: Finished -
Flooring Information
Hardwood, Tile, Other -
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Gas Water Heater, Refrigerator, Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Natural Gas
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Building Information
Year Built: 2013 Building Area Total: 8652 Construction Materials: Brick Stories: 5 Private Pool: No
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Lot Information
Lot Dimensions: 100 x 37 Lot Size Acres: 0.09 Lot Size Square Feet: 3742
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Listing Price Information
Listing Price: $3950000 Original Price: $4080000
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Tax Information
Tax Lot: 33 Tax Block: 2010 Annual Tax: $3095
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 108-42 41st Avenue, Corona, NY, 11368 | $1,850,000 | 5 | 5 | -- | |
| 10307-09-11 Corona Avenue, Corona, NY, 11368 | $3,488,888 | -- | -- | -- | |
| 58-07 Van Cleef Street, Corona, NY, 11368 | $1,345,000 | 11 | 6 | -- | |
| 11006 56th Avenue, Corona, NY, 11368 | $999,000 | -- | -- | -- | |
| 57-25 Waldron Street, Corona, NY, 11368 | $1,580,000 | -- | -- | -- | |
| 58-17-15 Penrod Street, Corona, NY, 11368 | $1,309,000 | 8 | 3 | -- | |
| 111-73 43rd Avenue, Corona, NY, 11368 | $809,900 | 2 | 2 | -- | |
| 52-12 108th Street, Corona, NY, 11368 | $2,160,000 | 6 | 4 | -- | |
| 11121 44th Avenue, Corona, NY, 11368 | $1,600,000 | 7 | 5 | -- | |
| 10403 Martense Avenue, Corona, NY, 11368 | $1,060,000 | 6 | 3 | -- |
Similar Multifamily To 54-14 111th Street
Nearby For Sale
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ByOwner last updated this listing 06/06/2026 @ 13:46
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