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for saleRealtyLens property overview
$3,950,000
54-14 111th St
Corona, NY, 11368
View more Corona, NY property pages16Beds
8Baths
8,652Sqft
$457$/sqft
Listing Notes
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!!!
Market Insights
Market comparison pendingN/A
Comparable price-per-square-foot data is still developing for this home.
Nearby medianN/A
Nearby properties8
Property size8,652 sqft
- 8 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- 8,652 sqft creates a usable price-per-square-foot read.
Estimated Monthly Payment
Per month, all-in$25,961/mo
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$21,024
- Property tax (est.)$3,621
- Home insurance (est.)$1,317
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 239 days
- Last price change
- No change recorded
- Listed
- Sep 15, 2025
- Photos
- 7 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- May 7, 2019 · $3,480,000
Features & Amenities
Central AirHardwood FloorsTwo Or More StoriesGarage 1 Or MoreRental Property
Photos
Price History
May 4, 2026Initial record
$3,950,000for sale