5414 111th Street, Carona, NY 11368
Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
5414 111th Street,Carona, NY 11368
$4,080,000
- - Beds
- 8 Baths
- 8,652 sq. ft.
- Multi-family
- Active
Listed by:xueyan (maggie) li
Office:exit realty professionals
MLS#:488177
Source:BROOKLYN
Price summary
- Price:$4,080,000
- Price per sq. ft.:$471.57
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!!!
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Home facts
- Year built:2013
- Listing Id #:488177
- Added:237 day(s) ago
- Updated:July 30, 2025 at 11:09 AM
Rooms and interior
- Total bathrooms:8
- Full bathrooms:8
- Living area:8,652 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Flat
- Year built:2013
- Building area:8,652 sq. ft.
- Lot area:0.09 Acres
Finances and disclosures
- Price:$4,080,000
- Price per sq. ft.:$471.57
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