#L3587762, Listing Office: Dream Castle Realty
Property details
About 5414 111th St
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!!!
Highlights
Home typeMulti Family
HeatingOther, Natural Gas
StatusActive
Size8,652 sqft
Year built2013
Parking6+ Spaces, Private Drive
MLS #488177
FireplaceStove
Summary
- MLS Number: 488177
- Office Name: Exit Realty Professionals
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Last updated on: 2/5/2025, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,080,000
5414 111th St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
3
P.S. 14 Fairview School
Public District KG-5
0.2 mi
•10701 Otis Ave
4
P.S. 220 Edward Mandel School
Public District KG-5
0.4 mi
•6210 108th St
4
Elm Tree Elementary School
Public District PK-5
0.6 mi
•5051 98th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,373. The most common annual income of people living in Carona, NY is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
30%
<35k
55%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
35%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5414 111th St in Carona, NY and zip code 11368 in the Northwestern Queens neighborhood. This 8,652 square foot home was built in 2013. Features: 8 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $4,080,000.
While more than 208 listings in Carona, NY in January 2025 were sold above asking price, there were more than 890 listings sold at asking price, and more than 759 were sold below. The number of homes for sale in Carona, NY decreased by 3.4% between December and January 2025. In January 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $862,270.
From Rocket Homes Real Estate and based on county public records data.