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!!!
For sale
$3,950,000
5414 111th St, Flushing, NY 11368
16beds
8,652sqft
Multi Family
Built in 2013
-- sqft lot
$3,530,300 Zestimate®
$457/sqft
$-- HOA
What's special
Four car detached garagePrivate drivewayPrivate balcony
- 189 days |
- 197 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: December 11, 2025 at 08:24am
Listing by:
Tiger Realty 917-708-9966,
XueYan (Maggie) LI 917-801-9738
Source: BNYMLS,MLS#: 495771
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas, Hot Water
Cooling
- Has cooling: Yes
Appliances
- Included: Refrigerator, Stove, Gas Water Heater
Features
- Flooring: Hardwood, Tile, Other
- Basement: Finished
Interior area
- Total structure area: 8,652
- Total interior livable area: 8,652 sqft
Property
Parking
- Total spaces: 6
- Parking features: Private Drive, 6+ Spaces
- Has uncovered spaces: Yes
Features
- Stories: 5
Lot
- Size: 3,742 Square Feet
- Dimensions: 37x100
- Features: Back Yard
Details
- Foundation area: 1786
- Zoning: R6B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 2013
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Queens
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $457/sqft
- Annual tax amount: $3,095
- Date on market: 9/15/2025
- Cumulative days on market: 190 days
Estimated market value
$3,530,300
$3.32M - $3.71M
$2,798/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Price change | $3,950,000-3.2%$457/sqft |
Source:  BNYMLS #495771 Report a problem | ||
| 12/19/2024 | Price change | $4,080,000+17.2%$472/sqft |
Source: BNYMLS #488177 Report a problem | ||
| 10/29/2024 | Price change | $3,480,000-12.6%$402/sqft |
Source: BNYMLS #487091 Report a problem | ||
| 2/14/2024 | Listed for sale | $3,980,000-2.9%$460/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #3531651 Report a problem | ||
| 11/6/2023 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #3450909 Report a problem | ||
| 1/5/2023 | Listed for sale | $4,100,000+13.9%$474/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3450909 Report a problem | ||
| 5/3/2019 | Listing removed | $3,599,000$416/sqft |
Source: Realty Executives Today Report a problem | ||
| 2/12/2019 | Price change | $3,599,000-2.2%$416/sqft |
Source: Realty Executives Today Report a problem | ||
| 2/5/2019 | Price change | $3,680,000+0.8%$425/sqft |
Source: Realty Executives Today Report a problem | ||
| 7/17/2018 | Price change | $3,650,000-3.9%$422/sqft |
Source: Realty Executives Today Report a problem | ||
| 4/4/2018 | Price change | $3,800,000-5%$439/sqft |
Source: Realty Executives Today Report a problem | ||
| 10/26/2017 | Price change | $3,999,000-11.1%$462/sqft |
Source: Realty Executives Today Report a problem | ||
| 8/5/2017 | Listed for sale | $4,500,000+889%$520/sqft |
Source: Realty Executives Today #2960968 Report a problem | ||
| 6/25/2015 | Listing removed | $1,350 |
Source: Realty Report a problem | ||
| 6/3/2015 | Listed for rent | $1,350 |
Source: Realty Report a problem | ||
| 3/21/2010 | Listing removed | $455,000$53/sqft |
Source: Graceful Park Realty Report a problem | ||
| 2/4/2010 | Listed for sale | $455,000$53/sqft |
Source: Graceful Park Realty Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: Corona
Nearby schools
GreatSchools rating
- 4/10Ps 14 FairviewGrades: K-5Distance: 0.2 mi
- 4/10Is 61 Leonardo Da VinciGrades: 6-8Distance: 0.6 mi
- 7/10High School for Arts and BusinessGrades: 9-12Distance: 0.3 mi
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