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
$3,524,700 Zestimate®
$457/sqft
$-- HOA
What's special
Four car detached garagePrivate drivewayPrivate balcony
- 179 days |
- 186 |
- 6 |
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: 180 days
Estimated market value
$3,524,700
$3.31M - $3.74M
$2,889/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
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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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