5414 111th Street
$4,080,000
—
8
8,652
8,652
$472
Description
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....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!
- Listed by XueYan (Maggie) LI • Exit Realty Professionals • 6+ Spaces
- Listed by Jian Yang (Carey) • Exit Realty Professionals
Amenities
- Balcony
- Laundry in Building
- Driveway
- Garage
- Parking Included
- Private Outdoor Space
- Detached Garage
LISTING UPDATED: 12/20/2024 11:47 AM
Property Details for 5414 111th Street
Status | Active |
---|---|
MLS ID | 488177 |
Days on Market | 4 |
Taxes | $3,095 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Multi Family |
MLS Type | Residential |
Year Built | 2013 |
Lot Size | 3,742 SF |
County | Queens County |
Building Information for 5414 111th Street
Stories5Residences-Year Built2013Building Size-Lot Size3,742 SFBuilding Age-Building Type-
Property Information for 5414 111th Street
Property History for 5414 111th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5414 111th Street
This home is within New York City Geographic District #24.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 14 Fairview PublicK to 5 | ||
Is 61 Leonardo Da Vinci Public6 to 8 | ||
John Bowne High School Public9 to 12 | ||
High School for Arts and Business Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.