5414 111th Street, Carona, NY 11368

$4,080,000

bedrooms

bathrooms

square feet

8,652

Acreage

0.08590449954086318

Open Houses

year built

2013

Full Baths

Half Baths

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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!!!

Location
Subdivision	-
County	Queens
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 488177

Listing agent: Xueyan (Maggie) Li

Listing broker: Exit Realty Professionals (718) 838-2600

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Last update: Tuesday, April 22 2025 at 3:07 p.m. EDT

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