54-14 111th ST, Corona, NY 11368
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54-14 111th ST, Corona, NY 11368
54-14 111th ST, Corona, NY 11368
54-14 111th ST, Corona, NY 11368
54-14 111th ST, Corona, NY 11368
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Nia Casilla

Nia Casilla

Rockaway Properties

+1(646) 712-0400
$ 3,950,000
Est. payment /mo
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Price Dropped by $130K

54-14 111th ST Corona, NY 11368

16 Beds

8 Baths

8,652 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,652 sqft

Price per Sqft $456

MLS Listing ID 495771

Bedrooms 16

Full Baths 8

Year Built 2013

Annual Tax Amount $3,095

Property Sub-Type Multi-Family

Property 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. Can't miss the golden opportunity to own this money maker!!!

Location

State NY

County Queens

Area Corona

Zoning R6B

Rooms

Basement Finished

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood, Tile, Other

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Flat

Handicap Access No

Building

Story 5

Foundation Poured Concrete

Others

Energy Description Gas

Financing Bank Mortgage,Cash

Listed by Tiger Realty

NEARBY SCHOOLS & PROPERTIES

Nia Casilla

Nia Casilla

Licensed Associate Broker | License ID: 10301208805

+1(646) 712-0400

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