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!!!
Features
- Roof Deck:
- Flat
Address Map
- Where do you want to live:
- 11368
- Street:
- 111th
- Street Number:
- 5414
- Street Suffix:
- Street
- Floor Number:
- 0
- Longitude:
- E0° 0' 0''
- Latitude:
- N0° 0' 0''
MLS Addon
- Property Sub Type:
- Multi-family
- Baths Full:
- 8
- DOM:
- 126
- Residential Features:
- Stove, Laundry Area, Terrace
- Flooring:
- Other
- Parking Attributes:
- 6+ Spaces
- List Office MLSID:
- 117120
- List Office Name:
- Exit Realty Professionals
- List Agent Full Name:
- XueYan (Maggie) LI
- List Agent MLSID:
- XYL5146
- Additional Fee:
- $0
- Assessment Fee:
- $0
- Building Amenities:
- Laundry – Card Operated
- Exterior:
- Brick
- Status:
- Active
- Style:
- High Ranch
- Tax Amount:
- $3,095
Residential For Sale
5414 111th Street, Carona, New York 11368
8 Bathrooms
8,652 Sqft
$4,080,000
Listing ID #488177
Basic Details
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 488177
- Price :
- $4,080,000
- Bathrooms :
- 8
- Square Footage :
- 8,652 Sqft
- Year Built :
- 2013
- Lot Area :
- 3,742 Sqft
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