5414 111th St, Flushing, NY, 11368
About This Home
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!!!
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 2013
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Refrigerator,Stove,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Hardwood,Tile,Other
Heating
- Heating features: Natural Gas,Hot Water
Interior Area
- Total structure area: 8,652
- Total interior livable area: 8,652 sqft
Property
Details
- Zoning: R6B
- Special condition: Arm's Length
- Foundation area: 1786
Features
- Stories: 5
Lot
- Lot size: 3,742 sqft
- Features: Back Yard
- Lot size dimensions: 37x100
Parking
- Total spaces: 6
- Parking features: Private Drive,6+ Spaces
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,973 | $239,676 |
| Home Insurance * | $1,117 | $13,404 |
| Property Taxes | $2,468 | $29,616 |
| Electricity | $1,429 | $17,157 |
| Total | $24,987 | $299,844 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-11 | Price change | $3,950,000 |
| 2024-12-19 | Price change | $4,080,000 |
| 2024-10-29 | Price change | $3,480,000 |
| 2024-02-14 | Listed for sale | $3,980,000 |
| 2023-11-06 | Listing removed | -- |
| 2023-01-05 | Listed for sale | $4,100,000 |
| 2019-05-03 | Listing removed | $3,599,000 |
| 2019-02-12 | Price change | $3,599,000 |
| 2019-02-05 | Price change | $3,680,000 |
| 2018-07-17 | Price change | $3,650,000 |
| 2018-04-04 | Price change | $3,800,000 |
| 2017-10-26 | Price change | $3,999,000 |
| 2017-08-05 | Listed for sale | $4,500,000 |
| 2015-06-25 | Listing removed | $1,350 |
| 2015-06-03 | Listed for rent | $1,350 |
| 2010-03-21 | Listing removed | $455,000 |
| 2010-02-04 | Listed for sale | $455,000 |
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