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45-12 111th St, Corona, NY, 11368

--beds
16baths
5,000sqft
$1,699,000
$340price/sqft
$10,958/moest. monthly cost
$438,320/yrincome needed

About This Home

Solid brick semi-attached 7-family apartment building located in the heart of Corona! Well-maintained and built in 2004, with six 1-bedroom/1-bath apartments and one spacious 3-bedroom/2-bath apartment, with a private balcony. The property is rent-stabilized and benefits from a 25-year 421-a tax exemption scheduled to expire in 2030. The next-door property at 45-10 111th Street is also available for sale, offering a rare opportunity to purchase one building individually or both as a package to expand your investment portfolio. Near the bus Q23, the 111 Street #7 subway station, near shopping, supermarkets, restaurants, schools, parks, and major highways. All information, including but not limited to property condition, income, expenses, rent roll, 421-a benefits, regulatory status, and future rental potential, is deemed reliable but not guaranteed. Individuals are advised to perform their own independent due diligence and verify all information.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2004

Materials

  • Roof: Flat
  • Construction materials: Masonry - Brick,Brick Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bathrooms: 16
  • Full bathrooms: 7
  • 1/2 bathrooms: 9

Features

  • Flooring: Hardwood,Tile
  • Finished area above ground: 5,000

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Zoned
  • Cooling features: Zoned

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Lease amount: 0

Features

  • Stories: 4
  • Fencing: Fenced
  • Frontage length: 0

Lot

  • Lot size: 2,500 sqft
  • Features: Near Bus

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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $8,591$103,092
Home Insurance *$480$5,760
Property Taxes $1,061$12,732
Electricity $826$9,915
Total$10,958$131,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$375,702/yr
40% on housing$328,740/yr
45% on housing$292,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 11368$590
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11368$667
Queens County$600

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)

Price History

DateEventPrice
2026-07-03Listed for sale$1,699,000

New Construction

AgentMillie Hong-jiao
BrokerageEAST COAST NEW YORK

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