For sale

$3,950,000

5414 111th St, Flushing, NY 11368

16beds

8,652sqft

Multi Family

Built in 2013

-- sqft lot

$-- Zestimate^®

$457/sqft

$-- HOA

What's special

Four car detached garagePrivate drivewayPrivate balcony

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!!!

250 days

134

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8
Full bathrooms: 8

Heating

Natural Gas, Hot Water

Cooling

Has cooling: Yes

Appliances

Included: Refrigerator, Stove, Gas Water Heater

Features

Flooring: Hardwood, Tile, Other
Basement: Finished

Interior area

Total structure area: 8,652
Total interior livable area: 8,652 sqft

Property

Parking

Total spaces: 6
Parking features: Private Drive, 6+ Spaces
Has uncovered spaces: Yes

Features

Stories: 5

Lot

Size: 3,742 Square Feet
Dimensions: 37x100
Features: Back Yard

Details

Foundation area: 1786
Zoning: R6B
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat

Condition

Year built: 2013

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Subdivision: Queens

Location

Region: Flushing

Financial & listing details

Price per square foot: $457/sqft
Annual tax amount: $3,095
Date on market: 9/15/2025
Cumulative days on market: 251 days

Estimated market value

Not available

Estimated sales range

Not available

$3,116/mo

Price history

Date	Event	Price
12/11/2025	Price change	$3,950,000-3.2%$457/sqft
Source: BNYMLS #495771 Report a problem
12/19/2024	Price change	$4,080,000+17.2%$472/sqft
Source: BNYMLS #488177 Report a problem
10/29/2024	Price change	$3,480,000-12.6%$402/sqft
Source: BNYMLS #487091 Report a problem
2/14/2024	Listed for sale	$3,980,000-2.9%$460/sqft
Source: OneKey® MLS as distributed by MLS GRID #3531651 Report a problem
11/6/2023	Listing removed	--
Source: OneKey® MLS as distributed by MLS GRID #3450909 Report a problem
1/5/2023	Listed for sale	$4,100,000+13.9%$474/sqft
Source: OneKey® MLS as distributed by MLS GRID #3450909 Report a problem
5/3/2019	Listing removed	$3,599,000$416/sqft
Source: Realty Executives Today Report a problem
2/12/2019	Price change	$3,599,000-2.2%$416/sqft
Source: Realty Executives Today Report a problem
2/5/2019	Price change	$3,680,000+0.8%$425/sqft
Source: Realty Executives Today Report a problem
7/17/2018	Price change	$3,650,000-3.9%$422/sqft
Source: Realty Executives Today Report a problem
4/4/2018	Price change	$3,800,000-5%$439/sqft
Source: Realty Executives Today Report a problem
10/26/2017	Price change	$3,999,000-11.1%$462/sqft
Source: Realty Executives Today Report a problem
8/5/2017	Listed for sale	$4,500,000+889%$520/sqft
Source: Realty Executives Today #2960968 Report a problem
6/25/2015	Listing removed	$1,350
Source: Realty Report a problem
6/3/2015	Listed for rent	$1,350
Source: Realty Report a problem
3/21/2010	Listing removed	$455,000$53/sqft
Source: Graceful Park Realty Report a problem
2/4/2010	Listed for sale	$455,000$53/sqft
Source: Graceful Park Realty Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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