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$1,669,267
List Price: $1,699,000
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4912 111th Street
House in Corona •  building info
7bd • 6ba • 2,500ft² $680 per ft²
Buy with Yoreevo

$1,669,267

List Price

$1,699,000

Key Details
Days on market
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Last price change
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Estimated payment
$10,077/mo
Taxes
$909/mo
Maintenance
N/A
Description
Incredible opportunity for both investors and end-users alike to purchase this fully vacant multifamily property in Corona Queens located directly across the street from Flushing Meadows Corona Park. This massive property spans over 3,000 square feet of livable space with 3 full stories PLUS a basement and garage on a 25 x 100 lot with R6B Zoning. The first floor is fully above ground and features a bonus space that can be utilized totally dependent on the owners imagination with a recreational space, full bathroom and direct access to the backyard. The second floor is a spacious 3 bedroom, 2.5 bathroom nd features a private balcony off the living room and rear yard access off the bedroom. The third floor features another 3 bedrooms, 2.5 bathrooms and balcony as well. The property presents fantastic income potential with similar 3 bedroom units currently renting out for $3,500 monthly. The potential rent roll post closing could be over $114,000 gross when taking into account the full house, yard and parking. An end user looking to live in the property could expect a potential of $4,000 in monthly rental income to offset their mortgage. Conveniently located across from the park / opposite the Flushing Meadow main entrance and walkway path, leading directly to Author Ashe Stadium and Citifield. Just a short walk to 111th st Subway stop for the 7 Train, this is one of the best locations that Corona has to offer. Shopping, dining, grocery stores, and everything you could possibly need located a few blocks away at Roosevelt Avenue. Reach out today - this one won't last!

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,699,000
Asking Price: $1,699,000
Term
30 Years
Down Payment
$169,000 (10%)
Min: 10% (169,000)
Rate
6.0 %
Mortgage Amount
$1,529,100
Mortgage Payment
$9,168
Taxes
$909
Estimated Yoreevo rebate
$29,733
Estimated closing cost
$60,000
Total monthly cost $10,077
Buy your dream home with us and get an estimated $29,733 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of eXp Realty

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