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USANYCorona5014 111Th St
View of side of property featuring a balcony and a gate | Image 1
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$3,150,000

5014 111 Th St, Corona, NY

House

For Sale

$--,---,---
340
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1092 sqft
Garage No
Taxes $5,000
Days Active 4
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $2,884
MLS® Number 914949

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Great Development Opportunity: • Address: 5008- 5014 111th Street, Corona, NY 11368 • Asking price: $6.25 million. Land Size: 10, 000 sq. Ft. • Buildable Area (FAR 2.4): 24, 000 sq. Ft. • Planned Units: 40 residential condos • Parking: 20 spaces This opens the door to a much larger and more impactful project in one of the most promising areas of Queens—a rare chance to invest in real estate positioned for strong returns and long-term value. Zoned R6B, the planned development will deliver 24, 000 sq. Ft. Of premium living space with parking, designed to meet the rising demand for quality housing in the Flushing/Corona market. Construction is scheduled to begin in Q2 2025, with sales completion by 2027, allowing investors to capture the benefits of a booming market driven by population growth, strong rental demand, and unmatched proximity to cultural and recreational landmarks. Directly across from Flushing Meadows–Corona Park, one of New York City’s most visited destinations with over 9 million annual visitors, this project offers both exceptional visibility and long-term desirability. Strong demand. Prime location. Reliable returns. This is more than a real estate project—it’s a landmark growth opportunity in the heart of New York.Show Description
MLS® Number914949
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1148
Exterior
GarageNo
Approx. Age1940
BasementPartial
Driveway
Garage Spaces
HeatOther
A/CNone
Heating Fuel

Extras

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