new - 1 day on rocket

5414 111th St, Flushing, NY, 11368

$3,480,000

16 Bedrooms
8 Full Baths
8,652 SqFt
$402/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
Parking6+ Spaces, Detached Garage, Parking Area, Private Drive
Year Built2013
HeatingBaseboard, Natural Gas
CoolingWall Unit(s), Other
FireplaceStove, Other
MLS #487091
StatusActive

About 5414 111th St

Prime location of Corona, 5 Stories 8 apartments elevator building with 4 cars garage, excellence condition, 2 beds and 1 bath on each unit, separate heat and hot water, tenants pay their utilities, $240,000 gross income annual, net income $225,000, 6.5% return cap rate, it still has 15 years tax abate, Do not miss it.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2013
  • Stories: 5
  • Living Area: 8,652 SqFt

Listing Office:

  • Office Name: Century 21 Realty First

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Other
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Elevator
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • Exterior: Elevator, Other

Parking Information:

  • Attached Garage: No
  • Parking: 6+ Spaces, Detached Garage, Parking Area, Private Drive

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Wall Unit(s), Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,480,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $3,017
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$853.8K

Med. Price/SqFt

$636

Avg. Days On Market

87

# of Sold Homes

1854

5414 111th St vs New York

1 DAY ON ROCKET

-86 Days

$3,480,000

+$2.6M More

$402/SqFt

-$235 Less

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $235/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487091

Listing Office:

  • Office Name: Century 21 Realty First

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 10/30/2024, 5:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 2019Home Sold
$3,480,000
Nov 16, 2005Home Sold
$865,000
Aug 04, 2005Home Sold
$735,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,017$549,900
2018$3,051$540,287
2017$3,119$500,266

History based on county public records data.

Payment Calculator

$17.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-393976
2
/10
  • PS 14 Fairview

  • 10701 Otis Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-393977
5
/10
  • PS 220 Edward Mandel

  • 6210 108th St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-393978
4
/10
  • PS 16 The Nancy Debenedittis School

  • 4115 104th St

  • 0.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,373. The most common annual income of people living in New York, NY is between $35k-100k. The most common type of family is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkQueens CountyNew York113685414 111th St

This home is located at 5414 111th St in Flushing, NY and zip code 11368 in the Northwestern Queens neighborhood. This 8,652 square foot home was built in 2013. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $3,480,000.

New York, NY housing market in September 2024 saw over 238 listings sold above listed price, more than 765 sold at listed price and over 851 sold below. In September 2024 in New York, NY there were 3% more homes for sale than in August 2024. Listings spent 87 days on the market in September 2024, and had a median list price of $853,828 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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