5008 111th ST Corona, NY 11368
3 Beds
2 Baths
1,496 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,496 sqft
Price per Sqft $2,105
MLS Listing ID 914971
Style Other
Bedrooms 3
Full Baths 2
HOA Y/N No
Rental Info No
Year Built 1920
Annual Tax Amount $5,000
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Single Family Residence
Source onekey2
Property Description
• 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.
Location
State NY
County Queens
Interior
Interior Features Other
Heating Other
Cooling None
Fireplace No
Appliance Other
Exterior
Utilities Available Sewer Connected
Garage false
Private Pool No
Building
Foundation Other
Sewer None
Water None
Structure Type Other
Schools
Elementary Schools Ps 7 Louis F Simeone
Middle Schools Is 61 Leonardo Da Vinci
High Schools Queens24
School District Queens24
Others
Senior Community No
Special Listing Condition None
