49-12 111th St
Corona, NY 11368
Corona- 7 Beds
- 6 Baths
- 3,076 sqft
7 Beds
6 Baths
3,076 sqft
Local Information
-- mins to
Description
Offered for sale FULLY VACANT
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!
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!
Contact this Building
Home Highlights
Parking
Garage
Outdoor
Yes
HOA
None
Price/Sqft
$552
Listed
94 days ago
Last check for updates: about 8 hours ago
Listing by: EXP Realty, (732) 668-1861
Brian Ippoliti
Source: StreetEasy, MLS#S1819735
Home Details for 49-12 111th St
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MLS Status: In Contract |
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Interior Details Number of Rooms: 12 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 5Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 3076 Square Feet |
Appliances & Utilities Appliances: DishwasherDishwasherLaundry: Inside |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
View Has a ViewView: Park/Greenbelt |
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Exterior Home Features Patio / Porch: OtherExterior: Courtyard, Balcony |
Parking & Garage Has a GarageParking: Garage |
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Days on Market: 94 |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,699,000Price Per Sqft: $552 |
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Direction & Address City: CoronaCommunity: Corona |
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Listing Agent Listing ID: S1819735 |
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Building Area Building Area: 3076 Square Feet |
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Has an HOAHOA Fee: No HOA Fee |
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Special Conditions: Resale |
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HOA Amenities: LaundrySTREETEASY Property ID: 24484370STREETEASY Building ID: 6386629 |
Market trends in New York
Last updated May 2026
Avg. sale price
$772K
$5KMoM
Sale-to-List Price
97.8%
Price per sq ft
$643
$10MoM
Available listings
18549
515MoM
Price History for 49-12 111th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/17/2026 | $1,699,000 | Contingent | StreetEasy #S1819735 |
| 04/04/2026 | $1,699,000 | PriceChange | StreetEasy #S1819735 |
| 02/13/2024 | $1,750,000 | PriceChange | OneKey® MLS as distributed by MLS GRID #3511694 |
| 10/19/2023 | $1,800,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #3511694 |
| 07/01/2023 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3384477 | |
| 01/18/2023 | $1,680,000 | Pending | OneKey® MLS as distributed by MLS GRID #3384477 |
| 01/18/2023 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3384477 | |
| 08/16/2022 | $1,680,000 | Pending | OneKey® MLS as distributed by MLS GRID #3384477 |
| 03/19/2022 | $1,680,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #3384477 |
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Comparable Sales for 49-12 111th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $1,080,000 | 08/13/25 | 7 | 4 | 3,630 | |
0.10 | Multi-Family Home | $1,420,000 | 08/25/25 | 6 | 4 | 3,000 | |
0.26 | Multi-Family Home | $1,585,000 | 12/23/25 | 7 | 5 | 3,192 | |
0.09 | Multi-Family Home | $1,100,000 | 10/29/25 | 4 | 3 | 2,860 | |
0.38 | Multi-Family Home | $1,300,000 | 12/11/25 | 9 | 5 | 3,975 | |
0.48 | Multi-Family Home | $1,500,000 | 07/02/26 | 8 | 5 | 3,342 | |
0.29 | Multi-Family Home | $1,265,000 | 03/31/26 | 6 | 3 | 2,350 | |
0.42 | Multi-Family Home | $1,775,000 | 01/01/26 | 7 | 4 | 2,313 | |
0.34 | Multi-Family Home | $830,000 | 03/24/26 | 7 | 4 | 1,778 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 49-12 111th St.
What Locals Say about Corona
At least 976 Trulia users voted on each feature.
85 % Say it's walkable to grocery stores
83 % Say there are sidewalks
79 % Say it's dog friendly
79 % Say it's walkable to restaurants
69 % Say streets are well-lit
64 % Say kids play outside
60 % Say there's holiday spirit
56 % Say people would walk alone at night
48 % Say they plan to stay for at least 5 years
47 % Say yards are well-kept
45 % Say neighbors are friendly
41 % Say car is needed
41 % Say it's quiet
33 % Say there's wildlife
32 % Say there are community events
25 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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