49-12 111th Street































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...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!
- Listed by Brian Ippoliti • eXp RealtyP: (888)-276-0630 C: (732)-668-1861 brian@succeedrealestate.team
Property Details for 49-12 111th Street
Property Details for 49-12 111th Street
| Status | Active |
|---|---|
| MLS ID | 978360 |
| Days on Market | 11 |
| Taxes | $11,139 / year |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | - |
| Property Type | Multi Family |
| MLS Type | Triplex |
| Year Built | 1970 |
| Lot Size | 2,500 SF / 25' x 100' |
| County | Queens County |
Building
49-12 111th St
Location
Building Information for 49-12 111th Street
Payment Calculator
$9,484 per month
30 year fixed, 6.46% Interest
$8,555
$928
$0
Property Information for 49-12 111th Street
- Senior Community YN: No
- Property Attached: Yes
- Structure Type: true
- State Or Province: NY
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Beds Total: 3
- Unit Type Baths Total: 3
- Number Of 1 Bedrooms: 0.0
- Number Of 2 Bedrooms: 0.0
- Number Of 3 Bedrooms: 2.0
- Number Of 4 Bedrooms: 0.0
- Building Units Total: 2
- Parcel Number: 02005-0043
- Tax Assessed Value: $90,420.00
- Tax Source: Other
- Tax Year: 2025.0
- Amenities: Primary Bathroom, Public
- Interior Features: Primary Bathroom
- Basement: Partially Finished
- Basement: Yes
- Exterior Property Features: Garage
- Elevation Certificate: No
- Construction Materials: Brick
- Building Area Units: Square Feet
- Parking Features: Garage
- Garage: Yes
- Carport: No
- Cooling: Wall/Window Unit(s)
- Heating: Baseboard
- Heat Fuel Type: Baseboard
- Sewer: Public Sewer
- Water Source: Public
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
- Green Features: Baseboard
- Down Payment Resource: No
Property History for 49-12 111th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 2, 2026 | Listed (Active) ONEKEY #978360 | $1,699,000 | — |
| Apr 1, 2026 | Temporarily Off Market ONEKEY #946363 | $1,795,000 | — |
| Apr 1, 2026 | Temporarily Off Market ONEKEY #918695 | $1,795,000 | — |
| Feb 16, 2026 | Temporarily Off Market ONEKEY #946363 | $1,795,000 | — |
| Dec 26, 2025 | Listed (Active) ONEKEY #946363 | $1,795,000 | — |
| Dec 24, 2025 | Permanently Off Market ONEKEY #918695 | $1,795,000 | — |
| Dec 6, 2025 | Price Change ONEKEY #918695 | $1,800,000 | — |
| Sep 29, 2025 | Listed (Active) ONEKEY #918695 | $1,825,000 | — |
| Dec 17, 2024 | Temporarily Off Market ONEKEY #3511694 | $1,750,000 | — |
| Oct 19, 2023 | Listed (Active) ONEKEY #3511694 | $1,800,000 | — |
| Sep 18, 2022 | Temporarily Off Market ONEKEY #3384477 | $1,680,000 | — |
| Mar 18, 2022 | Listed (Active) ONEKEY #3384477 | $1,680,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/02/2026 | Listed (Active) ONEKEY #978360 | $1,699,000 |
| 04/01/2026 | Temporarily Off Market ONEKEY #946363 | $1,795,000 |
| 04/01/2026 | Temporarily Off Market ONEKEY #918695 | $1,795,000 |
| 02/16/2026 | Temporarily Off Market ONEKEY #946363 | $1,795,000 |
| 12/26/2025 | Listed (Active) ONEKEY #946363 | $1,795,000 |
| 12/24/2025 | Permanently Off Market ONEKEY #918695 | $1,795,000 |
| 12/06/2025 | Price Change ONEKEY #918695 | $1,800,000 |
| 09/29/2025 | Listed (Active) ONEKEY #918695 | $1,825,000 |
| 12/17/2024 | Temporarily Off Market ONEKEY #3511694 | $1,750,000 |
| 10/19/2023 | Listed (Active) ONEKEY #3511694 | $1,800,000 |
| 09/18/2022 | Temporarily Off Market ONEKEY #3384477 | $1,680,000 |
| 03/18/2022 | Listed (Active) ONEKEY #3384477 | $1,680,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 49-12 111th Street
Schools near 49-12 111th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 28 Thomas Emanuel Early Childhood Center PublicPK to 2 | ||
Is 61 Leonardo Da Vinci Public6 to 8 | ||
John Bowne High School Public9 to 12 | ||
High School for Arts and Business Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of eXp Realty
Based on information submitted to the MLS GRID as of 04/07/2026 07:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
































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