50-08 111th Street

50-08 111th St
South Corona

$3,150,000
Price
5,000 / 0.11
Lot Size / Acres
View of front of house featuring a fenced front yard
View of Two Lots
View of front of home with a fenced front yard and a gate
View of side of property featuring a balcony and a gate
View of front facade with brick siding
Aerial overview of property's location
Map of property location

Description

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,...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.
  1. Listed by Young Kim • Cana Realty
    P: (347)-542-3105 C: (516)-864-3669 danielkim8777@gmail.com

Property Details for 50-08 111th Street

City/Township
New York
LISTING UPDATED: 09/19/2025 03:36 PM

Property Details for 50-08 111th Street

StatusActive
MLS ID914982
Days on Market101
Taxes$5,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeLand
MLS TypeLand
Year Built1920
Lot Size5,000 SF / 50' x 100'
CountyQueens County

Building

50-08 111th St

1 Units2 StoriesBuilt in 1920

Location

Listing Courtesy of Cana Realty
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Building Information for 50-08 111th Street

Lot Size5,000 SF / 50' x 100'Building Age-Building Type-

Payment Calculator

$15,982 per month

30 year fixed, 6.28% Interest

Principal and Interest

$15,565

Property Taxes

$417

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50-08 111th Street

Summary
Location and General Information
  • Senior Community YN: No
  • State Or Province: NY
School Information
  • School District: Queens 24, Queens24
  • Elementary School District: Queens 24
  • Elementary School: Ps 7 Louis F Simeone
  • Middle Or Junior School District: Queens24
  • Middle Or Junior School: Is 61 Leonardo Da Vinci
  • High School District: Queens24
  • High School: High School For Arts & Business
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02006-0042
  • Association: No
Interior and Exterior Features
Exterior Features
  • Elevation Certificate: No
Lot Information
  • Current Use: Residential
  • Building Area Units: Square Feet
Utilities
  • Sewer: Public Sewer

Public Records for 50-08 111th Street

Taxable ValueLand$21,660Additions$34,980Total$56,640
Tax Record2025$10,291 ($858 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt1,496 SqFtLot Size5,000 SqFtYear Built1920ZoningR6BAPN4020060042

Schools near 50-08 111th Street

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
P.S. 14 Fairview
Public - K to 5
Is 61 Leonardo Da Vinci
Public - 6 to 8
John Bowne High School
Public - 9 to 12
High School for Arts and Business
Public - 9 to 12
Rating
School
Distance
P.S. 14 Fairview
PublicK to 5

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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More information about 50-08 111th Street, South Corona

50-08 111th Street is a 0.11 ac of land for sale in South Corona. This property was listed for sale on September 19, 2025 by Cana Realty, it's currently listed at $3,150,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 14 Fairview, Is 61 Leonardo Da Vinci and John Bowne High School. 50-08 111th Street is a 0-bed, 0-bath, 0.11 ac of land built in 1920 on a 5,000 sq. ft. / 0.11 acres lot.

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 Cana Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2025 04:32 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.