$1,431,413*
↓ $245K (15.4%)
●
Commercial -
Off Market
41-08 111th Street
Corona, NY 11368
Studio
0 Bath
$1,215,000 - $1,485,000
Reference Base Price*
6.03%
Since Jul 1, 2022
NY-New York
Primary Model
About This Property
Property is being SOLD as is, where no representations are made by
the seller. 6 Unit building ( Four 2 bed/ 1 bath units, Two 1 bed/
1 bath units) with rent stabilized units. Price set in order to be
delivered vacant. Purpose of the sale is to offer this 4,350 sq. ft
property with the intention of being converted into either a single
family home or into condominiums, thereby freeing the building from
rent stabilization. Current taxes (annually) are noted in the
listing information, and has been reduced , but the seller has
filed for tax reduction as comparable properties in the
neighborhood are paying less.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,859
HOA Dues
-
Year Built
1973
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2022 | Price Decreased |
$1,350,000
↓ $245K
(15.4%)
|
|
| Price Decreased | |||
| Apr 27, 2022 | Listed | $1,595,000 | |
| Listed | |||
| Sep 28, 2018 | Sold to 4108 Realty Llc | $475,000 | |
| Sold to 4108 Realty Llc | |||
Property Highlights
41-08 111th Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
2
Baths
-
$1,200,000
Oct 24, 2019
$1,200,000
Mar 9, 2020
$541/mo
Sold
Multifamily
5
Beds
2
Baths
-
$1,100,000
Feb 18, 2020
$1,100,000
Mar 4, 2021
$518/mo
Sold
Multifamily
6
Beds
2
Baths
-
$1,270,000
Aug 25, 2020
$1,270,000
Dec 15, 2020
$569/mo
Sold
Multifamily
6
Beds
2
Baths
-
$1,250,000
Jan 16, 2022
$1,250,000
Apr 29, 2022
$706/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/10/2023
|
|
11 Bed
|
6 Bath
|
-
|
$1,190,000
11 Bed
6 Bath
|
-
-
|
-
|
Xun Lin
Winzone Realty Inc
|
|
04/27/2022
|
Loft
|
-
|
-
|
$1,350,000
Loft
-
|
-
-
|
-
|
Dean Schneider
LAFFEY REAL ESTATE
|
|
|
04/27/2022
|
|
Loft
|
-
|
-
|
$1,595,000
Loft
-
|
-
-
|
-
|
Dean Schneider
LAFFEY REAL ESTATE
|
|
11/09/2020
|
|
8 Bed
|
6 Bath
|
-
|
$1,100,000
8 Bed
6 Bath
|
-
-
|
-
|
Yu Chen
Modern Realty and Management
|
Building Info
41-8 111th Street
41-8 111th Street, Corona, NY 11368
- 6 Units
- 1 Unit for Sale
