5008 111th St, Corona, NY 11368

Address: 5008- 5014 111th Street, Corona, NY 11368 n Asking price: $6.25 million. Land Size: 10,000 sq. ft.n Buildable Area (FAR 2.4): 24,000 sq. ft.n Planned Units: 40 residential condosn Parking: 20 spacesnnThis 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.nnZoned 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.nnConstruction 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.nnDirectly across from Flushing MeadowsCorona Park, one of New York Citys most visited destinations with over 9 million annual visitors, this project offers both exceptional visibility and long-term desirability.nnStrong demand. Prime location. Reliable returns.nThis is more than a real estate project-its a landmark growth opportunity in the heart of New York.