117-05 111th Avenue, South Ozone Park, NY 11420

New - 44 Hours Ago

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Property Description

Prime Two-Family Turnkey Income Producer with Common Foyer, Walk-In Basement & 2-Car Garage! Welcome to 117-05 111th Street an exceptional Two-Family residence offering a rare blend of space, flexibility, and investment potential in the highly sought-after neighborhood of South Ozone Park. Situated on a prominent corner lot, this property is the ultimate package for savvy investors looking for immediate rental income or homeowners seeking a spacious primary residence with a built-in tenant to offset their mortgage! Each unit offers a spacious and functional layout flooded with natural light, perfect for comfortable living or top-market rental potential. With a Bonus Walk-In Basement, the property boasts a massive, highly versatile opportunity complete with generous ceiling heights; this substantial bonus space is perfect for a home office, recreation room, massive storage hub, or multi-generational family use. Coveted Parking & Storage so you can say goodbye to street parking hassles. This property features a rare 2-car detached garage paired with a private driveway, providing excellent vehicle security, storage, or additional income potential. The benefits keep getting better with this true commuter's paradise! Your tenants will love being just minutes away (.4 miles) from the 111th St Elevated Subway Station (A Train) for a direct ride into Brooklyn and Manhattan. Extensive local and express bus option including the Q37, Q10, Q112, and the QM18 Midtown Express (.02 to .1 miles). This premier Queens Location is even beneficial when commuting by car as you have quick access to the Van Wyck Expressway (I-678) and the Belt Parkway. Plus, you are perfectly positioned just minutes from JFK International Airport, vibrant local shopping corridors, popular dining options, and local schools (PS100 Glen Morris, JHS 226 Virgil I Grissom/Hawtree and John Adams HS).Whether you want to live in one unit and rent out the other, house an extended family comfortably under one roof, or add a high-yielding asset to your real estate portfolio, 117-05 111th Street is a rare Queens gem waiting to be claimed. Bring your vision and come check it out!

117-05 111th Avenue | MLS# 1047797

This multi-family property located at 117-05 111th Avenue, South Ozone Park, NY 11420 is currently listed for sale with an asking price of $1,199,999. 117-05 111th Avenue is located within the Queens 27 school district. Search South Ozone Park real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partial, Storage Space, Walk-Out Access
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Natural Gas, Steam
Home Style: Colonial
Lot Size: 0.07 Acres
Taxes: $7,161
Year Built: 1920

Amenities

First Floor Bedroom
First Floor Full Bath
Entrance Foyer
Formal Dining

Feature Descriptions

Attic: Unfinished, Walkup
Building Area Total: 1616
Days on Site: 1
Exterior: Aluminum Siding, Frame
Formal Dining: Yes
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Lot Dimensions: 30 x 100
Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Near School, Near Shops
On Market Date: 2026-09-09
Parcel Number: 11598-0041
Parking Features: Detached, Driveway, Garage, Garage Door Opener, Oversized, Private, Storage
Patio And Porch: Patio
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 1
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: John Adams High School
Middle School: Jhs 226 Virgil I Grisson
Elementary School: Ps 100 Glen Morris
School District: Queens 27

Estimate Your Payment

Estimated Payment

$ 3,617.43 per month $2,670.68 Principal & Interest $596.75 Property Tax $350.00 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: John Savoretti Realty
Agency Contact: 516-870-6007

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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