12401 111th Avenue, South Ozone Park, NY 11420

$879,000
  • 12401 111th Avenue, South Ozone Park, NY 11420 Main Photo

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Active Price Reduced $40,000 on August 3rd, 2026
BEDS3 BATHS3 full MLS#1016181
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLContact Agent

Property Description

Priced to Sell! Don't miss this rare opportunity to own a corner two-family home with a detached two-car garage in the heart of South Ozone Park. Whether you're looking for a place to call home or an investment with excellent income potential, this property delivers exceptional value. The second-floor apartment has the potential to generate approximately $2,200 per month in rental income, ( Covers about $350,000 Mortgage) providing a great opportunity to help offset your monthly mortgage payment.Step inside this well-maintained, move-in-ready property offering a functional layout and generous living space throughout. The first-floor unit features a spacious living room, an eat-in kitchen, a full bathroom, and generously sized bedrooms. One of the bedrooms provides direct access to a private rear porch, perfect for relaxing or enjoying your morning coffee.The second-floor apartment offers a bright living room, kitchen, a full bathroom, and a spacious bedroom.The fully finished lower level, with the option of a separate entrance, provides outstanding bonus space, including two additional bedrooms, a raised 400-square-foot recreation room or storage area, a full bathroom, a dedicated laundry area with a washer and dryer, and ample storage space.The home is equipped with brand-new ductless split A/C units throughout, including the lower level, ensuring year-round comfort. A brand-new roof adds even more value and peace of mind by minimizing future maintenance costs.Completing this exceptional property is a detached two-car garage with convenient driveway access from 124th Street, a feature rarely found in the area.Conveniently located just a few blocks from schools, public transportation, shopping, parks, and major roadways, this property offers the perfect combination of comfort, convenience, and investment potential.Please note: Some photos have been virtually staged to help illustrate the home's furnishing and design potential. These images are intended solely to help buyers visualize the property's possibilities.

12401 111th Avenue | MLS# 1016181

This multi-family property located at 12401 111th Avenue, South Ozone Park, NY 11420 is currently listed for sale with an asking price of $879,000. 111th Avenue is located within the Contact Agent school district. Search South Ozone Park real estate on asmith.coachrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: ENERGY STAR Qualified Equipment
Fenced: Yes
Garage: 2
Heating: Natural Gas
Home Style: Colonial
Lot Size: 0.05 Acres
Taxes: $5,390
Year Built: 1920

Amenities

Storage

Feature Descriptions

Building Area Total: 1240
Days on Site: 29
Exterior: Aluminum Siding
Fencing: Back Yard, Fenced, Front Yard
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Included In Taxes: Trash
Laundry: In Basement
On Market Date: 2026-07-06
Parcel Number: 11605-0042
Parking Features: Garage
Parking Total: 2
Rental Term: Monthly
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

Listed By / Shown By

Listing By

Agency Name: Realty Executives Today
Agency Contact: 718-274-2400

Shown By

Agent Name: Amanda Smith
Agent Phone: Cell: (516) 870-2113
Agency Title: Howard Hanna | Coach Realtors

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Estimated Payment

$ 4,480.47 per month $3,774.93 Principal & Interest $449.17 Property Tax $256.38 Homeowner's Insurance

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