MLS#1026606
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLQueens 27
Property Description
Exceptional mixed-use investment opportunity in the heart of South Ozone Park! This income-producing property features one ground-floor commercial storefront and two residential apartments on the second floor, consisting of one 2-bedroom unit and one 1-bedroom unit. Each of the three units has separate gas and electric meters, providing convenience for both owners and tenants.Currently generating **$79,800 in annual rental income**, this property presents an excellent opportunity for investors seeking stable cash flow or owner-users looking to offset ownership costs with rental income. Located in an **R3/C1 zoning district**, the property offers a desirable combination of residential and commercial use in a well-established neighborhood.Ideally situated on a busy commercial corridor with excellent visibility, the property is just minutes from public transportation, major highways, shopping, schools, restaurants, and JFK Airport. Whether you're looking to expand your investment portfolio or acquire a versatile mixed-use asset in a high-demand Queens location, this is an opportunity you won't want to miss.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full
Cooling: Multi Units
Heating: Baseboard
Lot Size: 0.05 Acres
Stories: 2.0
Taxes: $25,443
Feature Descriptions
Building Area Total: 1600
Business Type: Laundromat
Cap Rate: 4
Common Walls: 2+ Common Walls
Days on Site: 1
Exterior: Brick
House Faces: South
On Market Date: 2026-07-15
Parcel Number: 4116060036
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Queens 27
Listed By / Shown By
Listing By
Agency Name: Baring Homes Corp
Agency Contact: 347-951-6729
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
111 Avenue | MLS# 1026606
This commercial property located at 111 Avenue , South Ozone Park, NY 11420 is currently listed for sale with an asking price of $1,200,000. Avenue is located within the Queens 27 school district. Search South Ozone Park real estate on www.cbamhomes.com today.