No photo available
$945,000 -$50,000 (-5.03%) Price Reduced
Property Description
Welcome to this beautifully maintained, move-in-ready two-family home situated on a prime corner lot in highly desirable South Ozone Park! Perfect for investors or savvy homebuyers seeking excellent rental income to help offset their monthly mortgage payment, this turnkey property is in great condition with nothing to do but move right in. The first-floor unit features a spacious living room, kitchen, a full bathroom, and generously sized bedrooms. The bedroom offers direct access to a private back porch, perfect for enjoying your morning coffee or relaxing outdoors. The second-floor unit includes a bright living room, kitchen, full bathroom, and one spacious bedroom. Downstairs, the fully finished lower level-which has a separate entrance if needed-provides excellent bonus space with two additional bedrooms and an elevated 400 sq ft room that can be used as a recreation area or extra storage. This level also features a full bathroom, a dedicated laundry area with a washer and dryer and ample storage space. BRAND NEW Ductless split AC units throughout the house ensure year- round comfort, including the lower level. For added peace of mind, the home also features a brand-new roof, offering years of worry-free ownership and minimizing major maintenance expenses. One of the standout features of this corner property is the detached two-car garage in the rear, providing convenient parking with direct driveway access from 124th Street. Ideally located within few blocks of 3 public schools and few blocks from public transportation, shopping, parks, and major roadways, this exceptional property offers comfort, convenience, and outstanding investment potential. Don't miss this fantastic opportunity!
Full Property Details
Full Property Details for 124-01 111th Ave
General
- Price: $945,000
- Taxes: $5,390
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1016181
- Updated: 7/13/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Storage
- Laundry Facilities: Yes
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage
Location
- County: Queens
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
- Heating Type: Natural Gas
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 1240
- Square Feet: 1,240
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,200
- Fence: Yes
- Fencing (Description): Back Yard, Fenced, Front Yard
Financial Considerations
- Taxes Include: Trash
- Tax Amount: $5,390.68
Disclosures and Reports
- Special Conditions: None
- Property ID: 11605-0042
- Block: 11605
- Lot Number: 42
Listed by Realty Executives Today
Get Pre-Approved Today
Schools
Schools serving 124-01 111th Ave
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 121 126-10 109th Ave, Queens, NY 11420 | K-5 | 0.2 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 1.9 mi |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 1.9 mi |
John Adams High School 101-01 Rockaway Blvd, Queens, NY 11417 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124-01 111th Ave
Date
Details
Price
Change
Source
7/12/2026
Price Reduced
$945,000
-5.03%
MLS
7/06/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124-01 111th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,380
—
$32,714
6%
2025
$5,380
-3%
$30,864
-28%
2024
$5,567
—
$42,840
47%
2023
$5,567
—
$29,117
-25%
2022
$5,554
2%
$38,700
21%
2021
$5,441
6%
$32,100
-7%
2020
$5,148
6%
$34,560
17%
2019
$4,840
5%
$29,580
22%
2017
$4,594
—
$24,264
1%
2017
$4,594
9%
$24,004
6%
2016
$4,232
9%
$22,718
6%
2015
$3,882
9%
$21,433
6%
2015
$3,569
7%
$20,220
-4%
2013
$3,349
—
$21,012
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124-01 111th Ave
12401 111th Avenue, Ozone Park, NY 11420 (MLS# 1016181) is a Multi-Family property with 2 units containing 3 bedrooms and 3 full bathrooms. 12401 111th Avenue is currently listed for $945,000 and was received on July 06, 2026. Want to learn more about 12401 111th Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Ozone Park? You can browse all South Ozone Park real estate or contact a Coldwell Banker agent to request more information.
