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$705,000
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Property Description
Mixed-Use Property for Sale with Prime Location and Excellent Potential! This 2,480 sq. ft. mixed-use building (Building Size: 20x62) showcases an incredible opportunity for both investors and business owners. The first floor features a spacious commercial unit, complete with a large open room, a private office area, and a bathroom. It also has access to a full, unfinished basement and backyard area for additional storage or potential expansion. The second floor consists of two 2-bedroom residential apartments, ideal for rental income. Both apartments require renovations but have excellent potential for customization. Annual Property Taxes only $7,156! Located close to the A train, shops, and businesses on Rockaway Blvd, this property is easily accessible via the Van Wyck Expressway and Belt Parkway, making it convenient for commuters and local traffic. With some renovation, this property can become a high-value asset in a thriving area. Don't miss out on this rare opportunity!, Additional information: Building Size:20 X 62
Full Property Details
Full Property Details for 125-15 111th Ave
General
- Sold For: $705,000
- Taxes: $7,156
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: L3585199
- Added to Site: 537 day(s) ago
Business
- Business Type: Other
Location
- County: Queens
- Cross Streets: 111th Avenue
- Driving Directions: www.googlemaps.com
Heating & Cooling
- Heating Type: Oil, Other
Utilities
- Sewer: Public Sewer
Structural Information
- Detached/Attached: Detached
- Year Built: 1925
Lot Features
- Lot Size (Sq. Ft.): 2,000
- Lot Dimensions: 20 x 100
- Zoning: R3-2
Financial Considerations
- Tax Amount: $7,156
Disclosures and Reports
- Property ID: 11606-0035
- Block: 11606
- Lot Number: 35
Listed and Sold by Mitra Hakimi Realty Group LLC
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Schools
Schools serving 125-15 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 | 0.1 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 1.8 mi |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 1.8 mi |
John Adams High School 101-01 Rockaway Blvd, Queens, NY 11417 | 9-12 | 1.2 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 125-15 111th Ave
Date
Details
Price
Change
Source
8/28/2025
Sold
$705,000
-13.81%
MLS
1/23/2025
Price Reduced
$818,000
-7.88%
MLS
11/24/2024
Price Reduced
$888,000
-3.27%
MLS
10/15/2024
Listed
$918,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
125-15 111th Avenue, Ozone Park, NY 11420 (MLS# L3585199) is a Commercial property that was sold at $705,000 on August 28, 2025. Want to learn more about 125-15 111th Avenue? Do you have questions about finding other Commercial 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.

