125-19 111th Ave, Ozone Park, NY 11420 - Photo 1

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$1,550,000

For Sale
Active
Commercial

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Property Description

Newly Renovated Mixed-Use Building with Bonus Income! Exceptional investment or perfect for an end user, this mixed-use property offers solid income potential and versatility. Features include a fully renovated exterior with brand new roof, stucco, and brick facade. The second floor includes two updated apartments: a 1-bedroom/1-bath and a 2-bedroom/1-bath unit. The ground level boasts a clean, open retail storefront-ideal for launching a new business-plus a fully finished basement with a full bath. Rear car garage adds value and convenience. Bonus: Rooftop cell towers generate additional monthly income with an estimated lease value of over $500K (5% cap rate). Don't miss this rare opportunity to own a turn-key building with strong upside.

Full Property Details

Full Property Details for 125-19 111th Ave

General

Price: $1,550,000
Taxes: $15,410
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 866152
Updated: 5/22/2025
Added to Site: 241 day(s) ago

Business

Business Type: Other

Parking

Total Spaces: 2
Parking Features: Garage

Location

County: Queens
Cross Streets: 126th ST
Driving Directions: From Van Wyck Expy head west on 111th Ave to 126th St, Corner building.

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Natural Gas Connected

Structural Information

Detached/Attached: Attached
Construction: Stucco
Basement: Yes
Basement Desc.: Finished
Building Size: 3000
Square Feet: 3,000

Financial Considerations

Tax Amount: $15,410

Disclosures and Reports

Special Conditions: None
Property ID: 4116060033
Block: 11606
Lot Number: 33

Listed by Keller Williams Legendary

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— 125-19 111th Ave —

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Schools

Schools serving 125-19 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
John Adams High School 101-01 Rockaway Blvd, Queens, NY 11417	9-12	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 125-19 111th Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/22/2025

Listed

$1,550,000

74.16%

MLS

9/15/2023

Sold

$890,000

—

Public Record

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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 125-19 111th Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$16,639

8%

$133,114

-38%

2024

$15,410

8%

$216,000

89%

2023

$14,272

2%

$114,161

-42%

2022

$14,004

3%

$198,000

22%

2021

$13,565

6%

$162,900

-14%

2020

$12,772

8%

$189,000

-20%

2019

$11,826

6%

$236,520

169%

2017

$11,169

2%

$87,816

3%

2016

$10,967

8%

$85,065

8%

2015

$10,147

14%

$78,765

8%

2014

$8,880

-2%

$72,936

8%

2013

$9,074

—

$67,551

—

View All

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 125-19 111th Ave

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Listed by Prime Realty

125-19 111th Ave, Ozone Park, NY 11420 (MLS# 866152) is a Commercial property. 125-19 111th Ave is currently listed for $1,550,000 and was received on May 22, 2025. Want to learn more about 125-19 111th Ave? 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.

125-19 111th Ave Ozone Park, NY 11420