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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.
Full Property Details
Full Property Details for 125-13 111th Ave
General
- Price: $1,200,000
- Taxes: $25,443
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1026606
- Updated: 7/20/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Laundromat
Additional Information
- Improvements: Mixed-use building with separate utilities for all units. Well-maintained commercial storefront and two residential apartments with income potential.
Parking
- Parking Features: On Street
Location
- County: Queens
- Direction Faces: South
School Information
- High School District: Queens 27
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Common Walls: 2+ Common Walls
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 1600
- Square Feet: 1,600
Lot Features
- Lot Size (Acres): 0.045
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $25,443
Disclosures and Reports
- Special Conditions: None
- Property ID: 4116060036
- Block: 11606
- Lot Number: 36
Listed by Baring Homes Corp
Get Pre-Approved Today
Schools
Schools serving 125-13 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 125-13 111th Ave
Date
Details
Price
Change
Source
7/15/2026
Listed
$1,200,000
54.84%
MLS
9/13/2006
Sold
$775,000
—
Public Record
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 125-13 111th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,379
—
$234,540
4%
2025
$24,379
4%
$226,530
-1%
2024
$23,536
2%
$229,500
6%
2023
$22,965
4%
$216,810
-7%
2022
$22,076
4%
$232,650
14%
2021
$21,270
4%
$204,300
-2%
2020
$20,446
23%
$208,350
3%
2019
$16,632
75%
$202,500
7%
2017
$9,514
—
$189,000
-1%
2017
$9,514
55%
$190,350
6%
2016
$6,121
14%
$180,000
558%
2015
$5,350
12%
$27,360
5%
2014
$4,790
14%
$26,021
6%
2013
$4,216
—
$24,549
—
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 125-13 111th Ave
12513 111 Avenue, Ozone Park, NY 11420 (MLS# 1026606) is a Commercial property. 12513 111 Avenue is currently listed for $1,200,000 and was received on July 15, 2026. Want to learn more about 12513 111 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.

