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$970,000
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Property Description
Well-maintained two-family brick and vinyl-sided property situated on an oversized, highly desirable corner lot in the heart of South Ozone Park. A prime opportunity for investors seeking stable income, long-term appreciation, and future upside. The building features two large units with formal, traditional floorplans, each offering three spacious bedrooms and a full bathroom, making them ideal for strong rental demand in this market. Excellent off-street parking adds significant value for tenants and owner-occupants alike. A full basement spans the footprint of the home and presents substantial expansion and value-add potential (subject to approvals), whether for additional living space, storage, or other permitted uses. Solid construction, generous layouts, and a functional configuration make this property well-suited for buy-and-hold investors, 1031 exchange buyers, or those looking to enhance cash flow through renovations or repositioning. Located in a high-demand South Ozone Park neighborhood known for its convenience and accessibility. Close proximity to multiple bus lines, nearby subway access, and major roadways including the Belt Parkway and Van Wyck Expressway provides seamless commuting throughout Brooklyn, Queens, and Manhattan. Minutes from JFK Airport-an added draw for airport employees and frequent travelers. Surrounded by everyday amenities including supermarkets, shopping centers, restaurants, cafes, schools, houses of worship, and local services along Cross Bay Boulevard and Rockaway Boulevard. Nearby attractions include Resorts World Casino, Aqueduct Racetrack, and neighborhood parks and recreation areas. A rare corner-lot two-family offering in a well-established, transit-rich area with consistent rental demand and strong long-term growth potential. OCCUPIED, SOLD-AS IS / WHERE IS with NO ACCESS TO PROPERTY, DO NOT DISTURB OCCUPANTS. It is a criminal offense to trespass on this property. Buyer agrees to take the property AS-IS including indemnifying the Seller related to any occupancy related title exceptions.
Full Property Details
Full Property Details for 149-47 124th St
General
- Price: $970,000
- Taxes: $7,354
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 959627
- Updated: 4/3/2026
- Added to Site: 54 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 4
- Parking Features: Driveway
Location
- County: Queens
- Cross Streets: N Conduit Ave
- Driving Directions: N Conduit Ave to 124th Street
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 2160
- Square Feet: 2,160
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.1821
- Lot Size (Sq. Ft.): 7,933
- Lot Features: Corner Lot, Level
Financial Considerations
- Tax Amount: $7,354.32
Disclosures and Reports
- Special Conditions: Auction
- Property ID: 11867-0012
Listed by VYLLA Home
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Schools
Schools serving 149-47 124th St
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 124 Osmond A Church 129-15 150th Ave, Queens, NY 11420 | K-8 | 0.3 mi |
Hawtree Creek Middle School 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 0.6 mi |
Jhs 226 Virgil I Grisson 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 0.6 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 149-47 124th St
Date
Details
Price
Change
Source
2/08/2026
Listed
$970,000
12.2%
MLS
9/19/2025
Sold
$864,528
—
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 149-47 124th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,410
1%
$36,893
-31%
2024
$7,354
6%
$53,760
56%
2023
$6,938
5%
$34,543
-33%
2022
$6,618
2%
$51,240
8%
2021
$6,470
-1%
$47,580
-2%
2020
$6,508
1%
$48,600
-4%
2019
$6,459
17%
$50,460
75%
2017
$5,536
—
$28,786
6%
2017
$5,536
8%
$27,157
6%
2016
$5,122
-13%
$25,620
-15%
2015
$5,890
14%
$30,120
5%
2014
$5,170
6%
$28,556
6%
2013
$4,872
—
$26,940
—
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 149-47 124th St
14947 124th Street, Ozone Park, NY 11420 (MLS# 959627) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 14947 124th Street is currently listed for $970,000 and was received on February 08, 2026. Want to learn more about 14947 124th Street? 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.

