12513 111 avenue, South Ozone Park, NY 11420
- $1,200,000
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 1026606
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.
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Additional Information
- Lot Size
- 2000
- Basement
- Full
- School District
- Queens 27
- Stories
- 2
- Taxes
- $25,443
- Heating
- Baseboard
- Parking
- On Street
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Abhijit Singh (abhijitbabbar67@yahoo.com) from Listing Office: Baring Homes Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.