Refine Search
Sort by
$1,299,000
1016032 MLS
**Updated Cap Rate Calculation** * Annual Gross Income: **$125,741** * Annual Expenses: **$46,487** * Net Operating Income (NOI): **$79,254** * Asking Price: **$1,299,000** **Cap Rate = NOI ÷ Purchase Price × 100** **$79,254 ÷ $1,299,000 = 6.10% Cap Rate** --- ### Property Remarks Exceptional investment opportunity in the heart of Richmond Hill. This well-maintained 6-unit multifamily apartment building offers approximately 4,800 SF across three stories on a 0.06-acre lot. Built in 1930 and zoned R4A, the property generates strong annual income of $125,741 with a net operating income of $79,254, delivering an attractive **6.10% cap rate** at the asking price. Located in a high-demand rental market with convenient access to transportation, shopping, schools, and major thoroughfares, this asset provides stable cash flow with long-term appreciation potential. Ideal for investors seeking a turnkey income-producing property in a desirable Queens neighborhood.

8732 114th Street, Richmond Hill

$1,549,000
8 Beds 5 Baths 1015752 MLS
Introducing a stunning 2026-built legal Two-family home located within 2 blocks from Sutphin Blvd in Jamaica. This exceptional income-producing property features two spacious residential units, each offering 4 Bedrooms, 2 full Bathrooms, and a modern open-concept Living, Dining, and Kitchen layout. It also includes a pull-stair attic and a fully finished open basement with a full bathroom and separate outside entrance, providing additional versatile recreational and storage space. A private driveway adds convenience and value. Designed with modern living in mind, both units feature contemporary kitchens with brand-new stainless-steel appliances, center islands, and spacious layouts. The primary bedrooms include en-suite full bathrooms. Additional highlights include separate utility meters, central heating and air conditioning systems, and fully fenced outdoor space. Enjoy the beautiful Baisley Pond Park right beside the house and easy access to Buses, Schools, Supermarkets, Restaurants, Shops, and other community amenities. An outstanding opportunity to own a brand-new, income-generating property in a nice, quiet location with excellent transportation access and everyday conveniences nearby! Don't Miss Out!!

15311 124th Avenue, Jamaica

$1,775,000
4 Beds 5 Baths 1015670 MLS
Beautifully rebuilt in 2008, this spacious single-family home offers 4 bedrooms, 4.5 baths, and exceptional craftsmanship throughout. The home features a durable brick exterior, oversized detached 1 car garage (375 square feet), and a full basement providing ample storage and additional living space potential. The modern kitchen is highlighted by elegant granite countertops, while Energy Star windows enhance efficiency and comfort year-round. Enjoy outdoor entertaining and relaxation in the private backyard. A rare combination of space, quality, and modern updates. The interior showcases elegant porcelain tile flooring and rich hardwood floors, creating a warm and sophisticated atmosphere. Outdoor patio provides additional charm.

157-36 85th Street, Howard Beach

$1,075,000
8 Beds 3 Baths 984548 MLS
Welcome to this exceptional two-family home in the heart of South Ozone Park, offering an outstanding opportunity for both homeowners and investors. This spacious residence features a total of eight bedrooms and three full bathrooms, providing ample space for comfortable living and flexible use. Each unit includes a beautifully appointed kitchen with quartz countertops and modern appliances, ideal for everyday living and entertaining. The fully finished basement adds valuable living space, perfect for extended family accommodations, a recreation area, or potential rental income. A private driveway offers the convenience of off-street parking. Conveniently located near shopping, schools, public transportation, and other neighborhood amenities, this move-in-ready property combines versatility, comfort, and income potential in a highly desirable location. Don't miss this opportunity.

111-32 118th Street, South Ozone Park

$2,175,000
5 Beds 5 Baths 1015422 MLS
Welcome to this extraordinary custom-built estate in the highly sought-after South Ozone Park/Wakefield neighborhood, where timeless elegance meets modern luxury. A breathtaking grand entrance adorned with magnificent Roman columns sets the stage for the unparalleled craftsmanship found throughout this exceptional residence. The home's stunning front fountain creates a breathtaking first impression, adding a sense of elegance, tranquility, and timeless grandeur to this magnificent estate. Step inside to an impressive cathedral-ceiling living room featuring two stunning chandeliers that illuminate the home's sophisticated design. A dramatic winding staircase serves as the centerpiece of the grand foyer, while exquisite custom moldings and rich pure mahogany wood flooring throughout create an atmosphere of warmth and refinement. Designed for both lavish entertaining and comfortable everyday living, this remarkable home offers a formal dining room, spacious family room, and a spectacular chef's kitchen complete with premium top-of-the-line appliances, elegant marble countertops, a farmhouse sink, and abundant custom cabinetry. The residence boasts five generously sized bedrooms, including two luxurious primary suites, and five beautifully appointed full bathrooms. Expansive picture windows and floor-to-ceiling windows flood the home with natural light while showcasing the exceptional architectural details throughout. The fully finished basement provides the ultimate entertainment experience, featuring a spacious recreation area, private gym, and dedicated laundry room. Outside, the home's striking brick exterior is complemented by a classic terracotta roof, elegant precast window moldings, a beautifully paved yard, and private fenced grounds. Offering the perfect blend of grandeur, functionality, and superior craftsmanship, this one-of-a-kind residence is a rare opportunity to own a true luxury masterpiece in one of the area's most desirable neighborhoods.

135-39 124th Street, South Ozone Park

$1,100,000
1014339 MLS
Excellent investment opportunity in the heart of Far Rockaway! Well-maintained 4-family property featuring one occupied unit generating $3,600/month in rental income and three vacant units ready for immediate lease-up or owner occupancy. Market rents are estimated at approximately $2,700/month per vacant unit, offering a projected gross rental income of up to $11,700/month when fully occupied. The property offers spacious apartments with hardwood floors, updated kitchens and baths, abundant natural light, and separate entrances. The building features a desirable layout, private driveway access, and a large side yard. Conveniently located near transportation, shopping, schools, parks, and the beach. Perfect for investors seeking strong cash flow potential or owner-occupants looking to offset expenses with rental income. Vacant units provide flexibility for immediate rent increases and tenant selection. Projected Gross Rent Roll: Unit 1 (Occupied): $3,600/month Unit 2 (Vacant): Approx. $2,700/month Unit 3 (Vacant): Approx. $2,700/month Unit 4 (Vacant): Approx. $2,700/month Potential Gross Income: Approximately $11,700/month ($140,400/year).

329 Beach 29th Street, Far Rockaway

$670,000
3 Beds 2 Baths 1012425 MLS
Welcome to 120-47 144th Street, Jamaica, NY – a beautifully fully renovated single-family home offering modern style, functionality, and exceptional value. This move-in-ready residence features 3 spacious bedrooms, 2 full bathrooms, and a fully finished basement with a separate entrance, providing additional living space and endless possibilities.Step inside to discover bright, sun-filled interiors with updated flooring, fresh paint, and contemporary finishes throughout. The renovated kitchen boasts modern cabinetry, sleek countertops, and stainless-steel appliances, creating the perfect space for cooking and entertaining. The open and inviting layout seamlessly connects the living and dining areas, ideal for both everyday living and hosting guests. The fully finished basement with a separate entrance adds valuable extra space that can be used as a recreation room, home office, gym, guest quarters, or extended living area. Spacious bedrooms and updated bathrooms complete the home's comfortable and functional design. Situated on a generous 25' x 100' lot, the property also offers a private backyard perfect for outdoor entertaining, gardening, or relaxing. Conveniently located near schools, shopping, public transportation, major highways, and JFK Airport, this home combines suburban comfort with city convenience.

12047 144th Street, Jamaica

$990,000
3 Beds 2 Baths 1013230 MLS
Detached Tudor on extra large lot. 88ft x 77 Irr lot offers tons our outdoor space. A detached garage and parking allows for off street parking. Lovely back porch offers privacy and comfort. 3 Bedrooms on the 2nd floor plus generous full size bath. 1st floor consists of foyer, large living room with built in bookcases, wood burning fireplace and access to enc. side porch & Formal Dining Room. Heated side porch used for extra bedroom, office space, music room Eat in Kitchen with sunny breakfast nook& Formal Dining room Full Basement with bath and laundry. New gas heat, sep hot water. This home features mature gardens, stunning hardwood floor and natural lighting. Located on the Richmond Hill N/Kew Gardens border.

11515 Babbage Street, Richmond Hill

$1,388,000
1013100 MLS 10515 BLDG.
Very large, renovated mixed-use building located on Jamaica Avenue featuring: • First Floor – Commercial Storefront A fully leased barbershop generating $2,800/month with a $100 annual rent increase. The store includes access to a large cemented backyard, ideal for storage or additional commercial use. • Second Floor – Residential Unit A remodeled 3-bedroom, 2-bathroom apartment with a spacious living room, dining room, and kitchen. Currently rented for $2,100/month, with the tenant paying all utilities. No lease. • Third Floor – Residential Unit Another 3-bedroom, 2-full-bathroom apartment featuring a living room, dining room, and kitchen. Rented for $2,600/month with a one-year lease in place. • Basement – Finished Recreation Space A fully finished basement used as a recreation room, including an enclosed boiler room and separate entrance from the front of the building.

10515 Jamaica Avenue, Richmond Hill

$789,000
3 Beds 3 Baths 1012898 MLS
Renovated single-family home in South Ozone Park featuring 3 bedrooms and 2 full bathrooms. The main level offers an open living and dining area, an updated kitchen, and a practical layout designed for comfortable everyday living. The finished basement provides additional flexible space that can be used as a recreation room, home office, gym, or guest area. The home is equipped with a high-efficiency wall-mounted Navien combi boiler, providing both heat and hot water for added energy efficiency and modern convenience. Newly paved backyard and a shared driveway. Conveniently located near shopping, restaurants, public transportation, major highways, approximately 2.2 miles from Jamaica Station with access to the Long Island Rail Road, JFK Airport, Resorts World Casino, and Aqueduct Racetrack, this move-in-ready home offers excellent connectivity and easy access to local amenities and commuter routes throughout Queens, Manhattan, Brooklyn, and Long Island. All information, including but not limited to taxes, lot size, square footage, building dimensions, age, condition, zoning, and permitted use, is deemed reliable but not guaranteed and must be independently verified by purchaser and purchaser's representatives. Listing broker, listing agent, and seller make no representations or warranties as to the accuracy of any information contained herein.

12933 135th Place, South Ozone Park

$619,000
3 Beds 2 Baths 1012665 MLS
JUST REDUCED !!! This price is insane for a legal 2 family home. Yes, it can be financed, Yes, you will love it. Make this your starter home with bonus rent collecting unit. This home is convenient to transportation, shops and restaurants. It is a legal 2 family dwelling, current tenant occupies the 2nd floor two bedroom unit. The first floor 1 bedroom unit and basement is empty. This home can be delivered empty or with cooperating rent paying tenant. Basement height is great with internal and external access. Back yard access is available via 1st floor bedroom and street. Fenced in front yard, new gutters. Boiler and hot water heater are new purchases. Remote controlled thermostat installed. This home pays for itself. Renter friendly as it is just steps from the A train which provides express service to Manhattan. Come to the beach and see this amazing property. No flood insurance required.

2515 Far Rockaway Boulevard, Far Rockaway

$1,100,000
3 Beds 2 Baths 1012652 MLS
This beautiful home is located in the heart of South Ozone Park, surrounded by eateries, grocery stores, shops and ample public transportation. This all-brick Colonial-style single-family home situated on a generous 0.6-acre corner lot, complete with a detached 2-car garage. This 2.5 story home offers a comfortable living space with plenty of natural light. Step inside to a spacious living room featuring a cozy fireplace, perfect for relaxing or entertaining. The formal dining room leads into an updated eat-in kitchen that has modern appliances and plenty of cabinet space for storage. Eat-in kitchen provides access to a fully finished basement. There is an enclosed patio off of the kitchen equipped for entertaining and other outdoor activities. The second level features the primary and secondary bedrooms, a full bathroom with a walk-in shower, and access to the third sleeping area. This cozy, bright, spacious home is a must see.

12302 116th Avenue, South Ozone Park

$1,499,999
6 Beds 5 Baths 1012495 MLS
Looking for something different? Your search ends here. This newly constructed two-family home is a true gem, offering features rarely found in today’s Queens market. Each unit features 3 oversized bedrooms, including a spacious primary suite with its own private bath, plus an additional full bathroom for added convenience. The expansive open-concept living and dining area provides the perfect setting for modern living and entertaining. Built with quality craftsmanship, the home offers energy-efficient windows and appliances, a full interior sprinkler system, modern finishes, brick and vinyl siding, and a private driveway. Conveniently located near schools, shopping, and public transportation. A rare opportunity to own a beautifully built home designed with exceptional space, comfort, and everyday convenience in mind.

11620 145th Street, Jamaica

$850,000
4 Beds 3 Baths 1011992 MLS
Absolutely gorgeous and spacious one-family home in the heart of Ozone Park! This beautifully maintained home offers 3 bedrooms plus a walk-in closet that can easily serve as a 4th bedroom, along with 3 full bathrooms. The first floor features a bedroom, full bathroom, updated kitchen with stainless steel appliances, living room, and formal dining room. Upstairs, you'll find additional bedrooms and a full bathroom, providing plenty of space for comfortable living. Step outside to a backyard designed for entertaining, complete with pavers, ample space, storage, and a few special surprises. The full finished basement with a separate entrance adds even more versatility and functionality to this impressive home. Conveniently located on 85th Street between Rockaway Boulevard and Atlantic Avenue, with easy access to the A train and just a few blocks from the J train on Jamaica Avenue. Close to shopping, dining, schools, parks, and major transportation. A rare opportunity to own a spacious home in a convenient Ozone Park location. Don't miss out! Additional pictures coming soon.

9513 85th Street, Ozone Park

$599,000
4 Beds 2 Baths 1011674 MLS
? Newly Renovated — A Must-See Waterfront Gem! Step Into the Sea, Relax into the Sunset Rarely available oversized 3-story waterfront residence in the charming community of Broad Channel, offering an exceptional blend of space, comfort, and breathtaking water views. Home Features: Newly renovated interior Spacious 3-story layout 4 oversized bedrooms 2 full bathrooms Bright and airy living spaces Expansive backyard with multi-level decks Endless potential to create your own private waterfront oasis Wake up to the sound of the water, enjoy spectacular sunsets from your backyard, and experience a lifestyle that feels like a vacation every day. Why Broad Channel? Nestled between the city and the sea, Broad Channel is known for its friendly small-town atmosphere, vibrant community events, waterfront activities, and organized sports programs—offering a unique coastal lifestyle that’s truly one of a kind in New York City. Don’t miss this rare opportunity to own a spacious waterfront home with endless possibilities.

14-11 Cross Bay Boulevard, Broad Channel

$779,000
3 Beds 2 Baths 1011241 MLS
Welcome 112-05 103rd Avenue in the heart of South Richmond Hill! Thoughtfully maintained and recently upgraded, this warm and inviting residence offers the perfect blend of comfort, functionality, and modern convenience. The home features spacious living and dining areas ideal for everyday family living and entertaining guests. The updated kitchen comes equipped with all new appliances, making meal preparation effortless and enjoyable. A high-efficiency furnace provides year-round comfort while helping to keep energy costs low. The full basement with a separate entrance offers endless possibilities, whether for extended family, a recreation area, home office, gym, or additional living space. A private garage and additional off-street parking provide convenience for multiple vehicles. This home is conveniently located near schools, parks, shopping, restaurants, houses of worship, public transportation, and major roadways. Whether you're a growing family or looking for extra space to accommodate loved ones, this move-in-ready property offers the flexibility and comfort you've been searching for. A wonderful opportunity to create lasting memories in a welcoming neighborhood schedule your showing today! More photos coming soon!

11205 103rd Avenue, Richmond Hill

$985,000
5 Beds 3 Baths 1011387 MLS
Great opportunity to own this well-maintained 2-family home in Richmond Hill! Perfect for homeowners looking to generate additional rental income or for investors seeking a solid investment property. The property features a private driveway that can accommodate up to 4 cars, a highly desirable feature in the area. First Floor: 2 spacious bedrooms, living room, kitchen, and full bathroom. Second Floor: 3 bedrooms, living room, kitchen, and full bathroom. Finished Basement: Separate entrance, offering additional finished space with endless possibilities. Whether you’re looking to live in one unit and collect rental income from the other, or add a strong income-producing property to your portfolio, this home offers exceptional potential in a prime Richmond Hill location. Don’t miss this fantastic opportunity! Schedule your private showing today.

11614 Bessemer Street, Richmond Hill

$729,000
3 Beds 2 Baths 1010744 MLS
Charming 1 Family home in the heart of Tudar village/Ozone Park. Well Maintained filled with warmth and character. This quaint home offers a very cozy and inviting feel as soon as you walk in. Features bright rooms, a living room, a dining area, kitchen, nice size bedrooms. This home is perfect for comfort and convenient. Private backyard enclosed all around with a community driveway which leads to a private parking spot in your own backyard to park your car. Great yard for entertaining. The home also has a full finished basement with new wood floors, additional living recreation or work from home-space that also leads you outside to an enclosed sunroom, besides a convenient walkway for easy access to the yard. A large shed for extra storage. Home has a new boiler for added comfort and efficiency. This home is situated on a quiet residential block, close to schools, shopping, parks and public transportation. A true gem in a quiet desirable location!

85-02 Dumont Avenue, Ozone Park

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.