Prevu by reAlpha
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117-05 111th AvenueSouth Ozone Park, NY 11420

For Sale

$1,199,999

Smart Buyer Rebate $15,000

Prime Two-Family Turnkey Income Producer with Common Foyer, Walk-In Basement & 2-Car Garage! Welcome to 117-05 111th Avenue an exceptional Two-Family residence offering a rare blend of space, flexibility, and investment potential in the highly sought-after neighborhood of South Ozone Park. Situated on a prominent corner lot, this property is the ultimate package for savvy investors looking for immediate rental income or homeowners seeking a spacious primary residence with a built-in tenant to offset their mortgage! Each unit offers a spacious and functional layout flooded with natural light, perfect for comfortable living or top-market rental potential. With a Bonus Walk-In Basement, the property boasts a massive, highly versatile opportunity complete with generous ceiling heights; this substantial bonus space is perfect for a home office, recreation room, massive storage hub. Coveted Parking & Storage so you can say goodbye to street parking hassles. This property features a rare 2-car detached garage paired with a private driveway, providing excellent vehicle security, storage, or additional income potential.
The benefits keep getting better with this true commuter’s paradise! Your tenants will love being just minutes away from the Lefferts Blvd Elevated Subway station (3 Blocks away) for a direct ride into Brooklyn and Manhattan. Extensive local and express bus option including the Q37, Q10, Q112, and the QM18 Midtown Express (.02 to .1 miles). This premier Queens Location is even beneficial when commuting by car as you have quick access to the Van Wyck Expressway (I-678) and the Belt Parkway. Plus, you are perfectly positioned just minutes from JFK International Airport, vibrant local shopping corridors, popular dining options, and local schools (PS100 Glen Morris, JHS 226 Virgil I Grissom/Hawtree and John Adams HS).

Whether you want to live in one unit and rent out the other, house an extended family comfortably under one roof, or add a high-yielding asset to your real estate portfolio, 117-05 111th Avenue is a rare Queens gem waiting to be claimed. Bring your vision and come check it out!

Listed by Joseph Romeo

·

John Savoretti Realty

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516-870-6007

Last updated September 13, 2026

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Source: OneKey #1047797

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoulevard Terrace
  • Bedrooms6
  • Bathrooms2
  • Days on Prevu6
  • Taxes$7,161/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

09/09/2026
Status changed to Active
$1,199,999
09/09/2026
Listed by John Savoretti Realty
$1,199,999
  1. 09/09/2026$1,199,999
    Status changed to Active
  2. 09/09/2026$1,199,999
    Listed by John Savoretti Realty

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$11,999
Title Insurance
$5,400
Bank Attorney
$1,500
Mortgage Recording Tax
$18,479
Other Closing Costs
$4,000
Total
$45,378

Estimated closing costs are based on the list price of $1,199,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 117-05 111th Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1920
  • Architectural Style: Colonial
  • Construction Materials: Aluminum Siding, Frame

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 1,616
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Near School, Near Shops
  • Lot Size Acres: 0.06
  • Lot Size Dimensions: 30,100
  • Lot Size Square Feet: 2,967

Financial

Taxes

  • Parcel Number: 11598-0041
  • Tax Annual Amount: $7,161.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Formal Dining

Rooms

  • Basement: Full, Partial, Storage Space, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, Driveway, Garage, Garage Door Opener, Oversized, Private, Storage

Schools

Elementary School

  • Elementary School: Ps 100 Glen Morris
  • Elementary School District: Queens 27

High School

  • High School: John Adams High School
  • High School District: Queens 27

Middle or Junior School

  • Middle Or Junior School: Jhs 226 Virgil I Grisson
  • Middle Or Junior School District: Queens 27

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 2 bathrooms in this multi-family home at 117-05 111th Avenue.

What schools are nearby to 117-05 111th Avenue?

Nearby schools include the Ps 100 Glen Morris Elementary School, Jhs 226 Virgil I Grisson Middle School, and John Adams High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 117-05 111th Avenue.

What are the annual taxes for 117-05 111th Avenue?

Annual taxes for this multi-family home are estimated at $7,161.

How does 117-05 111th Avenue compare to other multi-family homes in Boulevard Terrace?

This multi-family home is listed 1% below the average price for multi-family homes in Boulevard Terrace and has been on the market for 36 less days than the typical home in this area.

117-05 111th Avenue is a 6-bedroom, 2-bath multi-family home for sale in South Ozone Park NY 11420. On Prevu for 6 days at $1,199,999. This residence is located in Boulevard Terrace. The median listing price for multi-family homes in this area is $912,000. Nearby schools include Ps 100 Glen Morris Elementary School, Jhs 226 Virgil I Grisson Middle School, and John Adams High School. Property amenities include private outdoor space and parking. View other multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.