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132-10 111th Ave, South Ozone Park, NY 11420 13210 111th Ave 3 Unit Apartment Building $1,282,828 ($427,609/Unit) 5.46% Cap Rate South Ozone Park, NY 11420
INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Private Parking.
- Near All Transportation
EXECUTIVE SUMMARY
Prime Investment Opportunity in South Ozone Park, Queens, featuring a ground-floor commercial space leased to a tire shop, plus two one-bedroom apartments above. The commercial tenant shares taxes and water costs, keeping expenses low. The property also has a full basement, private parking, and a high-traffic location just off Linden Blvd and near the Van Wyck Expressway. With a 6% cap rate and strong income potential, this is a turnkey opportunity for investors or end-users.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$4,826
|
$2.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,826
|
$2.41
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $4,826 |
| Annual Per SF | $2.41 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,826 |
| Annual Per SF | $2.41 |
PROPERTY FACTS
| Price | $1,282,828 | Property Subtype | Apartment |
| Price Per Unit | $427,609 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.46% | Building Size | 2,000 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Zoning | R3-2 | ||
| Price | $1,282,828 |
| Price Per Unit | $427,609 |
| Sale Type | Investment |
| Cap Rate | 5.46% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,000 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | R3-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
1 1
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 11636-0005 | Total Assessment | $26,890 (2025) |
| Land Assessment | $4,928 (2025) | Annual Taxes | $4,826 ($2.41/SF) |
| Improvements Assessment | $21,962 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
11636-0005
Land Assessment
$4,928 (2025)
Improvements Assessment
$21,962 (2025)
Total Assessment
$26,890 (2025)
Annual Taxes
$4,826 ($2.41/SF)
Tax Year
2024
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132-10 111th Ave, South Ozone Park, NY 11420 | 13210 111th Ave
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