Spacious Two-Family Home in
10930 128th Street, South Ozone Park, NY 11420
- Added:
- Nov 26, 2025
- Days on Market:
- 176
- Last Refresh:
- May 21 at 9:06 pm
Property Features for 10930 128th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 3
- Parking features
- Driveway, Garage
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Basement
- Finished, Walk-Out Access
- Standard status
- Pending
- APN
- 11608-0021
- Size
- 2,475 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5961
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Frame
Listing agent Etan Hakimi (718) 268-5588
Listing office Mitra Hakimi Realty Group LLC 62 Berkshire Rd, Forest Hills, NY (718) 268-5588
Listing date Nov 26, 2025
MLS# 939397
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family detached home offering rental income potential or multi‑generational living.
- Spacious layout with approximately 2,475 sq ft plus a finished basement.
- Finished basement with recreation rooms, bathroom, laundry, and interior/exterior access.
- Large, finished third‑floor attic space offering customization potential.
- Convenient location near shopping, dining, schools, and major transportation (A train, LIRR, buses).
- Private backyard, driveway, and garage.
Overview
Located in South Ozone Park, this detached two-family home at 109-30 128th Street offers versatility, comfort, and investment potential. The property spans approximately 2,475 sq ft across three levels, plus a finished basement. The first-floor unit features a living area, an eat-in kitchen, a full bathroom, and a large bedroom with a walk-in closet. The second-floor unit includes a living room, two bedrooms, a full bathroom, and a kitchen. A finished attic space offers 38 feet of open space suitable for storage, office use, or customization. The finished basement includes multiple recreation rooms, a bathroom, a laundry area, and a boiler room, with both interior and exterior access. The property sits on a lot of 0.0528 acres and includes a private backyard. It is located near shopping, dining, schools, and major transportation options including the A train, LIRR, and local bus routes, with easy access to the Belt Parkway, Van Wyck Expressway, and JFK Airport. This home is suitable for rental income or multi-generational living.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$672.2K
NOI $60,500 @ 9.00% cap · cautious / downside scenario
Moderate
$864.3K
NOI $60,500 @ 7.00% cap · market / base-case scenario
Aggressive
$1.21M
NOI $60,500 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.3k | $46.20 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $110.0k | $44.44 |
| − OpEx | −$49.5k | −$20.00 |
| NOI | $60.5k | $24.44 |
2,475 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$864.3K
$756.3K – $1.01M
NOI $60,500 @ 7.0% cap · market cap 7.13%
Second Best
Multifamily LT 5
$585.2K
$512.1K – $682.8K
NOI $40,965 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,722 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- South Ozone Park
- County
- Queens
- State
- New York
- Longitude
- -73.814099
- Latitude
- 40.683579
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with investment potential in South Ozone Park.
Where is this duplex located?
The property is located at 10930 128th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two‑family detached home offering rental income potential or multi‑generational living.; Spacious layout with approximately 2,475 sq ft plus a finished basement.; Finished basement with recreation rooms, bathroom, laundry, and interior/exterior access.
