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Newly Renovated Two-Family Brick Home

132-20 82nd Street Ozone Park, NY 11417

132-20 82nd Street, Ozone Park, NY, 11417
$915,000
For Sale
$915,000

MULTI_FAMILY - Ozone Park, NY

Property Size1,288 SF
Lot Size0.05 Acres
Price / SF$710.40
Days on Market93

Property Features for 132-20 82nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
Interior features
Stove
Basement
Full, Finished
Standard status
Active
Size
1,288 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6700

Building Details

Year built
1940
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency Metro Realty Professionals
6203 18th Avenue, Brooklyn, NY
Listed by Jian Yang (Carey)
Added: Apr 15 Checked: Jul 16 at 11:06 pm
MLS# 500539 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This newly renovated two-family brick home offers a functional layout with updated interior finishes throughout. The lower-level unit features a newly installed modern kitchen with a gas stove, range hood, and granite countertops, along with a new ceramic finish package. A modern half bathroom is also included, and two newly installed oak staircases lead to the main floor, which provides three bedrooms and a newly installed full bathroom.

The second-floor unit includes a spacious living room and an oversized bedroom with double closets. It also offers a brand new modern kitchen with a stove and range hood, with granite countertops that connect to a granite island. A modern 3/4 bathroom completes the unit. Outside, the home uses a shared driveway and includes a large private backyard sized to fit two to three cars.

With updated kitchens, bathrooms, and a turnkey presentation, this property can support straightforward owner-occupancy or income use as a two-family home. It is offered for sale in Ozone Park, Queens, with everyday conveniences described as nearby and access to public transit indicated by an A train being within a short distance.

Key Highlights

  • Newly renovated two‑family brick home with flat roof (built 1940)
  • Lower unit: living area plus newly installed modern kitchen with new gas stove, range hood, granite countertops and granite island
  • Lower unit includes 3 bedrooms and a newly installed modern full bathroom, plus a newly installed modern half bathroom

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $59.5k $46.20
− Vacancy −$2.3k −$1.76
EGI $57.2k $44.44
− OpEx −$25.8k −$20.00
NOI $31.5k $24.44
1,288 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$449.8K
$393.6K – $524.7K (±1% cap)
NOI $31,484 @ 7.0% cap · market cap 3.44%
Second Best
Multifamily LT 5
$304.5K
$266.5K – $355.3K (±1% cap)
NOI $21,318 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$949.5K
$830.8K – $1.11M (±1% cap)
NOI $66,467 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture (Bike/Boat/Book/etc) Store Catering Service Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey two-family residence in Ozone Park with modern kitchens and updated baths, offering flexible owner or rental use.
Where is this duplex located?
The property is located at 132-20 82nd Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Newly renovated two‑family brick home with flat roof (built 1940); Lower unit: living area plus newly installed modern kitchen with new gas stove, range hood, granite countertops and granite island; Lower unit includes 3 bedrooms and a newly installed modern full bathroom, plus a newly installed modern half bathroom
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