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Move-In Ready Two-Family Home

97-47 91st Street Ozone Park, NY 11416

97-47 91st Street, Ozone Park, NY, 11416
$930,000
For Sale
$930,000

MULTI_FAMILY - Ozone Park, NY

Property Size1,512 SF
Lot Size0.04 Acres
Price / SF$615.08
Days on Market22

Property Features for 97-47 91st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2
Parking features
On Street
Interior features
First Floor Full Bath, Open Floorplan
Basement
Finished
Standard status
Active
APN
09065-0035
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7248

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1940
Number of units
2
Building materials
Brick
Listing Agency Winzone Realty Inc
8115 Queens Blvd Ste 2A, ELMHURST, NY
Listed by Padmoutie G. Singh · License #40SI0946922
Added: Jun 26 Checked: Jul 17 at 7:06 pm
MLS# 1019142 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.


Investment Insights

Based on property information with market context.

A legal two-family property presented in move-in ready condition, offering approximately 1,512 square feet of living space. The home features four bedrooms and three full bathrooms, with hardwood floors throughout. The kitchen is equipped with stainless steel appliances, including a cooktop, and there is a washer and dryer included. Outside, the property includes an outdoor entertainment backyard designed for everyday relaxation.

Located at 97-47 91st Street in Ozone Park, Queens, New York 11416, the home provides a residential income structure with two-family configuration within the Queens market. As a maintained, bright property, it’s positioned for straightforward occupancy and tenant-ready day-to-day living.

This layout can work well for owner-occupants seeking income while having additional space, or for investors looking for a well-kept two-family residence with in-unit conveniences such as laundry. With its move-in readiness, finished interior updates like hardwood flooring, and a functional backyard for residents, the property offers practical day-to-day appeal for tenants and buyers alike.

Key Highlights

  • Legal 2‑family home with approximately 1,512 SF of living space
  • 4 bedrooms and 3 full bathrooms
  • Hardwood floors throughout

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 $69.9k $46.20
− Vacancy −$2.7k −$1.76
EGI $67.2k $44.44
− OpEx −$30.2k −$20.00
NOI $37.0k $24.44
1,512 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$528.0K
$462.0K – $616.0K (±1% cap)
NOI $36,960 @ 7.0% cap · market cap 3.97%
Second Best
Multifamily LT 5
$357.5K
$312.8K – $417.1K (±1% cap)
NOI $25,026 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$1.11M
$975.3K – $1.30M (±1% cap)
NOI $78,026 @ 7.0% cap · market cap 8.39%
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

Parking Lot & Garage Law Firm Cafe & Coffee Shop Gym & Fitness Center Catering Service Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Nursing Home Clothing & Fashion Store

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

FAQs

What type of property is this?
Duplex - Well-maintained legal two-family with hardwood floors, stainless appliances, and an entertainer-ready backyard.
Where is this duplex located?
The property is located at 97-47 91st Street Ozone Park, NY.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Legal 2‑family home with approximately 1,512 SF of living space; 4 bedrooms and 3 full bathrooms; Hardwood floors throughout
Contact an agent
More about this property
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