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Two-Family Home with Finished Basement
New
For Sale
$750,000

11139 131st St, South Ozone Park, NY 11420

Legal two-family property currently configured as a single-family residence with separate electric meters.

Property SizeContact for details
Days on Market3

Property Features for 11139 131st St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1925
Construction brick and stucco
Listing Agency: Compass Greater NY LLC
Listed By: Jagmeet S. Bedi · License #40BE1170282
Source: Goatrealtyus
Added: Sep 5 Last Checked: Sep 6 at 10:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Greater NY LLC

Investment Insights

Based on property information with market context.

Built in 1925, this legal two-family property at 11139 131st St in South Ozone Park is currently arranged for single-family occupancy. The building combines brick and stucco exterior finishes with multiple levels of living space and a full finished basement.

Two separate electric meters support the property’s two-family configuration. The existing layout also provides room for extended-family living or future customization, subject to applicable requirements. The property is offered strictly as-is.

Key Highlights

  • Legal two‑family property currently used as a single‑family residence
  • Full finished basement
  • Two separate electric meters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,925
Businesses Nearby

Demographics for 11420, NY

47,383
Population
14,835
Households
3.2
Avg Household Size
40
Median Age
22%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
22,563
Density / Sq Mi
$98,584
Median Household Income
$45,571
Median Earnings
$2,032
Median Rent
$673,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property currently configured as a single-family residence with separate electric meters.
Where is this duplex located?
The property is located at 11139 131st St South Ozone Park, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Legal two‑family property currently used as a single‑family residence; Full finished basement; Two separate electric meters
More about this property
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