11420 Rockaway Boulevard, South Ozone Park, NY 11420
MULTI_FAMILY - South Ozone Park, NY
- Added:
- Feb 3, 2026
- Days on Market:
- 132
- Last Refresh:
- Jun 15 at 12:06 am
Property Features for 11420 Rockaway Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- c2-3
- Rooms
- Basement
- Parking
- 2
- Parking features
- On Street, Offsite
- Basement
- Full
- Standard status
- Active
- APN
- 11706-0040
- Size
- 2,200 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 30288
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air, Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1931
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Brick
Listing agent Avnish Kumar License #10491209469 (917) 957-9969
Listing office Vision Homes Real Estate LLC 650 S Broadway, s.Richmond hill, NY (718) 480-1231
Listing date Feb 3, 2026
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
- Brick mixed‑use building with 20x110 ft building size on a 2,700 sq ft lot
- Medical office on the first floor with established, long‑term occupancy
- Two residential apartments on the second floor: $2,500/month and $1,500/month
- Heating includes natural gas; cooling includes central air plus wall/window units
- Public utilities: public water and public sewer; cable available
- Parking: on‑street and offsite parking
Overview
Zoned C2-3, the property is positioned in South Ozone Park with access to major thoroughfares, retail and local amenities, and nearby transit.
This layout supports a range of owner and operator scenarios. For an owner-occupant, the existing first-floor medical office can provide on-site use while the two residential units above generate additional rental income. For investors, the combination of an operating medical office and residential apartments within one brick structure can simplify management by consolidating income-producing space under a single ownership interest.
Local Financial Insights For Office B
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 | $110.9k | $50.40 |
| − Vacancy | −$14.3k | −$6.50 |
| EGI | $96.6k | $43.90 |
| − OpEx | −$24.1k | −$10.97 |
| NOI | $72.4k | $32.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Ozone Park
- County
- Queens
- State
- New York
- Longitude
- -73.823206
- Latitude
- 40.676525
