Duplex with Finished Basement and Detached
New
For Sale
$849,000
126-19 115th Avenue, South Ozone Park, NY 11420
SINGLE_FAMILY - South Ozone Park, NY
Property Size1,344 SF
Lot Size0.05 Acres
Price / SF$631.70
Days on Market4
Property Features for 126-19 115th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Interior features
Microwave, Refrigerator, Stove
Basement
Finished
Subdivision
South Ozone Park
Standard status
Active
Size
1,344 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5000
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Best Realty Professionals
(718) 484-3745
Listed By:
Katia Belony
(718) 484-3745
Added: Jul 29
Changed: Jul 31
Last Checked: Aug 1 at 2:06AM
MLS# 503394
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.
Set on a 0.0459-acre lot and totaling 1,344 SF, this R1-zoned property features a private driveway, detached garage, and generous outdoor space. Inside, the layout is described as bright and open-concept, with a sun-filled living room, premium wide-plank oak flooring, recessed lighting, and a designer kitchen with custom floor-to-ceiling cabinetry and stainless steel appliances. The first floor includes a spacious bedroom and a finished full bathroom, with two additional oversized bedrooms on the upper level plus a second finished full bathroom. A high-ceiling attic is included for additional storage.
The fully finished basement includes both interior and exterior access and is presented as flexible space for an in-law suite, guest quarters, recreation room, or home office use. The home is described as fully renovated and move-in-ready. Built in 1920 with an asphalt roof, the interior includes hardwood flooring and appliances such as a microwave, refrigerator, and stove.
The location is noted as minutes from JFK Airport, Resorts World Casino, shopping, restaurants, schools, parks, major highways, and public transportation.
The fully finished basement includes both interior and exterior access and is presented as flexible space for an in-law suite, guest quarters, recreation room, or home office use. The home is described as fully renovated and move-in-ready. Built in 1920 with an asphalt roof, the interior includes hardwood flooring and appliances such as a microwave, refrigerator, and stove.
The location is noted as minutes from JFK Airport, Resorts World Casino, shopping, restaurants, schools, parks, major highways, and public transportation.
Key Highlights
- Fully finished basement with both interior and exterior access
- Private driveway plus detached garage and outdoor space
- 0.0459‑acre lot with 1,344 SF of living area
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 | $62.1k | $46.20 |
| − Vacancy | −$2.4k | −$1.76 |
| EGI | $59.7k | $44.44 |
| − OpEx | −$26.9k | −$20.00 |
| NOI | $32.9k | $24.44 |
1,344 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$469.3K
$410.7K – $547.6K
NOI $32,853 @ 7.0% cap · market cap 3.87%
Second Best
Multifamily LT 5
$317.8K
$278.1K – $370.8K
NOI $22,245 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$990.8K
$867.0K – $1.16M
NOI $69,357 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,078
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R1-zoned duplex on a small lot with private driveway, detached garage, and fully finished basement with exterior access.
Where is this duplex located?
The property is located at 126-19 115th Avenue 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: Fully finished basement with both interior and exterior access; Private driveway plus detached garage and outdoor space; 0.0459‑acre lot with 1,344 SF of living area
