Detached Full-Brick
For Sale
$1,159,000
133-32 115th Street, South Ozone Park, NY 11420
Rebuilt in 2011 with a finished basement and dual-zone central heating and cooling.
Property Size1,850 SF
Price / SF$626.49
Days on Market49
Property Features for 133-32 115th Street
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,281
Amenities
central heating and cooling
finished basement
hardwood floors
Building Details
Building Size
1,850 SF
Year Renovated
2011
Construction
full-brick
Listing Agency:
Ashford Homes LLC
Listed By:
Jia Huang · License #JH5391
(929) 364-1301
Source:
Penrealty
Added: Sep 5
Changed: Oct 20
Last Checked: Oct 21 at 6:55AM
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 Ashford Homes LLC
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Investment Insights
Based on property information with market context.
This fully detached, full-brick duplex at 133-32 115 Street provides 1,850 sq. ft. of above-ground living space plus a finished basement. The two-family configuration includes two bedrooms on each floor and four bathrooms overall, with hardwood flooring throughout. The basement can serve as a recreation room, home office, or gym. Rebuilt in 2011, the property includes updated electrical wiring and plumbing along with dual-zone central heating and cooling.
Exterior features include a private driveway accommodating up to four vehicles, a detached garage, and paved front and back yards. The property is in South Ozone Park, NY 11420, with access to local transit, major highways, schools, and shopping.
Exterior features include a private driveway accommodating up to four vehicles, a detached garage, and paved front and back yards. The property is in South Ozone Park, NY 11420, with access to local transit, major highways, schools, and shopping.
Key Highlights
- Fully detached, full‑brick duplex rebuilt in 2011
- 1,850 sq. ft. of above‑ground living space plus a finished basement
- Two bedrooms on each floor with four bathrooms total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,222
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,440
$904.4K
Cap Rate 7%
$646,029
$646.0K
Cap Rate 9%
$502,467
$502.5K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$85.5K $46.20/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$82.2K $44.44/SF
− OpEx
−$37.0K −$20.00/SF
NOI
$45.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,440
Cap Rate 7%
$646,029
Cap Rate 9%
$502,467
Alternative Uses
Best Use
Apartment 5plus
$646.0K
$565.3K – $753.7K
NOI $45,222 @ 7.0% cap · market cap 3.90%
Second Best
Multifamily LT 5
$437.4K
$382.8K – $510.3K
NOI $30,620 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,469 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,527
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Rebuilt in 2011 with a finished basement and dual-zone central heating and cooling.
Where is this duplex located?
The property is located at 133-32 115th Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,159,000.
What are key features of this property?
This property features: Fully detached, full‑brick duplex rebuilt in 2011; 1,850 sq. ft. of above‑ground living space plus a finished basement; Two bedrooms on each floor with four bathrooms total
