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Renovated Duplex with Garage
For Sale
$1,499,000

14939 123rd Street, South Ozone Park, NY 11420

Residential Income, South Ozone Park, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market174

Property Features for 14939 123rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement, Dining Room
Parking features Driveway, Garage
Patio and Porch features Patio, Porch
Interior features First Floor Bedroom, Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom, Master Downstairs, Recessed Lighting, Storage, Washer/Dryer Hookup
Basement Full, Finished
Directions I-495 (Long Island Expressway), then take the exit for the Van Wyck Expressway (I-678) South toward JFK Airport/Queens. Stay on I-678?S and use local exits (such as 130th Street/Conduit Avenue) into South Ozone Park, then follow neighborhood street house is on the Right.
Standard status Active
APN 11866-0018
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8453

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

backyard with ceramic deck
laundry room

Building Details

Year built 1960
Number of units 2
Additional Structures Storage
Listing Agency: Real Estate Homes LLC
Listed By: Wilson A. Guallpa
Added: Mar 22 Changed: Sep 6 Last Checked: Sep 11 at 5:06PM
MLS# 975507

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.

This 1960-built duplex includes two renovated apartments, each configured with three bedrooms and one bathroom. Both residences offer living and formal dining rooms, wood and ceramic flooring, and updated kitchens. The first-floor kitchen features a center island, granite counters, and stainless steel appliances, while the second-floor kitchen includes renovated countertops, appliances, and pantry storage. Separate gas and electric meters serve the units.

The renovated basement has high ceilings, epoxy flooring, a third kitchen, pantry and closet storage, laundry and utility rooms, plus three separate exits. Its use for additional income is subject to proper permits. Exterior features include a ceramic-deck backyard, garage, and driveway parking for two to three cars. The property has public water and sewer service and is near JFK Airport, buses, subways, and the Belt Parkway.

Key Highlights

  • Two renovated units, each with 3br/1ba
  • Separate gas and electric meters for the residential units
  • Renovated basement with high ceilings, third kitchen, laundry room, and 3 separate exits

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Skin Care Clinic Acupuncture

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

606
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two updated three-bedroom units with separate utilities, finished basement space, and private outdoor areas.
Where is this duplex located?
The property is located at 14939 123rd Street South Ozone Park, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two renovated units, each with 3br/1ba; Separate gas and electric meters for the residential units; Renovated basement with high ceilings, third kitchen, laundry room, and 3 separate exits
More about this property
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