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Ellyn Cestaro
REALTOR®
Cell: (516) 444-9512
Licensed Real Estate Salesperson

111-18 124th Street, South Ozone Park, NY 11420

$789,000
  • 111-18 124th Street, South Ozone Park, NY 11420 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET896 MLS#1001645
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLContact Agent

Property Description

Investor's dream in the heart of Richmond Hill! This legal 2-family property offers the perfect opportunity for immediate use, future income potential, and long-term appreciation. Currently configured as a spacious single-family home, the layout can easily be converted back to a true 2-family setup, making it ideal for rental income, multi-generational living, or maximizing cash flow.Best of all, the major expenses have already been taken care of. Within the last 4 years, the property has been upgraded with a new roof, new windows, updated siding, chimney lining system, tankless water heater, renovated kitchen, and beautiful paver work - saving investors thousands in future capital improvements. The owner also added front pavers creating valuable private parking, a premium feature that adds both convenience and desirability for future tenants or owners.The home is currently set up as a 3-bedroom residence with an additional bonus room off the kitchen, offering flexibility for a home office, mud room, extra bedroom, or expanded living space. The property also features a private entrance to the basement apartment, creating even more possibilities for extended family living, guest space, or additional income potential. An attic with pull-down stairs provides added storage and functionality.Located in a high-demand Queens neighborhood close to transportation, shopping, schools, major highways, and JFK Airport, this is the type of property investors wait for - structurally sound, move-in ready, low-maintenance, and loaded with upside potential. Whether you're looking to live in one unit and rent the other, expand your portfolio, or create strong future equity, this property is a smart investment that checks all the boxes.

111-18 124th Street | MLS# 1001645

This single family home located at 111-18 124th Street, South Ozone Park, NY 11420 is currently listed for sale with an asking price of $789,000. This property was built in 1930 and has 3 bedrooms and 2 full baths with 896 sq. ft. 111-18 124th Street is located within the Contact Agent school district. Search South Ozone Park real estate on ellyncestaro.cbamhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Garage: 1
Heating: Baseboard
Home Style: Colonial
Lot Size: 0.05 Acres
Taxes: $4,156
Year Built: 1930

Amenities

Open Floorplan
Pantry
Recessed Lighting
Smart Thermostat
Washer/Dryer Hookup

Feature Descriptions

Appliances: Refrigerator, Tankless Water Heater
Attic: Full
Building Area Total: 896
Exterior: Unknown
GarageY/N: Yes
Number Of Kitchens: 1
On Market Date: 2026-05-19
Parcel Number: 11628-0015
Parking Features: Private
Parking Total: 1
Rental Term: Monthly
Rooms Total: 9
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

Estimate Your Payment

Estimated Payment

$ 4,566.07 per month $3,989.61 Principal & Interest $346.33 Property Tax $230.13 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Empire
Agency Contact: 718-954-8400

agent picture

Shown By

Agent Name: Ellyn Cestaro
Agent Phone: Cell: (516) 444-9512
Agency Title: Coldwell Banker American Homes

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