111 avenue, New York, NY, 11420
$1,200,000
activeLot Size
2,000 sqft
Stories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Exceptional mixed-use investment opportunity in the heart of South Ozone Park! This income-producing property features one ground-floor commercial storefront and two residential apartments on the second floor, consisting of one 2-bedroom unit and one 1-bedroom unit. Each of the three units has separate gas and electric meters, providing convenience for both owners and tenants. Currently generating **$79,800 in annual rental income**, this property presents an excellent opportunity for investors seeking stable cash flow or owner-users looking to offset ownership costs with rental income. Located in an **R3/C1 zoning district**, the property offers a desirable combination of residential and commercial use in a well-established neighborhood. Ideally situated on a busy commercial corridor with excellent visibility, the property is just minutes from public transportation, major highways, shopping, schools, restaurants, and JFK Airport. Whether you're looking to expand your investment portfolio or acquire a versatile mixed-use asset in a high-demand Queens location, this is an opportunity you won't want to miss.
Listed by Abhijit Singh, Baring Homes Corp
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jul 15, 2026, 7:59 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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