117-05 111th Avenue, South Ozone Park, NY 11420

Property Description

Prime Two-Family Turnkey Income Producer with Common Foyer, Walk-In Basement & 2-Car Garage! Welcome to 117-05 111th Street an exceptional Two-Family residence offering a rare blend of space, flexibility, and investment potential in the highly sought-after neighborhood of South Ozone Park. Situated on a prominent corner lot, this property is the ultimate package for savvy investors looking for immediate rental income or homeowners seeking a spacious primary residence with a built-in tenant to offset their mortgage! Each unit offers a spacious and functional layout flooded with natural light, perfect for comfortable living or top-market rental potential. With a Bonus Walk-In Basement, the property boasts a massive, highly versatile opportunity complete with generous ceiling heights; this substantial bonus space is perfect for a home office, recreation room, massive storage hub, or multi-generational family use. Coveted Parking & Storage so you can say goodbye to street parking hassles. This property features a rare 2-car detached garage paired with a private driveway, providing excellent vehicle security, storage, or additional income potential. The benefits keep getting better with this true commuter’s paradise! Your tenants will love being just minutes away (.4 miles) from the 111th St Elevated Subway Station (A Train) for a direct ride into Brooklyn and Manhattan. Extensive local and express bus option including the Q37, Q10, Q112, and the QM18 Midtown Express (.02 to .1 miles). This premier Queens Location is even beneficial when commuting by car as you have quick access to the Van Wyck Expressway (I-678) and the Belt Parkway. Plus, you are perfectly positioned just minutes from JFK International Airport, vibrant local shopping corridors, popular dining options, and local schools (PS100 Glen Morris, JHS 226 Virgil I Grissom/Hawtree and John Adams HS). Whether you want to live in one unit and rent out the other, house an extended family comfortably under one roof, or add a high-yielding asset to your real estate portfolio, 117-05 111th Street is a rare Queens gem waiting to be claimed. Bring your vision and come check it out!