$1,600,000
$200K PRICE DROP

Estimated payment $9,246/month

Total Views 4,374
3 Beds
5 Baths
2,640 Sq Ft
$606 Price per Sq Ft

Highlights

  • Gourmet Galley Kitchen
  • Indoor Speakers
  • Chandelier
  • High Ceiling
  • Entrance Foyer
  • Forced Air Heating and Cooling System

About This Home

Presenting a fully renovated and turnkey mixed-use property located at 114-08 Rockaway Blvd, South Ozone Park, NY 11420. This exceptional listing features a beautifully restored building with both residential and commercial spaces, offering endless potential for savvy investors or business owners.The property has been completely gutted and restored from top to bottom, with no detail overlooked. The commercial space has been transformed into a fully built, ready-to-operate restaurant/roti shop. With brand-new electrical, plumbing, and modern finishes throughout, the business section is turnkey and ideal for immediate operation.The upstairs residential spaces offers generous living areas with ample natural light, providing an ideal opportunity for rental income or owner occupancy. The ground-floor commercial space is a prime location with high visibility and foot traffic, perfect for a restaurant or retail business.Whether you are looking to expand your portfolio or step into a prime commercial space, this property offers the best of both worlds: a renovated, ready-to-operate business with residential income potential. Don’t miss out on this rare opportunity in South Ozone Park.Contact us today for more details or to schedule a private showing!

Listing Agent

Ryan Debidin

Park Assets Real Estate Corp Brokerage Phone: 718-684-8000 License #10401365507 Listed on: 04/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,152

Year Built

  • Built in 1925

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Indoor Speakers
  • Sound System
  • High Ceiling
  • Chandelier
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Gourmet Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • Lot Dimensions are 20x107.33
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,152

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1925
  • Attribution Contact: 718-684-8000
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Chandelier, Chefs Kitchen, ENERGY STAR Qualified Door(s), Entrance Foyer, High Ceilings, Open Floorplan, Open Kitchen, Sound System, Speakers, Stone Counters, Walk Through Kitchen
  • Full Bathrooms: 5
  • Basement: Finished, Full, Storage Space, Walk-Out Access
  • Total Bedrooms: 3
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Dimensions: 20x107.33
  • Building Area Total: 2640
  • Property Attached: Yes

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 7152
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,153 $67,856 $34,264 $33,592
2024 $7,153 $57,214 $33,694 $23,520
2023 $6,635 $53,073 $37,507 $15,566
2022 $6,024 $197,550 $137,700 $59,850
2021 $5,604 $232,200 $137,700 $94,500
2020 $5,662 $255,150 $137,700 $117,450
2019 $5,551 $231,750 $137,700 $94,050
2018 $5,193 $40,825 $21,955 $18,870
2017 $4,817 $37,874 $21,542 $16,332
2016 $4,530 $37,874 $21,542 $16,332
2015 $2,935 $34,916 $21,672 $13,244
2014 $2,935 $33,855 $23,491 $10,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 Price Changed $1,600,000 -11.1% $606 / Sq Ft
04/10/2025 04/10/25 For Sale $1,800,000 -- $682 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $965,000 --
Deed $965,000 --
Deed $160,000 Commonwealth Land Title Ins
Deed $160,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $723,750 Purchase Money Mortgage
Closed $723,750 Purchase Money Mortgage
Previous Owner $128,000 Seller Take Back
Source: Public Records

Source: OneKey® MLS

MLS Number: 847364

OneKey® MLS

APN: 11706-0034