This two-family home is located in the South Ozone Park neighborhood of Queens. The property offers an outstanding opportunity for investors, contractors, or end users looking to create value.
The home requires a complete renovation, providing the perfect blank canvas to customize, modernize, and maximize its income-producing potential. Whether you're planning a full rehabilitation for resale or a long-term rental investment, this property offers the flexibility to design two spacious residential units to meet today's market demand.
There is significant upside after improvements, this is an excellent opportunity to add value in one of Queens' established residential communities.
Active
$1,250,000
12817 115th Ave, South Ozone Park, NY 11420
3beds
2,448sqft
Multi Family
Built in 1935
-- sqft lot
$1,221,200 Zestimate®
$511/sqft
$-- HOA
What's special
- 22 days |
- 354 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
MYNY Residential 631-645-1530,
Paul St Clair
Source: StreetEasy,MLS#: S1839535
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 116550034
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Community & HOA
Community
- Subdivision: South Ozone Park
Location
- Region: South Ozone Park
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $1,189,000
- Annual tax amount: $8,940
- Date on market: 7/31/2026
Estimated market value
$1,221,200
$1.16M - $1.28M
$2,539/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $1,250,000+237.8%$511/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1030070 Report a problem | ||
| 5/3/2023 | Listing removed | -- |
Source:  NY State MLS Report a problem | ||
| 6/8/2022 | Listed for sale | $370,000+7300%$151/sqft |
Source: NY State MLS #11083670 Report a problem | ||
| 2/12/2021 | Sold | $5,000-99.3%$2/sqft |
Source: Public Record Report a problem | ||
| 1/2/2019 | Listing removed | $720,000$294/sqft |
Source: LETTMAN IONE V #10509867 Report a problem | ||
| 7/2/2018 | Listed for sale | $720,000$294/sqft |
Source: LETTMAN IONE V #10509867 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $71,340 +10.7% |
| 2024 | -- | $64,440 +10.6% |
| 2023 | -- | $58,260 +9.5% |
| 2022 | -- | $53,220 +9.2% |
| 2021 | -- | $48,720 +3.4% |
| 2020 | $6,886 +6.6% | $47,100 +16.8% |
| 2019 | $6,462 -5.9% | $40,320 +22.8% |
| 2018 | $6,868 +3.6% | $32,832 +0.9% |
| 2017 | $6,630 +14.6% | $32,524 +4% |
| 2016 | $5,783 | $31,280 +6% |
| 2015 | $5,783 +76.4% | $29,510 +6% |
| 2014 | $3,279 | $27,840 +1.8% |
| 2013 | -- | $27,360 +0.9% |
| 2012 | -- | $27,104 +1.2% |
| 2011 | -- | $26,774 +6% |
| 2010 | -- | $25,260 +6% |
| 2009 | -- | $23,832 |
| 2008 | -- | $23,832 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Ozone Park
Nearby schools
GreatSchools rating
- 7/10Ps 155Grades: PK-5Distance: 0.1 mi
- 4/10Jhs 226 Virgil I GrissonGrades: 6-8Distance: 0.4 mi
- 4/10John Adams High SchoolGrades: 9-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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