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111-32 118th Street, South Ozone Park, NY, 11420

8beds
3baths
2,117sqft
$1,075,000
$508price/sqft
$6,731/moest. monthly cost
$269,240/yrincome needed

About This Home

Welcome to this exceptional two-family home in the heart of South Ozone Park, offering an outstanding opportunity for both homeowners and investors. This spacious residence features a total of eight bedrooms and three full bathrooms, providing ample space for comfortable living and flexible use. Each unit includes a beautifully appointed kitchen with quartz countertops and modern appliances, ideal for everyday living and entertaining. The fully finished basement adds valuable living space, perfect for extended family accommodations, a recreation area, or potential rental income. A private driveway offers the convenience of off-street parking. Conveniently located near shopping, schools, public transportation, and other neighborhood amenities, this move-in-ready property combines versatility, comfort, and income potential in a highly desirable location. Don't miss this opportunity.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
Ps 100 Glen MorrisGrades PK-50.0 mi
7/10
4/10
John Adams High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Actual
  • Year built: 1935

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Pantry,Master Downstairs
  • Flooring: Carpet,Wood
  • Attic: Finished,Full,Stairs

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,117
  • Total interior livable area: 2,117 sqft

Property

Details

  • Parcel number: 116220021
  • Special condition: None

Lot

  • Lot size: 2,930 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway,Garage,Private
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,435$65,220
Home Insurance *$276$3,312
Property Taxes $671$8,052
Electricity $349$4,198
Total$6,731$80,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$230,777/yr
40% on housing$201,930/yr
45% on housing$179,493/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$508This listing

vs Other Active Listings

Avg $/sqft

ZIP 11420$516
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11420$531
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Price change$1,075,000
2026-07-07Price change$1,100,000
2026-06-18Listed for sale$1,150,000

For Sale by Agent

AgentArnold I. Ogir
BrokerageNationwide Homes LLC

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