117 5 111 Ave
Prime Two-Family Turnkey Income Producer with Common Foyer, Walk-In Basement & 2-Car Garage! Welcome to 117-05 111th Avenue 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. 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 from the Lefferts Blvd Elevated Subway station (3 Blocks away) 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 Avenue is a rare Queens gem waiting to be claimed. Bring your vision and come check it out!
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Ps 100 Glen Morris
Assigned school for this home
John Adams High School
Assigned school for this home
Ps 55 Maure
Middle School 137 America's School Of Heroes
Ps 121
Ps 62 Chester Park School
Junior High School 226 Virgil I Grisson
Hawtree Creek Middle School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/01/2026 | Price change | $1,099,999 |
| 09/09/2026 | Listed for sale | $1,199,999 |
Listed by Joseph Romeo · John Savoretti Realty · 5163276400
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.
Last Updated: October 13, 2026 at 6:04 PM | Source: OneKey MLS | MLS#: 1047797

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