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Sold for $950,000
  • $950,000

    12003 Rockaway Blvd, South Ozone Park, NY 11420

    --beds
    3,000sqft
    Mixed Use
    Built in 1925
    2,254 Square Feet Lot
    $953,500 Zestimate®
    $317/sqft
    $3,775 Estimated rent

    Home value

    $953,500

    $868,000 - $1.05M

    $3,775/mo

    Zestimate® history
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    $3,775/mo

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    $5,730/mo

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    What's special

    Investor’s Dream in Prime Location – 120-03 Rockaway Blvd Attention investors! This mixed-use brick building offers outstanding income potential in a high-traffic section of Rockaway Blvd. The property measures 20’x75’ on a 20’x85’ lot and includes two residential apartments above a spacious commercial unit. The second floor features two updated two-bedroom apartments, each with a living room, kitchen, and full bath. A central corridor allows for extra windows and natural sunlight throughout. Kitchens and bathrooms have been modernized in recent years, making the units move-in ready and attractive to tenants. The first floor offers approximately 1,500 sq. ft. of prime commercial space with excellent visibility, ideal for retail or office use. The space can be delivered vacant at closing, allowing for market-rate rent or owner occupancy. The property also includes a full, high basement—perfect for storage or additional usable space. Expenses are minimal, as each tenant pays their own heat, hot water, cooking gas, and electric. The landlord is responsible only for taxes, insurance, and water/sewer. With full possession possible, this building presents a tremendous opportunity to reposition for maximum rental income and long-term appreciation. Located on busy Rockaway Blvd with excellent exposure and accessibility, this is a smart investment for those seeking strong returns and steady cash flow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose L. Paucar 917-440-8360,

    Re/Max Central

    Source: BNYMLS,MLS#: 497048MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Hot Water
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Linoleum
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Street, None
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Stories: 2
    Lot
    • Size: 2,254 sqft
    • Dimensions: 20x95
    • Features: Back Yard
    Details
    • Foundation area: 1500
    • Parcel number: 116640039
    • Zoning: R3-2
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Block
    • Roof: Flat
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: 110 V

    Community & neighborhood

    Location
    • Region: South Ozone Park
    • Subdivision: Queens

    HOA & financial

    Other financial information
    • Total actual rent: 9500

    Price history

    DateEventPrice
    5/14/2026Sold$950,000+2.3%$317/sqft
    Source: BNYMLS #497048 Report a problem
    1/16/2026Contingent$929,000$310/sqft
    Source: StreetEasy #S1798380 Report a problem
    12/19/2025Pending sale$929,000$310/sqft
    Source: BNYMLS #497048 Report a problem
    10/31/2025Listed for sale$929,000$310/sqft
    Source: BNYMLS #497048 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $64,440 +6.5%
    2024-- $60,480 -3.4%
    2023-- $62,580 +22.1%
    2022-- $51,240 +12.5%
    2021-- $45,540 -7.3%
    2020$6,962 +6%$49,140 -5%
    2019$6,569 +5.3%$51,720 +73.5%
    2018$6,236 +3.4%$29,808 +0.7%
    2017$6,032 +6.2%$29,592 +1.8%
    2016$5,681 $29,055 +6%
    2015$5,681 +68.7%$27,411 +6%
    2014$3,367 $25,860

    Find assessor info on the county website

    Neighborhood: South Ozone Park

    Nearby schools

    GreatSchools rating