$950,000
Updated 3 months ago
Sold

120-03 Rockaway Blvd

South Ozone Park, Queens | 120th Street & 121st Street

8 Rooms4 Beds2.5 Baths3,000 Square FeetMixed Use

$950,000
floors / apts2 / 2
Lot Size23'6"x95'6"
Built Size20'x70'
ZoneR3-2
Building TypeLow-Rise
RE Taxes$7,479
Price Per SF
$317

This property was sold for $950,000 on 05/07/26.

Property Description for 120-03 Rockaway Blvd

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.

Listing History for 120-03 Rockaway Blvd

Now
05/15/2026
$950,000
Sold and Closed by Jose L. Paucar
RE/MAX Central
2026

Building Details for 120-03 Rockaway Blvd

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Jose Paucar
RE/MAX Central
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 103587TH