RealtyLens
for saleRealtyLens property overview
$1,599,000

14939 123rd St

South Ozone Park, NY, 11420
View more South Ozone Park, NY property pages
6Beds
3Baths
1,950Sqft
$820$/sqft

Listing Notes

Welcome to 149-39 123rd St. in the desirable South Ozone Park area of Queens in NYC. This charming two-family home blends classic character with modern functionality. Built in 1960 on a 3, 900-square-foot lot, the property has been meticulously maintained, with everything updated. It features 2 renovated units, ea. with 3br/1ba. 2 separate gas and electric meters. Second-floor unit offers a spacious kitchen with renovated countertops, appliances, pantry, 3br/1ba, formal dining rm, living rm, wood and ceramic flooring throughout. The first-floor unit boasts a fully updated kitchen with a center island, granite countertops, stainless steel appliances, 3br/1ba, formal dining rm, living rm, wood and ceramic flooring throughout. The basement is fully renovated with high ceilings, brand-new third kitchen, epoxy flooring throughout, plenty of closet space, pantry, laundry rm, utility rm, and 3 separate exits, it can be used for additional income with proper permits. The home also includes a spacious backyard with ceramic deck, a garage, and additional driveway parking for two to three cars. Conveniently located near 5 min. JFK Airport, buses, and subways, and just off the Belt Parkway, this property is only about 25 min. from Manhattan or Long Island, providing easy access to public trans., places of worship, & shopping. With strong income potential, this property can generate approx. $9, 500+ per month in total, making this an excellent opportunity for seeking flexibility or investors. Don't miss the chance to own this prime South Ozone Park property with modern updates, meticulous care, and significant financial upside. A must see.

Market Insights

Above nearby median+17%

$820/sqft vs a nearby median of $703/sqft.

Nearby median$703/sqft
Nearby properties12
Property size1,950 sqft
  • +17% versus the nearby median price per square foot.
  • 20 price records are available for this property.
  • 1,950 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.27M$1.15M$1.40M · 42% confidence
vs ask $1.60M+$324k (+20.3%)

Asking price is about 20.3% above where comps + adjustments land — there is room to negotiate.

$703/sqft median across 5 tight comps × 1,950 sqft= $1.37M
  • Transit access−$41k −3.0%
  • Mid-century building era−$21k −1.5%
  • Sparse street life−$21k −1.5%
  • Visible condition issues−$14k −1.0%
Cumulative NYC adjustments−$96k−7.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+17% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price Movement2 price cuts

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
17 days
Last price change
Up $100,000 (6.7%)
Listed
Apr 25, 2026
Photos
35 photos
Property type
multi family
Status
for sale
Last sold
Sep 17, 2003 · $533,000
Garage
1 space

Features & Amenities

ParkHardwood FloorsLaundry RoomRecreation FacilitiesBasementTwo Or More StoriesGarage 1 Or MoreUpdated KitchenModern KitchenLarge KitchenBig YardHigh CeilingShopping

Photos

Price History

May 12, 2026diff
$1,599,000for sale
May 12, 2026diff
$1,499,000for sale
May 12, 2026diff
$1,599,000for sale
May 12, 2026diff
$1,499,000for sale
May 11, 2026diff
$1,599,000for sale
May 11, 2026diff
$1,599,000for sale
May 11, 2026diff
$1,599,000for sale
May 11, 2026diff
$1,599,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.