97-29 87th Street, Ozone Park, NY 11416

97-29 87th Street, Ozone Park, NY 11416

$780,000 · 2 bed · 2 bath · 1,620 sq ft · built 1930 · MLS# 1068344 · Active

Sunny Detached Legal 2 Family in Ozone Park! Main Floor features LR, Updated KIT, Dining Area, 1 Bdrm Plus 1 Small Bedroom/Office, 1 Full Bath. Second Floor features Large Open Room Can Be Separated into LR and 1 Bedroom, KIT, 1 Full Bath. Full Basement w/3 Sep Entrances. Delivered Vacant. Street Parking Only, No Driveway. Very Convenient to Transportation and Shopping!

Two-to-three-family homes in ZIP 11416 sold for a median of $999,000 (typically $910,000–$1,150,000) across 45 recorded sales between Nov 24, 2025 and Oct 22, 2026, up 5.2% on the 12 months before. This home's $780,000 list price sits in the entry two-to-three-family tier for ZIP 11416.

ZIP 11416 has about 7.6 months of multi-family inventory — buyer's market. Ample inventory gives buyers strong choice and negotiating leverage, with frequent price adjustments. Homes here are still selling close to asking, at a median 98.1% of final list price.

At about $2,558 a year, this home's property tax runs roughly 63% below the $7,000 typical for ZIP 11416. Exemptions such as STAR, Senior or Veteran change what is actually billed, so a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded Queens sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 6, 2026 2:15 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Two-to-three-family price trend · ZIP 11416

Two-to-three-family homes in ZIP 11416 sold for a median of $999,000 across 45 recorded sales between Nov 24, 2025 and Oct 22, 2026, up 5.2% on the median of the 12 months before. This is a year-over-year comparison of recorded sales, not a forecast.

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