Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

South Ozone Park

Queens · New York, NY

3 active listings · Median $689K

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Market Pulse — South Ozone Park

What defines this market

A rental-heavy submarket with rents at the 5-year high and sale values below the 5-year high.

Best for

investorsvalue buyerstight rental market

Median asking rent in South Ozone Park sits at $3,000/month, matching the 5-year high. Median sale price stands at $689K, 18.9% below the 5-year high recorded in Jan 2025. Sale prices are down -18.9% year over year.

Rental snapshot

  • Median asking rent: $3,000/month (at the 5-year high)
  • Active rental listings: 2

For-sale snapshot

  • Median sale price: $689K (18.9% below the 5-year high in Jan 2025)
  • Year-over-year sale price change: -18.9%
  • Active for-sale listings: 10 (-9.1% YoY)
  • Active listings with a price cut: 14.3%
  • Recent monthly closed sales: 8

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Source: StreetEasy market data, through Oct 2023.

About South Ozone Park

South Ozone Park is a residential Queens neighborhood of single-family detached and semi-attached homes, two-family houses, and low-rise apartment buildings between the Belt Parkway and the Van Wyck Expressway. The A train at Ozone Park-Lefferts Boulevard provides subway service, and the JFK AirTrai...

Quick Facts

BoroughQueens
Zip Code11420
SubwayBus service
Building TypesMixed

Transit, Schools & Commute

Subway Lines:

Stations: Bus service available


Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
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-18.9% YoY
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Price by Bedroom

Based on active listings in South Ozone Park

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in South Ozone Park

REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is 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. Data last updated: 1/1/1970.

Nearby Neighborhoods

South Ozone Park Property Type Pages

Why Work With Milton in South Ozone Park

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Queens

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For South Ozone Park buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."

JR
Verified Buyer
Google Review

"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."

MC
Verified Seller
Zillow Review

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Frequently Asked Questions about South Ozone Park

The median sale price in South Ozone Park is $689K. Sale prices are down 18.9% year over year.

No. The median sale price in South Ozone Park is currently 18.9% below the 5-year high recorded in January 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Roughly 8 homes change hands each month in South Ozone Park across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in South Ozone Park is $3,000/month.

Yes. The median asking rent in South Ozone Park is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Within walking or short-transit distance of South Ozone Park, median sale prices range across Ozone Park at $780K, Richmond Hill at $775K, South Richmond Hill at $770K, South Jamaica at $665K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

South Ozone Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 155 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like South Ozone Park, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: mcoste@kwnyc.com.

How I Can Help in South Ozone Park

Milton Coste, Licensed Associate Broker

Milton Coste

Licensed Associate Broker

Keller Williams NYC · NY #10301213304

25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in South Ozone Park, I will guide you every step of the way.

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