1524 124th Street College Point, NY $ 1,025,000
1524 124th Street
$ 1,025,000
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1524 124th Street

College Point, NY, 11356
$ 1,025,000
Bedrooms-- Baths-- Sq 5,400

Monthly Estimate*

$ 6,472

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Commercial Property for sale in College Point, NY

for $1,025,000. This 5,400 square foot building was built in 1931 on a lot size of 0.1148.

Rare 6-family investment opportunity in central College Point! This fully detached 3-story building sits on an oversized 5,000 sq. ft. lot and requires a full renovation—perfect for an investor aiming to renovate and capture market rents. Key Features: Layout: 6 two-bedroom apartments (12 BD / 6 BA total) plus a full basement. Occupancy: 5 units delivered VACANT at closing; 1 unit occupied. Parking & Yard: Detached 2-car garage, and additional 3 Parking , large backyard, and ample extra parking. Location: Minutes to shopping, dining, schools, public transit, and major highways.

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Commercial Active

Price

$ 1,025,000

Property Type

Commercial

Taxes

$ 18,435

Style

Multi Family

Lot Size

0.1148

Year Built

1931

Town/City

College Point

County/Region

Queens

MLS | Web ID

1039889

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Zoning R4A
Construction Materials Aluminum Siding
Year Built 1931
Property Subtype Multi Family
Tax Year 2025
Parcel Number 04086-0031
County Queens
Property Type Commercial Sale
Directions GPS
High School Contact Agent
City New York
High School District Contact Agent
Number Of Units Total 6
Elementary School Contact Agent
Property Attached Y/N N
Tax Annual Amount 18435.32
Middle/Junior High School Call Listing Agent
Property Condition Actual
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 508050
Cap Rate 11103
Year Built Effective 1931
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Interior
Basement Full Partially Finished Walk-Out Access
Total Stories 3
Basement Features Full Partially Finished Walk-Out Access
Basement (Y/N) Y
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Exterior
Parking Features Carport Detached Driveway Garage Carport Detached Driveway Garage
Water Source Public
Building Area Total 5400
Waterfront Y/N N
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Internal Only
Street Number 1 1524
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* Excluded Features
List By
Imran Khan

Listing Agent

Realty Executives Today

Broker

718-274-2400

Contact

Affordability Calculator

$8,008
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,472
Monthly Property Taxes
$1,536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892219 Elementary School
5162815 Middle School
Contact Agent High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$1,025,000 Listed Price

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1524 124th Street, College Point, NY, 11356 is a Commercial Property for sale at $1,025,000 with 5,400 sqft and a lot size of 0.1148. 1524 124th Street was built in 1931. The property's zip code is 11356 which is in College Point, NY