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
Bedrooms12 Baths6.0 Sq 5,400

Monthly Estimate*

$ 6,472

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Multi-Family Home for sale in College Point, NY

for $1,025,000 with 12 bedrooms and 6 full baths. This 5,400 square foot home was built in 1931 on a lot size of 0.1148.

Rare investment opportunity in the heart of College Point! This fully detached, three-story, six-family building sits on a generous 5,000 sq. ft. lot and offers incredible income-producing potential. The property features 12 bedrooms, 24 total rooms, 6 kitchens, 6 full bathrooms, and a full basement. Each apartment consists of 2 bedrooms, a living room, a kitchen, and a full bathroom. Five of the six units will be delivered vacant at closing, providing a rare opportunity for an investor or end user to renovate, set market rents, or customize the building to their needs. Only one unit will remain occupied.Includes a 2-car garage, a big backyard, and plenty of extra parking. This property requires a full renovation and is ideal for buyers with vision looking to restore and maximize its value. Opportunities like this are hard to find in College Point. Conveniently located near shopping, restaurants, public transportation, schools, and major highways.

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Multi-Family Active

Price

$ 1,025,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 18,435

Style

Colonial

Lot Size

0.1148

Year Built

1931

Town/City

College Point

County/Region

Queens

MLS | Web ID

1028365

Features
Interior
Interior Amenities Other
Basement Partially Finished
Basement Features Partially Finished
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 12
Total Baths 6
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General
Sewer Public Sewer
Heating Baseboard Other
Cooling None
Utilities Electricity Connected Sewer Connected Water Connected
Garage Spaces 2
Architectural Style Colonial
Construction Materials Aluminum Siding
Year Built 1931
Property Subtype Triplex
Tax Year 2025
Parcel Number 04086-0031
County Queens
Property Type Residential Income
Garage Y/N Y
Full Baths 6
High School Contact Agent
City New York
Disclosures Lead Paint
Senior Community Y/N N
High School District Contact Agent
Number Of Units Total 6
Carport Spaces 2
Carport Y/N Y
Elementary School Contact Agent
Property Attached Y/N N
Tax Annual Amount 18435.32
Middle/Junior High School Call Listing Agent
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
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Exterior
Parking Features Carport Detached Carport Detached
Water Source Public
Spa N
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
7/23/2026$1,025,000 Listed Price

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1524 124th Street, College Point, NY, 11356 is a Multi-Family Home for sale at $1,025,000 with 5,400 sqft and a lot size of 0.1148. 1524 124th Street has 12 bedrooms, 6.0 baths, and was built in 1931. The property's zip code is 11356 which is in College Point, NY