BEDS12
BATHS6 full
MLS#954446
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
Rare investment opportunity in the heart of College Point! This massive, completely detached three-story multi-unit building sits on an expansive 5,000 sq. ft. lot, offering a scale and footprint that is hard to find. Featuring 24 rooms, 6 kitchens, and 6 bathrooms, plus a full basement, the potential for high-yield rental income is unmatched. ***Currently 4 units vacant; 5 will be vacant by closing. Only one unit remains occupied. ***The property is currently configured with three vacant units, while the others remain occupied-providing immediate cash flow while you renovate the rest. Please note: This home is looking for a buyer with a vision. It requires a significant amount of love, care, and a full renovation to restore it to its true glory.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Garage: 2
Heating: Natural Gas
Lot Size: 0.11 Acres
Taxes: $18,017
Year Built: 1931
Amenities
Storage
Feature Descriptions
Building Area Total: 5400
Days on Site: 166
Exterior: Aluminum Siding
GarageY/N: Yes
Heating Units: 1
Included In Taxes: Trash
Lot Dimensions: 50x100
Lot Features: Back Yard, Cleared
On Market Date: 2026-01-23
Parcel Number: 4040860031
Parking Features: Carport
Parking Total: 4
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected
Water: Public
Local Schools
Elementary School: Contact Agent
School District: Contact Agent
Estimate Your Payment
Estimated Payment
$ 6,983.33 per month $5,182.96 Principal & Interest $1,501.42 Property Tax $298.96 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Realty Executives Today
Agency Contact: 718-274-2400
Shown By
Agent Name: Sahiyah Jabbar
Agent Phone: (929) 550-9614
Agency Title: Coldwell Banker American Homes
1524 124 Street | MLS# 954446
This multi-family property located at 1524 124 Street, College Point, NY 11356 is currently listed for sale with an asking price of $1,025,000. 124 Street is located within the Contact Agent school district. Search College Point real estate on sahiyahjabbar.cbamhomes.com today.