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$1,688,000 Just Listed
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Property Description
Rare opportunity in the heart of College Point! This oversized Legal 7-Family is a detached, all-brick Italianate-style property offering exceptional scale and investment potential. Situated on approximately 9,503 SF of land, the building offers approximately 8,928 SF of living space, measuring approximately 48' x 62', with nearly 3,000 SF per floor. R4A zoning, annual property taxes approximately $23,742, and 8 electric meters. Bright and spacious throughout with impressive high ceilings, abundant windows, and excellent natural light. Layout: Main Level features two apartments, each with 2 bedrooms, living room with fireplace, open updated kitchen, Sunroom/Office, and bath. Second Level features two apartments, each with 2 bedrooms, living room with fireplace, open updated kitchen, and bath. Third Level features two spacious 3-bedroom, 1-bath apartments. Walk-In Level features an additional 4-bedroom, 1-bath apartment with living room and kitchen. Additional basement with separate entrance. Updated heating and electrical systems, multiple front and rear entrances, plus a long private driveway with parking for multiple cars. Conveniently located near shopping and transportation with easy access to buses connecting to Flushing/Main Street, subway and LIRR. Nearly 10,000 SF of land + approximately 9,000 SF of living space + Legal 7-Family + 8 electric meters + detached all-brick construction. Excellent opportunity for long-term investors and 1031 Exchange buyers. Cash preferred. Vacant and easy to show!
Full Property Details
Full Property Details for 11-41 123rd St
General
- Price: $1,688,000
- Taxes: $23,743
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1050638
- Updated: 9/15/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Driveway
Location
- County: Queens
School Information
- High School District: Queens 25
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Stone
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Building Size: 8928
- Square Feet: 8,928
- Year Built: 1928
Lot Features
- Lot Size (Sq. Ft.): 9,503
- Zoning: R4A
Financial Considerations
- Tax Amount: $23,743
Disclosures and Reports
- Special Conditions: None
- Property ID: 03997-0040
Listed by Chase Global Realty Corp
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Price & Sales History for 11-41 123rd St
Date
Details
Price
Change
Source
9/14/2026
Listed
$1,688,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 11-41 123rd St
11-41 123rd Street, College Point, NY 11356 (MLS# 1050638) is a Commercial property. 11-41 123rd Street is currently listed for $1,688,000 and was received on September 14, 2026. Want to learn more about 11-41 123rd Street? Do you have questions about finding other Commercial real estate for sale in College Point? You can browse all College Point real estate or contact a Coldwell Banker agent to request more information.

