1524 124 Street, College Point, NY 11356 - Photo 1

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$1,025,000 Just Listed

For Sale
Active
Multi-Family
12 Total Beds
2 Car Garage
Updated 15 hours ago

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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. 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.

Full Property Details

Full Property Details for 15-24 124th St

General

Price: $1,025,000
Taxes: $18,017
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 954446
Updated: 1/23/2026
Added to Site: 1 day(s) ago

Interior

Interior Features: Storage

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 4
Parking Features: Carport

Location

County: Queens
Cross Streets: 231
Driving Directions: GPS

School Information

High School District: Contact Agent
Elementary School: Contact Agent
Middle School: Call Listing Agent

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected

Structural Information

Detached/Attached: Detached
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Full Basement
Building Size: 5400
Square Feet: 5,400
Year Built: 1931

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 5,000
Lot Dimensions: 50 x 100
Lot Features: Back Yard, Cleared

Financial Considerations

Taxes Include: Trash
Tax Amount: $18,017

Disclosures and Reports

Special Conditions: None
Property ID: 4040860031
Block: 4086
Lot Number: 31

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Schools

Schools serving 15-24 124th St

School District:New York City Geographic School District 25

Name	Grades	Distance
Ps 129 Patricia Larkin 128-02 7th Ave, Queens, NY 11356	K-5	0.5 mi
Jhs 194 William Carr 154-60 17th Ave, Queens, NY 11357	6-8	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15-24 124th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/23/2026

Listed

$1,025,000

19.19%

MLS

9/29/2005

Sold

$860,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 15-24 124th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$18,617

8%

$148,936

-58%

2024

$17,241

8%

$352,800

176%

2023

$15,964

10%

$127,691

-63%

2022

$14,504

3%

$348,300

3%

2021

$14,057

-2%

$339,300

-9%

2020

$14,290

8%

$372,150

-1%

2019

$13,231

14%

$376,650

283%

2017

$11,568

—

$98,224

8%

2017

$11,568

2%

$90,951

3%

2016

$11,364

—

$88,147

—

2015

$11,354

14%

$88,128

8%

2014

$9,932

6%

$81,601

8%

2013

$9,398

—

$75,557

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4
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Total Baths
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Sq. Ft.

Listed by RE/MAX 1st Choice

1524 124 Street, College Point, NY 11356 (MLS# 954446) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 1524 124 Street is currently listed for $1,025,000 and was received on January 23, 2026. Want to learn more about 1524 124 Street? Do you have questions about finding other Multi-Family 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.

15-24 124th St College Point, NY 11356