1524 124th 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 19 hours ago

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Property Description

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.

Full Property Details

Full Property Details for 15-24 124th St

General

Price: $1,025,000
Taxes: $18,435
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 1028365
Updated: 7/22/2026
Added to Site: 2 day(s) ago

Interior

Interior Features: Other

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Carport, Detached

Location

County: Queens

School Information

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

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Other
Heating Zones: 1

Utilities

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

Structural Information

Architectural Style: Colonial
Detached/Attached: Detached
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Partially Finished
Building Size: 5400
Square Feet: 5,400
Year Built: 1931

Lot Features

Lot Size (Acres): 0.1148
Lot Size (Sq. Ft.): 5,000
Lot Dimensions: 50 x 100

Financial Considerations

Tax Amount: $18,435.32

Disclosures and Reports

Special Conditions: None
Property ID: 04086-0031

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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 ATTOM Data Solutions 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

7/22/2026

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

—

$148,968

—

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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1524 124th Street, College Point, NY 11356 (MLS# 1028365) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 1524 124th Street is currently listed for $1,025,000 and was received on July 22, 2026. Want to learn more about 1524 124th 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