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

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$1,025,000 Just Listed

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Active
Commercial
Updated 1 day ago

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Property Description

Rare 6-family investment opportunity in central College Point! This fully detached 3-story building sits on an oversized 5,000 sq. ft. lot and requires a full renovation-perfect for an investor aiming to renovate and capture market rents. Key Features: Layout: 6 two-bedroom apartments (12 BD / 6 BA total) plus a full basement. Occupancy: 5 units delivered VACANT at closing; 1 unit occupied. Parking & Yard: Detached 2-car garage, and additional 3 Parking , large backyard, and ample extra parking. Location: Minutes to shopping, dining, schools, public transit, 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: Commercial
Source: Long_Island
MLS ID: 1039889
Updated: 8/18/2026
Added to Site: 2 day(s) ago

Parking

Parking Features: Carport, Detached, Driveway, Garage

Location

County: Queens
Driving Directions: GPS

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: Natural Gas
Heating Zones: 1

Utilities

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

Structural Information

Detached/Attached: Detached
Construction: Aluminum Siding
Basement: Yes
Basement Desc.: Full Basement, Partially Finished, Walk-Out Access
Stories/Levels: 3
Stories in Building: 3
Building Size: 5400
Square Feet: 5,400
Year Built: 1931

Lot Features

Lot Size (Acres): 0.1148
Lot Size (Sq. Ft.): 5,000
Zoning: R4A

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

8/18/2026

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# 1039889) is a Commercial property. 1524 124th Street is currently listed for $1,025,000 and was received on August 18, 2026. Want to learn more about 1524 124th 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.

15-24 124th St College Point, NY 11356