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$1,263,000

  • For Sale
  • Active
  • Multi-Family
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Welcome to this stunning, fully renovated 2-family detached home in a prime location! Just a quick 15-minute commute to bustling Main Street, this property offers the perfect blend of comfortable living and excellent investment potential.Key Features & UpgradesSpacious Layout: 6 large bedrooms and 3 full bathrooms with nearly 1,000 sq. ft. of living space per floor.Income Potential: Finished walk-out basement with a separate entrance, perfect for generating rental income.Major Upgrades: Brand new boiler, modern split system air conditioning, and a recently updated roof.Low Taxes: Highly desirable low annual taxes .Prime LocationTransit: Bus stop right at the corner for a quick 15-minute ride to Main St.Convenience: Steps away from vibrant commercial areas, top-rated schools, grocery stores, and local parks.This is a rare "first-come, first-served" opportunity. It is perfect for both end-users and smart investors!

Full Property Details for 7-23 124th St

General

  • Price: $1,263,000
  • Taxes: $7,387
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 1027408
  • Updated: 8/15/2026
  • Added to Site: 52 day(s) ago

Interior

  • Interior Features: Other

Parking

  • Parking Features: Private

Location

  • County: Queens

School Information

  • High School District: Queens 25
  • Elementary School: Ps 129 Patricia Larkin
  • Middle School: Jhs 194 William Carr
  • High School: Flushing High School

Heating & Cooling

  • Cooling Type: Multi Units
  • Heating Type: Electric, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Finished
  • Building Size: 1760
  • Square Feet: 1,760
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.0574
  • Lot Size (Sq. Ft.): 2,500

Financial Considerations

  • Tax Amount: $7,387.64

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 03968-0044

Listed by B Square Realty

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Listing agent

— 7-23 124th St —

  • B Square Realty

516-888-8889

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7-23 124th St

School District:New York City Geographic School District 25
NameGradesDistance
Ps 129 Patricia Larkin
128-02 7th Ave, Queens, NY 11356
K-50.2 mi
Jhs 194 William Carr
154-60 17th Ave, Queens, NY 11357
6-82 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 7-23 124th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/15/2026
Price Reduced
$1,263,000
-2.32%
MLS
7/17/2026
Listed
$1,293,000
36.39%
MLS
7/20/2023
Sold
$948,000
—
Public Record
Get Price Alerts and Save Property
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 for 7-23 124th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,570
—
$37,979
1%
2025
$7,570
6%
$37,690
-34%
2024
$7,142
6%
$57,180
70%
2023
$6,738
5%
$33,546
-39%
2022
$6,428
-3%
$55,380
8%
2021
$6,661
—
$51,420
1%
2020
$6,648
6%
$50,820
-1%
2019
$6,272
17%
$51,120
83%
2017
$5,376
—
$27,955
6%
2017
$5,376
2%
$26,374
—
2016
$5,272
3%
$26,374
1%
2015
$5,118
8%
$26,174
6%
2015
$4,730
18%
$24,693
6%
2013
$4,001
—
$23,296
—
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.

Estimate the Cost for 7-23 124th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by B Square Realty

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723 124th Street, College Point, NY 11356 (MLS# 1027408) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 723 124th Street is currently listed for $1,263,000 and was received on July 17, 2026. Want to learn more about 723 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.

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