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$1,189,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 8 Total Beds
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Welcome to 87-20 124th St, Richmond Hill, NY 11418 - a distinguished investment opportunity and a haven for those seeking a multi-family residence in the heart of Queens. This expansive 4-family house offers a unique blend of comfort, convenience, and potential for rental income. Nestled in the vibrant community of Jamaica, this property enjoys proximity to major transportation hubs, including the E, J, and Z subway lines, providing easy access to Manhattan and surrounding areas. Additionally, it is conveniently situated near schools, parks, shopping centers, and a variety of dining options. With four separate units, each equipped with its own distinct charm, this property presents an excellent opportunity for investors or those looking to offset their mortgage through rental income. The well-designed layout ensures privacy for each unit, making it an ideal investment for long-term leasing. *3 out of 4 units are occupied. Property will not be delivered vacant.

Full Property Details for 87-20 124th St

General

  • Price: $1,189,000
  • Taxes: $1,895
  • Status: Pending
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: L3536515
  • Updated: 12/4/2024
  • Added to Site: 680 day(s) ago

Interior

  • Number of Rooms: 20

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: On Street

Location

  • County: Queens
  • Cross Streets: 89th Ave

School Information

  • High School District: Queens 28
  • Middle School: Hillside Arts And Letters Academy
  • High School: Thomas A Edison Career-Tech Hs

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Detached/Attached: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Finished, Full Basement
  • Year Built: 1910

Lot Features

  • Lot Size (Sq. Ft.): 2,470
  • Lot Dimensions: 26 x 95
  • Lot Features: Near Public Transit, Near School, Near Shops

Financial Considerations

  • Tax Amount: $1,895
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Property ID: 09332-0014
  • Block: 9332
  • Lot Number: 14

Listed by TMT Realty NY Corp

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Listing agents

— 87-20 124th St —

  • TMT Realty NY Corp

  • TMT Realty NY Corp

718-835-1914

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 87-20 124th St

School District:New York City Geographic School District 28
NameGradesDistance
Ps 54 Hillside
86-02 127th St, Queens, NY 11418
K-50.2 mi
Jhs 217 Robert A Van Wyck
85-05 144th St, Queens, NY 11435
6-81 mi
Richmond Hill High School
89-30 114th St, Queens, NY 11418
9-120.5 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 87-20 124th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/19/2024
Sold
$1,125,000
-5.38%
Public Record
3/29/2024
Price Reduced
$1,189,000
-0.92%
MLS
3/08/2024
Listed
$1,200,000
—
MLS
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 87-20 124th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,434
—
$41,990
-33%
2024
$8,424
10%
$62,820
59%
2023
$7,667
3%
$39,571
-41%
2022
$7,460
2%
$67,320
18%
2021
$7,286
2%
$57,240
-1%
2020
$7,111
—
$57,540
-1%
2019
$7,102
15%
$58,260
77%
2017
$6,188
—
$32,976
4%
2017
$6,188
9%
$31,825
6%
2016
$5,692
6%
$30,024
3%
2015
$5,393
110%
$29,160
—
2014
$2,572
-43%
$29,128
6%
2013
$4,535
—
$27,480
—
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 87-20 124th St

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

Listed by TMT Realty NY Corp

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87-20 124th Street, Richmond Hill, NY 11418 (MLS# L3536515) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 87-20 124th Street is currently listed for $1,189,000 and was received on March 08, 2024. Want to learn more about 87-20 124th Street? Do you have questions about finding other Multi-Family real estate for sale in Richmond Hill? You can browse all Richmond Hill real estate or contact a Coldwell Banker agent to request more information.

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