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$944,000
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Property Description
Ideal for savvy investors and primary home owners alike! 87-71-123rd street is a turn key move in ready two family nestled on a beautiful tree lined street of Richmond Hill! Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 1 bath rental which has the ability to generate $3,800/month to assist with mortgage payments over a 3 bedroom 1 bath owners unit, plus a high ceiling basement which has both interior and exterior access. Both units enjoy expansive sun drenched living/dining areas, beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry & adorned with a full fleet of stainless steel appliances. Spacious bedrooms, fully tiled bathrooms adorned with state of the art wall & floor tiles and much more! Must see to appreciate. Prime Richmond Hill Location! Short blocks to J train, E/F At Jamaica Van Wyck, LIRR at Jamaica Station. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities. Just off Jamaica Avenue, 130th Street, Atlantic Avenue, Van Wyck Expressway.
Full Property Details
Full Property Details for 87-71 123rd St
General
- Sold For: $944,000
- Taxes: $6,585
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 901409
- Added to Site: 233 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 2550
- Square Feet: 2,550
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.0413
- Lot Size (Sq. Ft.): 1,800
Financial Considerations
- Tax Amount: $6,585
Disclosures and Reports
- Special Conditions: None
- Property ID: 09332-0052
Listed by Keystone Realty USA Corp
Sold by Sky Port Homes LLC
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Schools
Schools serving 87-71 123rd St
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 54 Hillside 86-02 127th St, Queens, NY 11418 | K-5 | 0.3 mi |
Jhs 217 Robert A Van Wyck 85-05 144th St, Queens, NY 11435 | 6-8 | 1.1 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 87-71 123rd St
Date
Details
Price
Change
Source
2/20/2026
Sold
$944,000
-5.51%
MLS
1/16/2026
Price Increased
$999,000
11.12%
MLS
1/05/2026
Price Reduced
$899,000
-4.26%
MLS
12/18/2025
Price Reduced
$939,000
-2.69%
MLS
10/30/2025
Price Reduced
$965,000
-1.43%
MLS
9/25/2025
Price Reduced
$979,000
-2%
MLS
8/14/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8771 123rd Street, Richmond Hill, NY 11418 (MLS# 901409) is a Multi-Family property that was sold at $944,000 on February 20, 2026. Want to learn more about 8771 123rd 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.

