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23-40 124th Street, Queens, NY 11356

Queens
Local realty services provided by:CENTURY 21 STANDARD REAL ESTATE
23-40 124th Street,Queens, NY 11356
$1,250,000
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  • 4 Beds
  • 3 Baths
  • 2,178 sq. ft.
  • Multi-family
  • Pending
Listed by: pamela fulfrost
Office: robert defalco realty, inc.
MLS#:2602035
Source:NY_SIBOR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$573.92

About this home

Two family residence in need of updating, offering a strong value-add opportunity for qualified builders and developers to reposition or redevelop a property to its highest and best use. Situated on a 48' x 100' lot, the property includes a detached two car garage, an increasingly rare and valuable feature in the area. The home is underbuilt relative to current allowable residential FAR under R4A zoning, presenting meaningful potential for expansion or redevelopment. There may be opportunities to explore reconfiguration, enlargement, or the addition of an internal or external Accessory Dwelling Unit (ADU) subject to buyer due diligence and all required approvals. Located on a quiet residential block, the property is close to local shopping, schools, parks, and transportation, supporting long term resale or rental demand once improved. The home is currently tenant occupied but expected to be delivered vacant, allowing buyers to proceed with renovation or construction plans...

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Home facts

  • Year built:1920
  • Listing ID #:2602035
  • Added:164 day(s) ago
  • Updated:October 10, 2026 at 07:53 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Living area:2,178 sq. ft.

Heating and cooling

  • Heating:Hot Water, Oil

Structure and exterior

  • Year built:1920
  • Building area:2,178 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Colonial
  • Construction Materials:Aluminum Siding

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$573.92
  • Tax amount:$6,444

Parking

  • Garage:Yes
  • Garage spaces:2
This information has been obtained from sources believed to be reliable, but no representations or warranties, expressed or implied, as to the accuracy of the information are being made by Ithaca Board of REALTORS® or CENTURY 21 STANDARD REAL ESTATE. Anyone using this information without independently verifying its accuracy bears all risk for any inaccuracies. NY_SIBOR Member Broker: Herman Herrera

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