Prevu by reAlpha
BuySellBlogBrowse Listings

1524 124 StreetCollege Point, NY 11356

For Sale

$1,025,000

Smart Buyer Rebate $12,813

"Rare investment opportunity in the heart of College Point! This massive, completely detached three-story multi-unit building sits on an expansive 5,000 sq. ft. lot, offering a scale and footprint that is hard to find. Featuring 24 rooms, 6 kitchens, and 6 bathrooms, plus a full basement, the potential for high-yield rental income is unmatched.

The property is currently configured with three vacant units, while the others remain occupied—providing immediate cash flow while you renovate the rest. Please note: This home is looking for a buyer with a vision. It requires a significant amount of love, care, and a full renovation to restore it to its true glory.

Listed by Imran Khan

·

Realty Executives Today

·

718-274-2400

Last updated January 23, 2026

·

Source: OneKey #954446

Listing Facts

  • TypeMulti-family
  • NeighborhoodCollege Point
  • Bedrooms12
  • Bathrooms6
  • Days on Prevu7
  • Taxes$18,017/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/23/2026
Listed by Realty Executives Today
$1,025,000

Estimated Closing Costs

Total
$40,148
Attorney Fees
$4,000
NYC Mansion Tax
$10,250
Title Insurance
$4,613
Bank Attorney
$1,500
Mortgage Recording Tax
$15,785
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,025,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1524 124 Street

Exterior

Construction

  • Number Of Units Total: 6
  • Year Built: 1931
  • Construction Materials: Aluminum Siding

Measurements

  • Building Area Total: 5,400
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Cleared
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50,100
  • Lot Size Square Feet: 5,000

Financial

Taxes

  • Parcel Number: 4040860031
  • Tax Annual Amount: $18,017.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Storage

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 12

Other

Location

  • Tax Block: 4086
  • Tax Lot: 31

Parking

Parking

  • Carport Spaces: 2
  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Carport
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Contact Agent
  • Elementary School District: Contact Agent

High School

  • High School District: Contact Agent

Middle or Junior School

  • Middle Or Junior School: Call Listing Agent
  • Middle Or Junior School District: Contact Agent

Utilities

Equipment

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 12 bedrooms and 6 bathrooms in this multi-family home at 1524 124 Street.

What schools are nearby to 1524 124 Street?

Nearby schools include the Contact Agent Elementary School and Call Listing Agent Middle School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1524 124 Street.

What are the annual taxes for 1524 124 Street?

Annual taxes for this multi-family home are estimated at $18,017.

How does 1524 124 Street compare to other multi-family homes in College Point?

This multi-family home is listed 25% below the average price for multi-family homes in College Point and has been on the market for 97 less days than the typical home in this area.

1524 124 Street is a 12-bedroom, 6-bath multi-family home for sale in College Point NY 11356. Listed on Prevu for 7 days at $1,025,000. This home is located in College Point. The median listing price for multi-family homes in this area is $1,039,998. Nearby schools include Contact Agent Elementary School and Call Listing Agent Middle School. The home offers parking. View other multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.