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723 124th StreetCollege Point, NY 11356

For Sale

$1,293,000

Smart Buyer Rebate $16,163

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!

Listed by Ding Yu

·

B Square Realty

·

516-888-8889

Last updated July 28, 2026

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Source: OneKey #1027408

Listing Facts

  • TypeMulti-family
  • NeighborhoodCollege Point
  • Days on Prevu14
  • Taxes$7,387.64/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/17/2026
Listed by B Square Realty
$1,293,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$12,930
Title Insurance
$5,819
Bank Attorney
$1,500
Mortgage Recording Tax
$19,912
Other Closing Costs
$4,000
Total
$48,161

Estimated closing costs are based on the list price of $1,293,000 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 723 124th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1920
  • Construction Materials: Other

Measurements

  • Building Area Total: 1,760
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,500

Financial

Taxes

  • Parcel Number: 03968-0044
  • Tax Annual Amount: $7,387.64
  • Tax Assessed Value: $61,800.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Finished
  • Has Basement: Yes

Parking

Parking

  • Parking Features: Private

Schools

Elementary School

  • Elementary School: Ps 129 Patricia Larkin
  • Elementary School District: Queens 25

High School

  • High School: Flushing High School
  • High School District: Queens 25

Middle or Junior School

  • Middle Or Junior School: Jhs 194 William Carr
  • Middle Or Junior School District: Queens 25

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Electric, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 723 124th Street.

What schools are nearby to 723 124th Street?

Nearby schools include the Ps 129 Patricia Larkin Elementary School, Jhs 194 William Carr Middle School, and Flushing High School.

What are the annual taxes for 723 124th Street?

Annual taxes for this multi-family home are estimated at $7,387.

How does 723 124th Street compare to other multi-family homes in College Point?

This multi-family home is listed 20% below the average price for multi-family homes in College Point and has been on the market for 77 less days than the typical home in this area.

723 124th Street is a -bedroom multi-family home for sale in College Point NY 11356. Listed on Prevu for 14 days at $1,293,000. This home is located in College Point. The median listing price for multi-family homes in this area is $1,250,000. Nearby schools include Ps 129 Patricia Larkin Elementary School, Jhs 194 William Carr Middle School, and Flushing High School. Additional amenities include parking. Explore more 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.