***Property back on market, Buyer could not Perform.*** Welcome to 87-59 123rd Street! In today’s real estate climate, this is a great opportunity to make this property truly yours.
Owned by the same family for 40 years, it has provided a place to call home for their family and now it’s time to give another owner the same opportunities. Perfect as an owner-occupied or investment property. This two-family property features 2 bedrooms and 1 bathroom in each unit. With the J/Z trains just a block away, a commute will be simple. The property is move-in ready and has great structural foundation although it can use some cosmetic upgrades, making it an incredible value for the right person looking to invest in their future.
Listed by Kenneth Bascon
·
Real Broker NY LLC
·
855-450-0442
Last updated November 29, 2025
·
Source: OneKey #939592
Listing Facts
TypeMulti-family
NeighborhoodRichmond Hill
Bedrooms4
Bathrooms2
Days on Prevu13
Taxes$5,458/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/28/2025
Listed by Real Broker NY LLC
$799,999
Estimated Closing Costs
Total
$25,419
Attorney Fees
$4,000
Title Insurance
$3,600
Bank Attorney
$1,500
Mortgage Recording Tax
$12,319
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $799,999 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 8759 123rd Street
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Property Condition: Actual
Year Built: 1920
Architectural Style: Other
Construction Materials: Frame
Measurements
Building Area Total: 1,385
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,252
Financial
Taxes
Parcel Number: 09332-0057
Tax Annual Amount: $5,458.00
Tax Assessed Value: $41,340.00
Tax Year: 2023
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Full
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Parking
Parking
Parking Features: Driveway
Schools
Elementary School
Elementary School District: Queens
High School
High School District: Queens
Middle or Junior School
Middle Or Junior School District: Queens
Utilities
Equipment
Heating: Natural Gas, Baseboard, Radiant
Sewer: Public Sewer
Utilities: Trash Collection Public
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 4 bedrooms and 2 bathrooms in this multi-family home at 8759 123rd Street.
What are the annual taxes for 8759 123rd Street?
Annual taxes for this multi-family home are estimated at $5,458.
How does 8759 123rd Street compare to other multi-family homes in Richmond Hill?
This multi-family home is listed 31% below the average price for multi-family homes in Richmond Hill and has been on the market for 104 less days than the typical home in this area.
8759 123rd Street is a 4-bedroom, 2-bath multi-family home for sale in Richmond Hill NY 11418. Available on Prevu for 13 days at $799,999. This property is located in Richmond Hill. The median listing price for multi-family homes in this area is $949,999. Additional amenities include 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 2025, OneKey™ MLS. All Rights Reserved.
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.