23-40 124th Street, Queens, NY 11356

Queens
Local realty services provided by:ERA Top Service Realty
23-40 124th Street,Queens, NY 11356
$1,250,000
  • 4 Beds
  • 3 Baths
  • 2,178 sq. ft.
  • Multi-family
  • Pending
Listed by: michael gentilesco
Office: robert defalco realty
MLS#:500600
Source:BROOKLYN

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 following...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:500600
  • Added:168 day(s) ago
  • Updated:September 30, 2026 at 08:23 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Flooring:Hardwood, Tile
  • Kitchen Description:Refrigerator, Stove
  • Basement Description:Unfinished
  • Living area:2,178 sq. ft.

Heating and cooling

  • Heating:Hot Water, Oil

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1920
  • Building area:2,178 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Colonial
  • Construction Materials:Aluminium Siding
  • Exterior Features:Back Yard, Front Yard, Side Yard
  • Foundation Description:Poured Concrete
  • Levels:2 Stories

Finances and disclosures

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

Parking

  • Parking description:Detached Garage
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS.

New listings near 23-40 124th Street