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...

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Home facts

  • Year built:1920
  • Listing ID #:500600
  • Added:141 day(s) ago
  • Updated:August 29, 2026 at 07:37 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
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