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Brick Two-Family Duplex
For Sale
$1,980,000

101-64 123 Street, South Richmond Hill, NY 11419

Residential Income, Richmond Hill S., NY

Property SizeContact for details
Lot Size0.08 Acres
Days on Market8

Property Features for 101-64 123 Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 7
Parking 8
Parking features Parking Lot, Garage, Driveway
Interior features Eat-in Kitchen, Marble Counters
Basement Finished
Elementary school Ps 123
Middle school Ms 137 America'S School-Heroes
High school Richmond Hill High School
Elementary school district Queens 27
Middle school district Queens 27
High school district Queens 27
Directions 495 Highway exit 5
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7493

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

balcony
backyard

Building Details

Year built 1965
Number of units 2
Building materials Brick
Listing Agency: Winzone Realty Inc
Listed By: Xiao Feng Pan CBR
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 24 at 12:06PM
MLS# 1039424

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 101-64 123 Street in Richmond Hill S., this 1965-built semi-detached brick duplex contains two residential units and is fully tenant occupied. The property includes two recently installed kitchens, separate gas heating systems, a rear balcony serving the second floor, and a concrete-finished front driveway and backyard. Interior features include eat-in kitchens and marble counters, while cooling is provided by window or wall/window units.

The 0.0768-acre property is three blocks from the A train’s Lefferts Boulevard station, identified as the line’s last stop, and one block from Liberty Avenue’s commercial corridor. Parking is provided through the garage, driveway, and parking lot areas, with capacity for up to 8 cars. Public water and public sewer serve the property. The stated cap rate is 5.5%.

Key Highlights

  • Two‑family semi‑detached brick duplex built in 1965
  • Fully tenant occupied with a stated 5.5% cap rate
  • Two brand‑new kitchens and two new separate gas heaters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Gym & Fitness Center Nursing Home Clothing & Fashion Store Cafe & Coffee Shop Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,273
Businesses Nearby

Demographics for 11419, NY

47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied residence with updated kitchens, separate gas heating, rear balcony, and parking for up to eight vehicles.
Where is this duplex located?
The property is located at 101-64 123 Street South Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Two‑family semi‑detached brick duplex built in 1965; Fully tenant occupied with a stated 5.5% cap rate; Two brand‑new kitchens and two new separate gas heaters
More about this property
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