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Two-Unit Colonial Duplex
For Sale
$1,259,000

86-12 123rd Street, Richmond Hill, NY 11418

Residential Income, Richmond Hill North, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market202

Property Features for 86-12 123rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features Eat-in Kitchen
Elementary school Jermaine L Green Stem Institute
Middle school Queens Collegiate
High school Queens Collegiate
Elementary school district Queens 28
Middle school district Queens 28
High school district Queens 28
Directions Map quest
Standard status Active
APN 09276-0067
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7457

Utilities

Sewer type Public Sewer
Heating system Steam, Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1920
Number of units 2
Architectural style Colonial
Listing Agency: Winzone Realty Inc
Listed By: Lawrence Gao · License #10401301792
Added: Mar 6 Changed: Sep 13 Last Checked: Sep 24 at 7:06PM
MLS# 968413

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.

Built in 1920, this Colonial-style duplex at 86-12 123rd Street presents a lower four-bedroom, one-bath residence with a matching four-bedroom, one-bath residence above. The property includes eat-in kitchens, natural-gas steam heating, and wall or window air-conditioning units. Public water and public sewer serve the building.

The 27-by-100-foot lot contains a 20-by-54-foot building footprint and totals 0.062 acres. Transit access includes the J and Z trains at the 121st station, approximately two blocks away, while the LIRR Kew Garden Station is a few blocks from the property. The building is located in Richmond Hill North, Queens, NY 11418.

Key Highlights

  • Duplex layout with a 4BR/1BA residence over a second 4BR/1BA residence
  • 27‑by‑100‑foot lot with a 20‑by‑54‑foot building footprint
  • 0.062 acres in Richmond Hill North, Queens

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

3,665
Businesses Nearby

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-level layout with eat-in kitchens, natural-gas steam heat, and public water and sewer service.
Where is this duplex located?
The property is located at 86-12 123rd Street Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,259,000.
What are key features of this property?
This property features: Duplex layout with a 4BR/1BA residence over a second 4BR/1BA residence; 27‑by‑100‑foot lot with a 20‑by‑54‑foot building footprint; 0.062 acres in Richmond Hill North, Queens
More about this property
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