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    126-01 23Rd Ave Queens, NY 11356

    For Sale
    $1,460,000

    Two-family brick home with finished basement and expansion potential.

    Lot size:
    0.06 Acres

    Property Features for 126-01 23Rd Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    2003

    Source: Chase Global Realty Corp Agent Wei Lin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Family Brick Home on Corner

    This semi-detached, two-family brick home, constructed in 2003, is situated on a 51x50 corner lot. The property features two and a half stories with a walk-out, finished basement that includes an independent entrance. Each unit contains three bedrooms and two bathrooms. The R4A zoning provides opportunities for future expansion or redevelopment. The location offers convenient access to amenities, with BJ's and Target located a five-minute drive away. A bus stop is located across the street from the property. The Flushing Airport project is about to begin, with plans for 3,000 new homes and extensive parkland, which is expected to enhance the community. The property is suitable for either personal use or as a rental investment. The annual property taxes are approximately $11,367.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.919844
    Latitude
    40.778946

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    FAQs

    What type of property is this?
    Duplex - Two-family brick home with finished basement and expansion potential.
    Where is this duplex located?
    The property is located at 126-01 23Rd Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $1,460,000.
    What are key features of this property?
    This property features: - Two-family home featuring two units, each with three bedrooms and two bathrooms, perfect for owner-occupancy or investment.; - Finished, walk-out basement with separate entrance provides additional living space and income potential.; - Conveniently located near shopping (BJ's, Target) and public transportation with a bus stop across the street.
    (718) 313-7899
    Request Owner's contact information
    126-01 23Rd Ave Queens, NY 11356
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    Queens, NY 11356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126-01 23Rd Ave Queens, NY 11356
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