23-40 124th Street Queens, NY 11356
MULTI_FAMILY - Colonial - Queens, NY
Property size:
2,178 SFLot size:
0.11 AcresPrice / SF:
$573/SF- Added:
- Apr 16, 2026
- Days on Market:
- 21
- Last Refresh:
- May 6 at 2:06 pm
Property Features for 23-40 124th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4A
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2
- Parking features
- Off Street, Driveway
- Fencing
- Fenced, Chain Link
- Basement
- Unfinished
- Standard status
- Active
- Size
- 2,178 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6444
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Oil
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Aluminum Siding
- Architectural style
- Colonial
Listing agent Pamela Fulfrost (718) 987-7900
Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY (718) 987-7900
Listing date Apr 16, 2026
MLS# 2602035
Listing URL
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant value‑add opportunity for builders/developers due to underbuilt status relative to R4A zoning, allowing for expansion or redevelopment.
- Detached two‑car garage, a rare and valuable feature in the area.
- Large 48' x 100' lot size.
- Potential for Accessory Dwelling Unit (ADU) addition (subject to due diligence and approvals).
- Convenient location near shopping, schools, parks, and transportation.
- Property expected to be delivered vacant, enabling immediate renovation or construction.
Overview
Queens Two-Family Home Value-Add Opportunity
This two-family residence, situated in Queens, presents a value-add opportunity for builders and developers. Located on a 48' x 100' lot, the property features a detached two-car garage. The home is underbuilt relative to the current allowable residential FAR under R4A zoning, suggesting potential for expansion or redevelopment. Reconfiguration, enlargement, or the addition of an internal or external Accessory Dwelling Unit (ADU) may be possible, subject to buyer due diligence and approvals. The property is located on a quiet residential block near local shopping, schools, parks, and transportation. The home is currently tenant occupied but expected to be delivered vacant, allowing for renovation or construction following closing, subject to confirmation. This property offers the ability to redesign layouts, modernize systems, and potentially enhance rental income upon completion, subject to renovation scope and approvals. The property size is 2178 square feet and the lot size is 0.11 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.84456
- Latitude
- 40.777477
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-family home on a 48' x 100' lot.
Where is this duplex located?
The property is located at 23-40 124th Street Queens, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Significant value‑add opportunity for builders/developers due to underbuilt status relative to R4A zoning, allowing for expansion or redevelopment.; Detached two‑car garage, a rare and valuable feature in the area.; Large 48' x 100' lot size.
