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Brick Duplex with Parking
New
For Sale
$1,190,000

2518 123rd Street, Flushing, NY 11354

Residential Income, Flushing, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 2518 123rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Driveway
Interior features First Floor Bedroom
Elementary school Ps 29
Middle school Jhs 185 Edward Bleeker
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 04259-0018
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9954

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Ductless
Water source Public

Amenities

washer/dryer

Building Details

Year built 1950
Number of units 2
Building materials Brick
Listing Agency: City Realty Group · RE/MAX International
Listed By: Emmy D. Cai CBR
Added: Sep 21 Last Checked: Sep 22 at 11:06PM
MLS# 1053246

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.

This semi-detached, legal two-family duplex was built in 1950 with brick construction and includes two distinct residences. The first-floor unit has three bedrooms and one bath, while the second-floor unit provides three bedrooms and two full baths. Each level includes a dedicated washer and dryer. The building measures 22 x 48, and the property includes a 40 x 50 private parking area accommodating five or more vehicles, along with a 25 x 35 backyard. Public water and sewer serve the property, with baseboard heat and ductless cooling.

The property is in Flushing, with access to the Q25 and Q26 bus lines and connections toward Main Street's 7 train. A driveway is included, and the parcel contains 0.1374 acres.

Key Highlights

  • Legal two‑family duplex with 3‑bedroom units on both floors
  • First‑floor residence has 1 bath; second‑floor residence has 2 full baths
  • Dedicated washer and dryer provided on each level

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Garden Center Travel Agency (Bike/Boat/Book/etc) Store

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

1,726
Businesses Nearby

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer three bedrooms each, with two full baths in the upper residence.
Where is this duplex located?
The property is located at 2518 123rd Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Legal two‑family duplex with 3‑bedroom units on both floors; First‑floor residence has 1 bath; second‑floor residence has 2 full baths; Dedicated washer and dryer provided on each level
More about this property
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