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Two-Family Duplex with Parking

2518 123rd Street, Flushing, NY 11354

For Sale
$1,190,000

Residential Income, Flushing, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market49

Property Features for 2518 123rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 4
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

backyard
washer/dryer

Building Details

Year built 1950
Number of units 2
Building materials Brick
Buildings 1
Listing Agency: City Realty Group · RE/MAX International
Listed By: Emmy D. Cai CBR
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 8 at 12:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This brick, legal two-family home has two distinct residences: a first-floor three-bedroom, one-bath unit and an upper-level three-bedroom, two-bath unit. A washer and dryer serve each floor. The property was built in 1950 and has baseboard heating and ductless cooling.

A 40-by-50-foot parking area accommodates five or more vehicles, and the backyard measures 25 by 35 feet. Q25 and Q26 bus service is nearby, with connections to Main Street and the 7 train.

Key Highlights

  • Legal two‑family property with a three‑bedroom, one‑bath first‑floor unit and a three‑bedroom, two‑bath upper unit
  • Separate washer and dryer on each floor
  • 40‑by‑50‑foot parking area accommodates five or more vehicles

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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Market

Properties on Market for Duplexes in Flushing

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms and its own washer and dryer.
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 property with a three‑bedroom, one‑bath first‑floor unit and a three‑bedroom, two‑bath upper unit; Separate washer and dryer on each floor; 40‑by‑50‑foot parking area accommodates five or more vehicles
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