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Renovated Detached Duplex with Basement
New
For Sale
$1,198,000

7-23 124, Flushing, NY 11356

Residential Income, Flushing, NY

Property SizeContact for details
Days on Market3

Property Features for 7-23 124

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 2, Bedroom 6, Basement, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4
Basement Finished
Elementary school Ps 129 Patricia Larkin
Middle school Jhs 194 William Carr
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7388

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Building Details

Year built 1920
Number of units 2
Listing Agency: B Square Realty
Listed By: Ding Yu
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 19 at 8:06AM
MLS# 1052140

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 detached duplex in Flushing was built in 1920 and has six bedrooms and three full bathrooms across its two-family layout. The property includes a finished walk-out basement with its own entrance, along with a new boiler, multi-unit split-system air conditioning, and an updated roof. Public water, public sewer, and natural gas availability serve the property.

A bus stop is located at the corner, with an approximately 15-minute ride to Main Street. The home is also near commercial areas, grocery stores, schools, and local parks. The property is located at 7-23 124, Flushing, NY 11356.

Key Highlights

  • Detached two‑family property with 6 bedrooms and 3 full bathrooms
  • Finished walk‑out basement with a separate entrance
  • Nearly 1,000 sq. ft. of living space per floor

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Acupuncture (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

1,495
Businesses Nearby

Demographics for 11356, NY

28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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-family detached residence with separate-entry basement space and updated mechanical systems.
Where is this duplex located?
The property is located at 7-23 124 Flushing, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Detached two‑family property with 6 bedrooms and 3 full bathrooms; Finished walk‑out basement with a separate entrance; Nearly 1,000 sq. ft. of living space per floor
More about this property
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