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Renovated Two-Family Duplex
For Sale
$1,263,000

723 124th Street, College Point, NY 11356

Residential Income, College Point, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market47

Property Features for 723 124th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
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
APN 03968-0044
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7388

Utilities

Utilities Water 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: Jul 17 Changed: Aug 29 Last Checked: Sep 1 at 12:06AM
MLS# 1027408

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 was built in 1920 and has six bedrooms and three full bathrooms across its two-family layout. The finished walk-out basement includes its own entrance, while recent improvements include a new boiler, split-system air conditioning, and a replaced roof. Electric heating and multiple cooling units serve the property.

The 0.0574-acre parcel is supplied by public water and public sewer, with water available. The property is located at 723 124th Street in College Point, NY 11356. A bus stop at the corner provides a reported 15-minute ride to Main Street, and the surrounding area includes commercial services, grocery stores, schools, and parks.

Key Highlights

  • Detached two‑family duplex with 6 bedrooms and 3 full bathrooms
  • Finished walk‑out basement with a separate entrance
  • New boiler, split‑system air conditioning, and recently updated roof

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Detached two-family residence with a finished walk-out basement, separate entry, updated mechanical systems, and public utilities.
Where is this duplex located?
The property is located at 723 124th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,263,000.
What are key features of this property?
This property features: Detached two‑family duplex with 6 bedrooms and 3 full bathrooms; Finished walk‑out basement with a separate entrance; New boiler, split‑system air conditioning, and recently updated roof
More about this property
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