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Two-Unit Residential Duplex
New
For Sale
$1,225,000

86-12 123rd Street, Richmond Hill, NY 11418

Residential Income, Richmond Hill North, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market2

Property Features for 86-12 123rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features Eat-in Kitchen
Elementary school Jermaine L Green Stem Institute
Middle school Queens Collegiate
High school Queens Collegiate
Elementary school district Queens 28
Middle school district Queens 28
High school district Queens 28
Directions Map quest
Standard status Active
APN 09276-0067
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7457

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1920
Number of units 2
Architectural style Colonial
Listing Agency: Winzone Realty Inc
Listed By: Lawrence Gao · License #10401301792
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 6:06PM
MLS# 1062684

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.

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Investment Insights

Based on property information with market context.

This Colonial-style duplex, built in 1920, contains two apartments, each arranged with four bedrooms and one bathroom. Both units have an eat-in kitchen. Heating is provided by natural gas and steam, with window or wall-mounted cooling units. The property has public water and sewer service.

The lot measures 27 by 100 feet, and the building measures 20 by 54 feet. The J and Z trains at 121st Street station are two blocks away; Kew Gardens LIRR station is a few blocks away on foot.

Key Highlights

  • Two apartments, each with 4 bedrooms and 1 bathroom
  • 27‑by‑100‑foot lot
  • 20‑by‑54‑foot building

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Gym & Fitness Center Cafe & Coffee Shop Veterinary Clinic Nursing Home Clothing & Fashion Store Pet Grooming Service

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

3,665
Businesses Nearby

Demographics for 11418, NY

37,596
Population
12,072
Households
3.1
Avg Household Size
37
Median Age
32%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
22,115
Density / Sq Mi
$84,927
Median Household Income
$44,818
Median Earnings
$1,788
Median Rent
$772,800
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

Frequently Asked Questions

What type of property is this?
Duplex - Two four-bedroom apartments offer separate living spaces, with public transit stations within walking distance.
Where is this duplex located?
The property is located at 86-12 123rd Street Richmond Hill, NY.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Two apartments, each with 4 bedrooms and 1 bathroom; 27‑by‑100‑foot lot; 20‑by‑54‑foot building
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