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    Queens Multi-Family Investment Opportunity Title is generated by Realmo AI

    87-20 124th St, Queens, NY 11418

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    For Sale
    $1,189,000

    Four-family house in Queens, ideal for investors or rental income.

    Type:Investment
    Lot size:
    0.06 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    220
    Last Refresh:
    Jul 2 at 7:24 am

    Property Features for 87-20 124th St

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1910

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    Munesh Ramnarine

    Listing office

    Listing date Nov 28, 2025

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Munesh Ramnarine

    HighLights

    • Four‑family house offering significant rental income potential.
    • Conveniently located near E, J, and Z subway lines for easy access to Manhattan.
    • Proximity to schools, parks, shopping centers, and diverse dining options.
    • Well‑designed layout ensures privacy for each of the four units.
    • Excellent investment opportunity in the heart of Queens.
    • Built in 1910, offering historical charm and character.

    Overview

    Located at 87-20 124th St in Richmond Hill, Queens, New York, this expansive four-family house presents an investment opportunity and a multi-family residence. The property is situated in the community of Jamaica, with proximity to the E, J, and Z subway lines, providing access to Manhattan and surrounding areas. It is also near schools, parks, shopping centers, and dining options. The property includes four separate units, offering potential for rental income. The layout ensures privacy for each unit, making it suitable for long-term leasing. Three out of the four units are occupied, and the property will not be delivered vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Gym & Fitness Center Acupuncture Restaurant Nursing Home Coworking & Hybrid Office Nursing Home Restaurant Restaurant Veterinary Clinic Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8348
    Latitude
    40.7002

    FAQs

    What type of property is this?
    Quadplex - Four-family house in Queens, ideal for investors or rental income.
    Where is this quadplex located?
    The property is located at 87-20 124th St Queens, NY.
    What is the asking price?
    The asking price for this property is $1,189,000.
    What are key features of this property?
    This property features: Four‑family house offering **significant rental income potential**.; Conveniently located near E, J, and Z subway lines for **easy access to Manhattan**.; Proximity to schools, parks, shopping centers, and diverse dining options.
    More about this property
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