Four-Unit
For Sale
$1,189,000
Pending
87-20 124th Street, Richmond Hill, NY 11418
Separate residential units support flexible owner-occupancy or leasing arrangements, with three currently occupied.
Property SizeContact for details
Days on Market675
Property Features for 87-20 124th Street
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
75%
Additional Details
Public Transit
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,895
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
TMT Realty NY Corp
(718) 835-1914
Listed By:
Terienarine Ramnarine · License #10311207657
(917) 600-3576
Source:
Exitrealty
Added: Dec 10, 2024
Changed: Sep 1
Last Checked: Sep 15 at 5:14AM
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 TMT Realty NY Corp
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Investment Insights
Based on property information with market context.
This quadplex at 87-20 124th Street contains four separate residential units within a property built in 1910. Three of the four units are occupied, and the property will not be delivered vacant, providing an existing occupancy profile for buyers evaluating continued residential leasing or an owner-occupancy arrangement.
The property is near E, J, and Z subway service, with schools, parks, shopping centers, and dining options also located nearby. Its Richmond Hill, NY 11418 address places the building within Queens and provides access to surrounding community amenities and public transportation.
The property is near E, J, and Z subway service, with schools, parks, shopping centers, and dining options also located nearby. Its Richmond Hill, NY 11418 address places the building within Queens and provides access to surrounding community amenities and public transportation.
Key Highlights
- Four separate residential units
- Three of four units are occupied
- Property will not be delivered vacant
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,918
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Separate residential units support flexible owner-occupancy or leasing arrangements, with three currently occupied.
Where is this quadplex located?
The property is located at 87-20 124th Street Richmond Hill, 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 separate residential units; Three of four units are occupied; Property will not be delivered vacant
