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$1,025,000
1524 124 Street, College Point, NY, 11356
12
Beds
6
Baths
"Rare investment opportunity in the heart of College Point! This massive, completely detached three-story multi-unit building sits on an expansive 5,000 sq. ft. lot, offering a scale and footprint that is hard to find. Featuring 24 rooms, 6 kitchens, and 6 bathrooms, plus a full basement, the potential for high-yield rental income is unmatched. ***Currently 4 units vacant; 5 will be vacant by closing. Only one unit remains occupied. ***
The property is currently configured with three vacant units, while the others remain occupied—providing immediate cash flow while you renovate the rest. Please note: This home is looking for a buyer with a vision. It requires a significant amount of love, care, and a full renovation to restore it to its true glory.
Offered By
Imran Khan, Realty Executives Today
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
12
Bathrooms (Full)
6
Property Sub Type
Quadruplex
MLS #
954446
Heating
Natural Gas
Cooling
None
Utility Features
Electricity Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1931
Basement
Full
PARKING SPACES
4
Parking Features
Carport
Lot Features
Back Yard, Cleared
Garage spaces
2
CITY
College Point
COUNTY
Queens
STATE
NY
SENIOR COMMUNITY
No
TAX AMOUNT
18017.0
LATEST UPDATE
2026-04-28T21:55:02.819Z
DAYS ON MARKET
95
PRICE CHANGE(S)
$1,025,000 Apr 28, 2026
CUMULATIVE DAYS ON MARKET
95
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
12
Bathrooms (Full)
6
Property Sub Type
Quadruplex
MLS #
954446
New Properties On Market
27
4%
Decrease In New Listings
Average Asking Price
$961,356
$166,522 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$702
$242 Increase In List Price/Sq. Ft.
Average Days On Market
6
14 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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HOA Dues
Interest Rate
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Details provided by OneKey and may not match the public record. Information Copyright 2025, All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.