23-40 124th Street
College Point, NY 11356
4
Bed
3
Bath
2,178Sqft
4,800Sqft(Lot)
Two family residence in need of updating, offering a strong value-add opportunity for qualified builders and developers to reposition or redevelop a property to its highest and best use. Situated on a 48' x 100' lot, the property includes a detached two car garage, an increasingly rare and valuable feature in the area. The home is underbuilt relative to current allowable residential FAR under R4A zoning, presenting meaningful potential for expansion or redevelopment. There may be opportunities to explore reconfiguration, enlargement, or the addition of an internal or external Accessory Dwelling Unit (ADU) subject to buyer due diligence and all required approvals. Located on a quiet residential block, the property is close to local shopping, schools, parks, and transportation, supporting lo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 Full Baths: 2 Half Baths: 1Room Information
Rooms Total: 11 Basement: Unfinished -
Interior Features
Appliances: Gas Range, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Hot Water Has Cooling: Yes Cooling: Multi Units
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Building Information
Year Built: 1920 Construction Materials: Aluminum Siding Private Pool: No
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Lot Information
Lot Size Acres: 4800 Lot Size Square Feet: 4800
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Listing Price Information
Listing Price: $1250000 Original Price: $1388888
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Tax Information
Parcel Number: 4227-0044 Annual Tax: $6444
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Parking Information
Carport, Driveway, Garage, Off Street, On StreetGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: Contact AgentJunior High School: Call Listing AgentSenior High School: Contact Agent -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected -
Location Information
WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 14-21 137th Street, College Point, NY, 11356 | $985,000 | 3 | 2 | 1,092 | 1,092 SqFt |
| 1305 133rd Place, College Point, NY, 11356 | $925,000 | 3 | 2 | 1,444 | 1,444 SqFt |
| 2222 127th Street, College Point, NY, 11356 | $599,999 | 2 | 1 | 510 | 510 SqFt |
| 2012 126th Street, College Point, NY, 11356 | $828,000 | 3 | 3 | 1,290 | 1,290 SqFt |
| 9-04 127th Street, College Point, NY, 11356 | $1,288,000 | 3 | 2 | 1,146 | 1,146 SqFt |
| 7-08 127th Street, College Point, NY, 11356 | $948,000 | 3 | 2 | 1,368 | 1,368 SqFt |
| 125-16 5th Avenue, College Point, NY, 11356 | $889,800 | 3 | 2 | 1,734 | 1,734 SqFt |
| 124-17 6th Avenue, College Point, NY, 11356 | $738,000 | 3 | 2 | 954 | 954 SqFt |
| 1838 120 Street, College Point, NY, 11356 | $1,250,000 | 6 | 3 | 2,600 | 2,600 SqFt |
| 119-07 14th Road, College Point, NY, 11356 | $720,000 | 3 | 2 | 1,125 | 1,125 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 14:39
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