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11-41 123rd Street

College Point, NY 11356
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All-cash preferred. The entire building is now fully vacant. Rare opportunity in the heart of College Point! This oversized Legal 7-Family is a detached, all-brick property offering exceptional scale and investment potential. Situated on approximately 9,503 SF of land, the building offers approximately 8,928 SF, building size: 48’ x 62’, with nearly 3,000 SF per floor. The property features R4A zoning, 8 electric meters, 8 gas meters, and annual property taxes of approximately $23,742. Bright and spacious throughout with high ceilings, oversized windows, abundant natural light, and generously sized rooms. Layout: First floor features two apartments, each with 2 bedrooms, living room with fireplace, open updated kitchen, Sunroom/Office, and bath. Second floor offers two additional apartm ents, each with 2 bedrooms, living room with fireplace, open updated kitchen, and bath. Third floor features two spacious 3-bedroom, 1-bath apartments. The Walk-In Level includes an additional 4-bedroom, 2-bath space, plus a separate 2-bedroom, 1.5-bath apartment currently designated for the superintendent. The Cellar provides 3 additional rooms and a boiler room. Oil heating; owner provides heat and hot water. Additional features include an updated electrical system, multiple front and rear entrances, and a long private driveway with parking for multiple vehicles. Conveniently located near shopping and transportation, with easy bus access to Flushing/Main Street, subway connections, and LIRR. Nearly 10,000 SF of land, approximately 9,000 SF of building area, Legal 7-Family status, 8 electric meters, 8 gas meters, and detached all-brick construction make this a unique opportunity for long-term investors and 1031 Exchange buyers. Cash offers preferred. Property is vacant, easy to show. All information, property details, and representations provided herein are for informational purposes only and are not guaranteed to be accurate or complete. Buyers are responsible for independently verifying all information and conducting their own due diligence regarding the property.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,688,000

AD Id : 91272255

MLS Id : 1051016

Tax Amount : $23,743

Year Built : 1928

County : Queens

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Feature Features

  • Room Information

    Basement: Finished, Full, Walk-Out Access
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1928 Building Area Total: 8928 Construction Materials: Brick, Stone Private Pool: No

  • Lot Information

    Lot Size Square Feet: 9503

  • Listing Price Information

    Listing Price: $1688000

  • Tax Information

    Parcel Number: 03997-0040 Annual Tax: $23743

  • Parking Information

    Driveway

  • School Information

    Elementary School: Ps 129 Patricia Larkin
    Junior High School: Jhs 194 William Carr
    Senior High School: Flushing High School
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1315 130th Street, College Point, NY, 11356 $1,170,000 5 2 -- 0.07 Acre
9-24 129th Street, College Point, NY, 11356 $1,830,000 7 3 -- 0.06 Acre
13-05 128th Street, College Point, NY, 11356 $1,298,000 6 4 -- 0.04 Acre
13-03 A 128th St St, College Point, NY, 11356 $1,290,000 8 4 -- --
22-12/14 126th Street, College Point, NY, 11356 $1,888,000 8 6 -- 0.11 Acre
12520 22nd Avenue, College Point, NY, 11356 $1,229,888 4 2 -- 0.06 Acre
2347 125th Street, College Point, NY, 11356 $1,358,888 -- -- -- 0.07 Acre
921 127th Street, College Point, NY, 11356 $1,298,000 4 2 -- 0.06 Acre
125-12 18th Avenue, College Point, NY, 11356 $1,075,000 4 4 -- --
125-19 14th Ave. Ave, College Point, NY, 11356 $1,749,000 6 5 -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 10/05/2026 @ 20:48

MLS: 1051016 LISTED BY: Sophia Yao, Chase Global Realty Corp 718-355-8788 SOURCE: OneKey MLS

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