$10,000 Closing Credit¹
#852012, Listing Office: Winzone Realty Inc
$1,189,000 List price
87-20 124th St Richmond Hill, NY 11418
$10,000
Closing credit¹
8 beds
4 full
Multi-Family
Property details
About 87-20 124th St
Welcome to 87-20 124th St, Richmond Hill, NY 11418 - a distinguished investment opportunity and a haven for those seeking a multi-family residence in the heart of Queens. This expansive 4-family house offers a unique blend of comfort, convenience, and potential for rental income. Nestled in the vibrant community of Jamaica, this property enjoys proximity to major transportation hubs, including the E, J, and Z subway lines, providing easy access to Manhattan and surrounding areas. Additionally, it is conveniently situated near schools, parks, shopping centers, and a variety of dining options. With four separate units, each equipped with its own distinct charm, this property presents an excellent opportunity for investors or those looking to offset their mortgage through rental income. The well-designed layout ensures privacy for each unit, making it an ideal investment for long-term leasing. *3 out of 4 units are occupied. Property will not be delivered vacant.
Highlights
Home typeQuadruplex
HeatingNatural Gas, Steam
StatusSale Pending
(Pending)
(Pending)
Year built1910
ParkingOn Street
MLS #L3536515
Summary
- Full Bathrooms: 4
- Basement: No
- Total Bedroom Count: 8
- Private Pool: No
- Parking: On Street
- Architectural Style: Colonial
- Heating: Natural Gas, Steam
- Cooling: None
- List Price: $1,189,000
- Lot: Near Public Transit
- Year Built: 1910
- MLS Number: L3536515
- MLS Name: ONEKEY2
- Office Name: TMT Realty NY Corp
- Office Phone: (718) 835-1914
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/30/2025, 11:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,189,000
87-20 124th St
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
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Tax history
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Nearby schools
5
P.S. 54 Hillside School
Public District KG-5
0.3 mi
•8602 127th St
5
P.S. 56 Harry Eichler School
Public District 2-5
0.5 mi
•8610 114th St
7
P.S. 55 The Maure School
Public Magnet KG-5
0.6 mi
•131-10 97th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,086. The most common annual income of people living in Richmond Hill, NY is between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
34%
<35k
45%
35k-100k
17%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
21%
Single, with Kids
18%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 87-20 124th St in Richmond Hill, NY and zip code 11418 in the Southwestern Queens neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 8, 2024 and is currently priced at $1,189,000.
Richmond Hill, NY housing market in March 2025 saw over 180 listings sold above listed price, more than 763 sold at listed price and over 693 sold below. In March 2025 in Richmond Hill, NY there were 5.1% more homes for sale than in February. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.
From Rocket Homes Real Estate and based on county public records data.