1141 123th Street, New York, NY, 11356
$1,688,000
activeLot Size
9,503 sqft
Year Built
1928
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Rare opportunity in the heart of College Point! This oversized Legal 7-Family is a detached, all-brick Italianate-style property offering exceptional scale and investment potential. Situated on approximately 9,503 SF of land, the building offers approximately 8,928 SF of living space, measuring approximately 48’ x 62’, with nearly 3,000 SF per floor. R4A zoning, annual property taxes approximately $23,742, and 8 electric meters. Bright and spacious throughout with impressive high ceilings, abundant windows, and excellent natural light. Layout: Main Level features two apartments, each with 2 bedrooms, living room with fireplace, open updated kitchen, Sunroom/Office, and bath. Second Level features two apartments, each with 2 bedrooms, living room with fireplace, open updated kitchen, and bath. Third Level features two spacious 3-bedroom, 1-bath apartments. Walk-In Level features an additional 4-bedroom, 1-bath apartment with living room and kitchen. Additional basement with separate entrance. Updated heating and electrical systems, multiple front and rear entrances, plus a long private driveway with parking for multiple cars. Conveniently located near shopping and transportation with easy access to buses connecting to Flushing/Main Street, subway and LIRR. Nearly 10,000 SF of land + approximately 9,000 SF of living space + Legal 7-Family + 8 electric meters + detached all-brick construction. Excellent opportunity for long-term investors and 1031 Exchange buyers. Cash preferred. Vacant and easy to show!
Listed by Sophia X. Yao, Chase Global Realty Corp
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Sep 14, 2026, 9:16 PM UTC (date and time MLS GRID Data was obtained). 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.
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