$995,000
Active
1 days on market
1524 124th St
📍 College Point, College Point, NY 11356
12.0
Beds
5.0
Baths
1925
Year built
Land
Type
About this property
Investment Opportunity in Central College Point! Fully detached 3-story multifamily building situated on an oversized 5,000 sq. ft. lot. The property features 12 bedrooms, 5 bathrooms, and a full basement. The entire building is currently vacant and will be delivered vacant at closing. Additional features include a detached 2-car garage, additional rear parking, and a large backyard. Property requires major renovation and is being sold as-is. All-cash offer or minimum 50% down payment required. Excellent opportunity for anyone looking to renovate and maximize the property’s potential.
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Amenities & features
Key facts
Rear parking
Fully detached
Full basement
Property details
Property typeLand
Listing statusActive
Lot size5,000 sqft
Year built1925
Days on market1 days
MLS #1059863
Estimated monthly payment
Listing price$995,000
Down payment (20%)$199,000
Loan amount$796,000
Principal & interest (7%, 30yr)$5,295/mo
Property tax (est.)$967/mo
Home insurance (est.)$414/mo
Estimated total$6,676/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.