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0 Beds
0 Baths
8,928 sqft

$1,688,000

11-41 123rd Street, College Point NY, 11356

Price per sqft$189.07
Built in1928
Property size8,928 sqft
Property typeMulti-family
Courtesy of Chase Global Realty Corp, Sophia X. Yao Listing Contact: 718-355-8788

Overview

Active

Listed Sep 15, 2026

Updated 5 days ago

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 apartments, 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.

$11,230/mo

Est. mortgage payment based on a $1,688,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1051016

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$23,743
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cristina Candio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:25 AM UTC on 10/3/2026. 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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OneKey MLS. All rights reserved.

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