2 months on rocket

18-12/10 124th St, College Point, NY, 11356

$1,650,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
Multi
Schools Nearby

Location

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18-12/10 124th St, New York$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Driveway
Year Built1931
HeatingElectric, Natural Gas, Baseboard
CoolingNone
BasementYes
MLS #3541400
Lot Size0.11 Acres
StatusActive
(A)

About 18-12/10 124th St

This exceptional property presents a truly unique investment opportunity that combines versatility & potential for substantial returns. Comprising a meticulously well maintained 4-Family Building (Address 18-12) with Private Driveway to Park Multiple Cars. The 1st Floor Offers 2 (2 Bedroom Units) 2nd Floor Offers 2 (1 Bedroom Units) with fully finished Basement. Alongside a Separate, Fully-Detached 1-Family House (Address 18-10), this offering caters to both the savvy investor & those seeking a serene & spacious living environment. Adjacent to the 4 Family Building stands a charming 1-Family House, providing a perfect blend of exclusivity & space. This fully-detached residence offers a private oasis for its occupants, offering Living Rm, Dining Area, Kitchen, 2 Bedrooms, Full Bath & Basement. The separate nature of this house provides an attractive rental opportunity with the promise of higher rental income due to it's standalone status. Investors will appreciate the potential of this property to generate significant rental income from multiple units, while also benefiting from the long-term appreciation of real estate values in the College Point area. Additionally, the strategic location ensures convenience for tenants, with easy access to amenities, transportation, and recreational facilities. This property presents a one-of-a-kind investment prospect, combining a 4-family building & a separate 1-family house in the College Point neighborhood. The blend of rental potential & prime location sets the stage for a truly rewarding investment journey.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1931

Listing Office:

  • Office Name: Keller Williams Landmark II
  • Office Phone: (347) 846-1200

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

18-12/10 124th St vs New York

61 DAYS ON ROCKET

-35 Days

$1,650,000

+$800.8K More

KEY TAKEAWAY

This property is $800.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3541400

Listing Office:

  • Office Name: Keller Williams Landmark II
  • Office Phone: (347) 846-1200

IDX 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.

IDXThe 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 2024, 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: 6/1/2024, 7:11:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6609121
7
/10

  • PS 29

  • 12510 23rd Ave

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-6609122
8
/10

  • PS 242 Leonard P Stavisky Early Childhood School

  • 2966 137th St

  • 0.80 miles

  • Public District Grades PK-3

school-card-donut-6609123
5
/10

  • PS 129 Patricia Larkin

  • 12802 7th Ave

  • 0.93 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,384. The most common annual income of people living in New York, NY is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11356›18-12/10 124th St

This home is located at 18-12/10 124th St in College Point, NY and zip code 11356 in the College Point neighborhood. This home, which was built in 1931, sits on a 0.11 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,650,000.

Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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