87-20 124th Street Richmond Hill, NY $ 1,189,000
87-20 124th Street
$ 1,189,000
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87-20 124th Street

Richmond Hill, NY, 11418
$ 1,189,000
Bedrooms8 Baths4.0 Sq 2,470

Monthly Estimate*

$ 7,902

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Multi-Family Home for sale in Richmond Hill, NY

for $1,189,000 with 8 bedrooms and 4 full baths. This 2,470 square foot home was built in 1910 on a lot size of 0.06.

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.

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Multi-Family Active

Price

$ 1,189,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,895

Style

Colonial

Lot Size

0.06

Year Built

1910

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

3536515

Features
Interior
Basement Finished Full
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General
Architectural Style Colonial
High School Thomas A Edison Career-Tech Hs
High School District Queens 28
NumberOfUnitsTotal 4
Lot Size Units Acres
Middle/Junior High School Hillside Arts And Letters Academy
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Queens 28
Elementary School District Queens 28
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* Excluded Features
List By
Terienarine Ramnarine

Listing Agent

Tmt Realty Ny Corp

Broker

tramnarine7@aol.com

Email

Affordability Calculator

$8,060
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,902
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4099254 Elementary School
4100318 Middle School
Thomas A Edison Career-Tech Hs High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$1,189,000 -0.92% Price Down
3/8/2024$1,200,000 Listed Price

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87-20 124th Street, Richmond Hill, NY, 11418 is a Multi-Family Home for sale at $1,189,000 with 2,470 sqft and a lot size of 0.06. 87-20 124th Street has 8 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 11418 which is in Richmond Hill, NY