Water Front Luxury Realty

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$1,599,000
25 Days On Site

8640 123rd Street
Richmond Hill, NY 11418

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,320
SqFt
$370
/SqFt
1931
Built
County:
Queens
Listing courtesy of North East Queens Realty Corp LFERSTER@NEQRealty.com

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8640 123rd Street8640 123rd Street8640 123rd Street8640 123rd Street
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Monthly Payment (Est.)

$7,295
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Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent, generating $107,000 plus annual income. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.

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Listing Snapshot
Price 
$1,599,000
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,320 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0821 Acres
Year Built 
1931
MLS® Number 
892533
Status 
Active
Property Tax 
$24,738.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.0821
Cross Street 
86th Avenue
Number Of Stories 
3
Parking 
No GarageNone
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4320
Utilities 
See Remarks
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Wall/Window Unit(s)
Heating 
BaseboardNatural Gas
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Exterior Features
Construction Details 
Brick
Community Features
School District 
Queens 27
Schools
School District
Queens 27
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of North East Queens Realty Corp LFERSTER@NEQRealty.com


Based on information submitted to the MLS GRID as of 2025-08-16 02:01 PM EDT. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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