87-20 124th St
Listing Notes
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.
Price in context
Cheaper than 42% of the 24 homes listed nearby right now, which run $675,000 to $1,580,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 12513 Jamaica Ave | $675,000 | — |
| 12513 Jamaica Ave | $675,000 | — |
| 8462 Austin St Apt C3 | $675,000 | 1 bd · 1 ba |
| 91-03 121st St | $699,000 | 3 bd · 2 ba |
| 12920 Hillside Ave | $699,999 | — |
| 84-92 Austin St | $718,000 | 2 bd · 1 ba |
| 89-10 121st St | $799,000 | 3 bd · 2 ba |
| 12920 Hillside Ave | $899,999 | — |
| 84-89 129th St | $945,000 | 6 bd · 3 ba |
| 8742 127th St | $970,000 | 5 bd · 3 ba |
| 12310 85th Ave | $999,000 | 3 bd · 3 ba |
| 8632 122nd St | $1,100,000 | 6 bd · 3 ba |
| 8514 123rd St | $1,149,000 | 4 bd · 5 ba |
| 85-29 123rd St | $1,168,000 | 4 bd · 4 ba |
| 84-124 Austin St | $1,199,000 | 4 bd · 3 ba |
| 86-16 120th St | $1,248,000 | 5 bd · 5 ba |
| 86-12 123rd St | $1,259,000 | Studio |
| 8734 132nd St | $1,275,000 | 8 bd · 5 ba |
| 89-25 127th St | $1,349,000 | 6 bd · 5 ba |
| 8430 129th St | $1,349,000 | 3 bd · 2 ba |
| 119-14 89th Ave | $1,375,000 | 5 bd · 3 ba |
| 8430 129th St | $1,495,000 | 3 bd · 2 ba |
| 122-05 Metropolitan Ave | $1,550,000 | 7 bd · 5 ba |
| 84-34 120 St | $1,580,000 | Studio |
Where it is
For sale Coming soon Recently sold— zoom out for more