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Hemant Shah
REALTOR®
(516) 263-9624

87-20 124th Street, Richmond Hill, NY 11418

$1,189,000
  • 87-20 124th Street, Richmond Hill, NY 11418 Main Photo

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Hemant Shah
Call: (516) 263-9624
Text: (516) 263-9624

Pending
MLS#L3536515
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLQueens 28

Property Description

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.

87-20 124th Street | MLS# L3536515

This multi-family property located at 87-20 124th Street, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,189,000. 87-20 124th Street is located within the Queens 28 school district. Search Richmond Hill real estate on hemantshah.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: None
Heating: Natural Gas, Steam
Home Style: Colonial
Lot Size: 0.06 Acres
Taxes: $1,895
Year Built: 1910

Feature Descriptions

Days on Site: 734
Exterior: Frame
Lot Dimensions: 26x95
Lot Features: Near Public Transit, Near School, Near Shops
Number Of Kitchens: 4
Parcel Number: 09332-0014
Parking Features: On Street
Rental Term: Monthly
Rooms Total: 20
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 4
Water: Public

Local Schools

High School: Thomas A Edison Career-Tech Hs
Middle School: Hillside Arts And Letters Academy
School District: Queens 28

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Estimated Payment

$ 3,150.91 per month $2,646.20 Principal & Interest $157.92 Property Tax $346.79 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: TMT Realty NY Corp
Agency Contact: 718-835-1914

Shown By

Agent Name: Hemant Shah
Agent Phone: (516) 263-9624
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/12/2026. The listing information on this page last changed on 03/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/12/2026 4:19:59 AM EST) or OneKey MLS (last updated Thu 03/12/2026 1:45:14 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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