Welcome to a well-positioned 2-family home in College Point designed for both end-users and investors seeking flexibility, income, and long-term investment. Whether you choose to live in one unit and offset your mortgage or lease both for consistent cash flow, this property delivers a clear path to smart ownership. Each unit offers functional layouts with strong natural light, creating comfortable living spaces that attract and retain tenants. The home's structure and flow lend themselves to immediate occupancy with the ability to enhance over time, allowing you to step in today and elevate value tomorrow. A finished basement with a separate entrance expands the utility-ideal for extended living, workspace, or additional income potential (verify use). Set in the heart of College Point, you're surrounded by neighborhood conveniences, local parks, schools, places of worship and proximity to major routes-making daily life and commuting both practical and connected. A newly installed roof, heating system and hot water heater add to the appeal of this valuable home. Zoned R4A with additional buildable potential.
Under contract
Price cut: $100K (5/6)
$1,048,000
1315 124th St, Flushing, NY 11356
6beds
1,680sqft
Multi Family
Built in 1920
-- sqft lot
$984,000 Zestimate®
$624/sqft
$-- HOA
What's special
Strong natural lightNewly installed roofFunctional layoutsComfortable living spaces
- 109 days |
- 511 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
SIGMA GROUP Real Estate 917-267-2305,
Stacey Tzortzatos 917-327-4143
Source: NY State MLS,MLS#: 11674135
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Kitchen, Living Room, Master Bedroom
Kitchen
- Features: Eat-in Kitchen
Heating
- Natural Gas, Baseboard, Zoned, Steam
Cooling
- Wall/Window Unit(s), Zoned
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Water Heater, Stainless Steel Appliances
Features
- Flooring: Laminate
- Basement: Full,Finished,Walk-Out Access,Bathrooms(1)
- Has fireplace: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
- Finished area above ground: 1,680
Property
Features
- Stories: 2
- Fencing: Fenced
- Has view: Yes
- View description: Street
- Frontage length: 0
Lot
- Size: 2,540 Square Feet
- Features: Near Bus, Near Train
Details
- Additional structures: Workshop
- Parcel number: 000000000.0004000017.000
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Naturl Gas Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $624/sqft
- Tax assessed value: $970,000
- Annual tax amount: $7,473
- Date on market: 3/17/2026
- Date available: 03/16/2026
- Listing agreement: Exclusive
Estimated market value
$984,000
$935,000 - $1.03M
$3,235/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Contingent | $1,048,000$624/sqft |
Source: NY State MLS #11674135 Report a problem | ||
| 5/6/2026 | Price change | $1,048,000-8.7%$624/sqft |
Source: NY State MLS #11674135 Report a problem | ||
| 3/17/2026 | Listed for sale | $1,148,000$683/sqft |
Source: NY State MLS #11674135 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $58,200 +1.5% |
| 2024 | -- | $57,360 -11.9% |
| 2023 | -- | $65,100 +20% |
| 2022 | -- | $54,240 +1.9% |
| 2021 | -- | $53,220 +2.9% |
| 2020 | $6,642 +3% | $51,720 +15.5% |
| 2019 | $6,447 +6.2% | $44,760 +54.2% |
| 2018 | $6,071 +7.9% | $29,020 +5.2% |
| 2017 | $5,624 +10% | $27,588 +5.5% |
| 2016 | $5,114 | $26,154 +0% |
| 2015 | $5,114 +62.9% | $26,150 +3% |
| 2014 | $3,139 | $25,380 +4.9% |
| 2013 | -- | $24,184 +5.2% |
| 2012 | -- | $22,990 +5.5% |
| 2011 | -- | $21,795 +0% |
| 2010 | -- | $21,792 +3% |
| 2009 | -- | $21,150 +4.9% |
| 2008 | -- | $20,154 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: College Point
Nearby schools
GreatSchools rating
- 3/10Ps 129 Patricia LarkinGrades: PK-5Distance: 0.3 mi
- 7/10Jhs 194 William CarrGrades: 6-8Distance: 2 mi
- 4/10Flushing High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Nyc Geographic District #25
Source: NY State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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