$815,000
PENDING $14K PRICE DROP

Estimated payment $4,887/month

Total Views 6,306
4 Beds
2 Baths
1,385 Sq Ft
$588 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Baseboard Heating
  • 3-minute walk to 121 Street

About This Home

***Property back on market, Buyer could not Perform.*** Welcome to 87-59 123rd Street! In today’s real estate climate, this is a great opportunity to make this property truly yours.

Owned by the same family for 40 years, it has provided a place to call home for their family and now it’s time to give another owner the same opportunities. Perfect as an owner-occupied or investment property. This two-family property features 2 bedrooms and 1 bathroom in each unit. With the J/Z trains just a block away, a commute will be simple. The property is move-in ready and has great structural foundation although it can use some cosmetic upgrades, making it an incredible value for the right person looking to invest in their future.

Listing Agent

Kenny Bascon

Real Broker NY LLC Brokerage Phone: 855-450-0442 License #10401317382 Listed on: 04/28/2025

Real Broker NY LLC

Co-Listing Agent

Donovan Lee

Real Broker NY LLC Brokerage Phone: 855-450-0442 License #10401364207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1920

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Contact Agent Elementary School
  • Contact Agent High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,252 Sq Ft Lot

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 09332-0057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,458

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1920
  • Attribution Contact: 855-450-0442
  • Co List Office Mls Id: KEYRLTYKA
  • Co List Office Phone: 855-450-0442
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Baseboard, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0517
  • Lot Size Sq Ft: 2252
  • Building Area Total: 1385
  • Parcel Number: 09332-0057
  • Property Attached: Yes
  • Additional Parcels: No

Multi Family

  • Units Total: 2
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5458
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent
  • Middle School District: Queens

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,721 $30,191 $8,717 $21,474
2024 $5,721 $28,483 $9,095 $19,388
2023 $5,397 $26,873 $8,121 $18,752
2022 $5,365 $45,900 $13,200 $32,700
2021 $5,612 $40,620 $13,200 $27,420
2020 $5,325 $39,540 $13,200 $26,340
2019 $4,965 $35,580 $13,200 $22,380
2018 $4,565 $22,394 $10,285 $12,109
2017 $4,565 $22,394 $11,046 $11,348
2016 $4,442 $22,394 $11,046 $11,348
2015 $2,328 $20,966 $13,185 $7,781
2014 $2,328 $19,780 $11,630 $8,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $815,000 -1.7% $588 / Sq Ft
04/28/2025 04/28/25 For Sale $829,000 -- $599 / Sq Ft
Source: OneKey® MLS

Similar Homes in the area

  • 8771 123rd St, Richmond Hill, NY 11418

    $999,000

    • 6 Beds
    • 2 Baths
    • 2,550 Sq Ft
    • 8771 123rd St
    • Richmond Hill, NY

    Ideal for savvy investors and primary home owners alike!87-71-123rd street is a turn key move in ready two family nestled on a beautiful tree lined street of Richmond Hill!Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 1 bath rental which has the ability to generate $3,800/month to

    Gabriel Kashi Keystone Realty USA Corp

    Section Image
  • 86-27 125th St, Richmond Hill, NY 11418

    $850,000

    • 4 Beds
    • 3 Baths
    • 86-27 125th St
    • Richmond Hill, NY

    BRING YOUR BUYERS!**FINALLY VACANT AND ONLY A 3 MINUTE WALK TO THE J/Z LINE!**THIS IS A WONDERFUL OPPORTUNITY FOR A BUYER LOOKING FOR ADDITIONAL INCOME! FULLY DETACHED! RENTERS PAY THEIR OWN UTILITIES!This is a Two Family that was Converted from a One Family and both units have their OWN BOILER! SO RENTERS PAY THEIR OWN UTILITIES! *1st Fl was just RENOVATED!

    amber sclar BLT Minimax Realty Inc

    Section Image
  • 120-16 91st Ave, Jamaica, NY 11418

    $779,000

    • 4 Beds
    • 2 Baths
    • 120-16 91st Ave
    • Jamaica, NY

    Legal 2 Family home with 1 Bedroom apt first floor and 3 Bedroom apt on 2/3rd floor duplex Spacious with updates windows, siding and doors. Full Laundry room on first floor.

    Regina Santoro Schaefer Parkside Realty of Queens Inc

    Section Image
  • 89-23 Lefferts Blvd, Jamaica, NY 11418

    $729,000

    • 5 Beds
    • 2 Baths
    • 2,418 Sq Ft
    • 89-23 Lefferts Blvd
    • Jamaica, NY

    Short Sale – Subject to Lender Approval Two-family layout featuring a 2-bed unit over a spacious 3-bed unit. Great potential for rental income or owner-occupied setup. Situated in a desirable neighborhood close to transit and amenities—ideal for value-driven investors.

    Hugo Salazar RE/MAX Real Estate Professionals

    Section Image
  • 87-35 129th St, Jamaica, NY 11418

    $899,000

    • 5 Beds
    • 2 Baths
    • 1,778 Sq Ft
    • 87-35 129th St
    • Jamaica, NY

    Welcome to this legal two-family home offers the perfect combination of space, modern upgrades, and convenience. Featuring five bedrooms, two full bathrooms, a finished basement, and a large backyard; with two boilers and two gas meters, this property is an excellent opportunity for homeowners seeking additional rental income or investors looking for a prime asset. The first-floor unit includes

    Barbie Li B Square Realty

    Section Image
  • 89-21 129th St, Jamaica, NY 11418

    $690,000

    • 2 Beds
    • 2 Baths
    • 89-21 129th St
    • Jamaica, NY

    Very nicely updated Colonial on a quiet, tree lined street in Richmond Hill! This legal two family home has, on each floor, a modern eat in kitchen, living room with dining area, one bedroom, and a full bath. The first floor has access to the backyard. The full finished basement has a utility area and outside entrance. Hardwood floors abound!! Close to ground transportation, major highways, easy

    Tarvinder Kaur LAFFEY REAL ESTATE

    Section Image
  • 12318 85th Ave, Kew Gardens, NY 11415

    $989,000

    • 4 Beds
    • 3 Baths
    • 1,312 Sq Ft
    • 12318 85th Ave
    • Kew Gardens, NY

    2018 fully renovated2-family house (from top to the bottom) located in one of Queens’ most desirable neighborhood: Kew Gardens. Motivated seller. Great resources of income, offers 2 bedrooms 1 bath on 2nd floor, and 2 bedrooms 2 baths on 1st floor with a contemporary finished basement featuring a recreation room and a full bath; Only a few blocks from public transportation, parks, and

    Angela Kwok United Real Estate Fortune

    Section Image
  • 86-31 131st St, Richmond Hill, NY 11418

    $920,000

    • 4 Beds
    • 3 Baths
    • 2,262 Sq Ft
    • 86-31 131st St
    • Richmond Hill, NY

    Welcome to 86-31 131st Street! This stunning two-family duplex, perfectly situated in Richmond Hill. This exquisite residence boasts a generous layout, featuring 4 spacious bedrooms and 3 elegantly appointed bathrooms. As you enter through the grand entrance foyer, you are greeted by an expansive living room bathed in natural light from large windows that create an inviting atmosphere. The

    Lily Fung Keller Williams Legendary

    Section Image
  • 84-89 129th St, Jamaica, NY 11415

    $945,000

    • 6 Beds
    • 3 Baths
    • 1,555 Sq Ft
    • 84-89 129th St
    • Jamaica, NY

    Two family home with a shared drive way. Conveniently located in Kew Gardens.

    Hugo Salazar RE/MAX Real Estate Professionals

    Section Image

Source: OneKey® MLS

MLS Number: 854710

OneKey® MLS

APN: 09332-0057