In Contract
Share Listing
Save Listing
87-20 124th Street
House in OUTSIDE NYC •  building info
8bd • 4ba • 2,470ft² $481 per ft²
List Price

$1,189,000

Key Details
Days on market
219
Last price change
loading...
Estimated payment
$6,922
Taxes
$158
Monthly maintenance
N/A
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.

Read Less

Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,189,000
Asking Price: $1,189,000
Term
30 Years
Down Payment
$118,000 (10%)
Min: 10% (118,000)
Rate
6.5 %
Mortgage Amount
$1,070,100
Mortgage Payment
$6,764
Taxes
$158
Estimated closing cost
$44,000
Total monthly cost $6,922
Listing Courtesy of TMT Realty NY Corp

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.