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 assist with mortgage payments over a 3 bedroom 1 bath owners unit, plus a high ceiling basement which has both interior and exterior access.
Both units enjoy expansive sun drenched living/dining areas, beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry & adorned with a full fleet of stainless steel appliances. Spacious bedrooms, fully tiled bathrooms adorned with state of the art wall & floor tiles and much more! Must see to appreciate.
Prime Richmond Hill Location! Short blocks to J train, E/F At Jamaica Van Wyck, LIRR at Jamaica Station. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities. Just off Jamaica Avenue, 130th Street, Atlantic Avenue, Van Wyck Expressway.
Listed by Gabriel Kashi
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Keystone Realty USA Corp
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631-261-2800
Listed by Behrooz Raofim
·
Keystone Realty USA Corp
Last updated November 18, 2025
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Source: OneKey #901409
Listing Facts
TypeMulti-family
NeighborhoodRichmond Hill
Bedrooms6
Bathrooms2
Days on Prevu97
Taxes$6,585/year
Location
Mortgage Calculator
Listing History
10/30/2025
Price Decreased
$965,000
09/25/2025
Price Decreased
$979,000
08/14/2025
Listed by Keystone Realty USA Corp
$999,000
Estimated Closing Costs
Total
$28,704
Attorney Fees
$4,000
Title Insurance
$4,343
Bank Attorney
$1,500
Mortgage Recording Tax
$14,861
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $965,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 8771 123rd Street
Exterior
Construction
Number Of Units Total: 2
Year Built: 1910
Construction Materials: Frame
Measurements
Building Area Total: 2,550
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1,800
Financial
Taxes
Parcel Number: 09332-0052
Tax Annual Amount: $6,585.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom
Rooms
Basement: Full
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 6
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Natural Gas Available
Water Source: Public
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