23-48 124th Street, Queens
Two-family · built c. 1920 · Block 4227, Lot 49.
Building permits
- New Building — Residential, filed Oct 4, 2025, 2 units, 2 stories, described as “Propose a new two story with two family house. Obtain new c of o”
- Alteration, filed Mar 29, 2026, estimated cost $45K, described as “Renovation of existing two car garage and convert to one car carage. Obtain new c of o”
- Alteration, filed Oct 4, 2025, estimated cost $5K, described as “Install 8' temporary construction fence at the above address”
- Demolition, filed Aug 6, 2025, estimated cost $45K, described as “Fully demolition of existing 2 1/2 story house”
- Alteration, filed Nov 21, 2024, estimated cost $10K, described as “Remove windows and awning at 2ND floor balcony which is above front door way, restore to existing legal balcony. Replace (1) footing at front door entry way at open porch, to remove DOB violation# 24-02245.”
Property taxes
- Assessment
- $103,200
- 2026–27 tax
- $8,360
- Market value (city estimate)
- $1,720,000
- Taxable value
- $42,133
- Assessed land
- $30,120
- Assessed improvements
- $73,080
Zoning
R4A: floor area ratio 0.46 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 21, 2025: $800,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.