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NYC Building Records · BBL 4042280016

23-31 124 STREET

Queens · Block 4228 · Lot 16 · Two-family frame (Class B2)

23-31 124 STREET is a Class B2 (two-family frame) building in Queens (BBL 4042280016) built in 2006, with 2 residential units across 2 floors.

The building is in NYC community district 407, council district 19, zoning district R4A, on a 2,500-square-foot lot with a building footprint of 2,080 square feet.

The current registered owner of record per NYC PLUTO is SEVEN CITIES I LLC.

The most recent ACRIS deed transfer for this BBL was recorded on February 12, 2026 when SEVEN CITIES I LLC conveyed the property to QU, XIONG for $1.23M. The transaction was financed with a $600K mortgage from Mortgage Electronic Registration Systems, Inc.; Hanover Community Bank.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

SEVEN CITIES I LLC

Most recent deed

Last transferred on Feb 12, 2026 for $1.2M to QU, XIONG.
Previous owner: SEVEN CITIES I LLC
Mortgage: $600K recorded Feb 12, 2026 with Mortgage Electronic Registration Systems, Inc.; Hanover Community Bank. Loan-to-value: 49%.
🔒 See all transfers before the 2026 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Feb 12, 2026MTGE$600KParties redacted — full names in MetroDeeds Scout+
Feb 12, 2026DEED$1.2MParties redacted — full names in MetroDeeds Scout+
Oct 29, 2020DEED$1.2MParties redacted — full names in MetroDeeds Scout+
Oct 29, 2020MTGE$738KParties redacted — full names in MetroDeeds Scout+
Sep 12, 2007MTGE$390KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
2
Year built
2006
Class
B2
Borough
Queens
Zoning:
R4A
Lot size:
2,500 sqft
Building area:
2,080 sqft
Floors:
2
Assessed value:
$74K
Community district:
407
Council district:
19

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Feb 12, 2026).

Other buildings in this portfolio

QU, XIONG controls 4 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 23-31 124 STREET

Who owns 23-31 124 STREET?

The current registered owner of record for 23-31 124 STREET per NYC PLUTO is SEVEN CITIES I LLC. The most recent ACRIS deed transfer for this BBL was recorded on February 12, 2026 when the property was conveyed to QU, XIONG. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 23-31 124 STREET last sold?

The most recent ACRIS deed transfer for 23-31 124 STREET was recorded on February 12, 2026, when SEVEN CITIES I LLC conveyed the property to QU, XIONG for $1.23M. The transaction was financed with a $600K mortgage from Mortgage Electronic Registration Systems, Inc.; Hanover Community Bank.

How many HPD violations does 23-31 124 STREET have?

No open HPD housing-maintenance code violations are on record for 23-31 124 STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 23-31 124 STREET?

NYC Department of Finance assesses 23-31 124 STREET at $74K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 23-31 124 STREET and what does that mean?

23-31 124 STREET is NYC building class B2 — Two-family frame. A two-family residential building of frame construction. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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