$3,990,000
$289K PRICE DROP

Estimated payment $23,677/month

Total Views 14,685
0.14 Acre
$28,500,000 Price per Acre
6,100 Sq Ft Lot

About This Lot

Prime Development Opportunity in Richmond Hill, Queens. Two properties being sold together 116-14 Grosvenor Lane ( Lot 4,104 Sq. Ft.)
82-91 116th Street (Lot 1,996 Sq. Ft.) Combined Lot 6,100 Sq. Ft. Zoning R7A, Maximum Usable Floor Area: 24,400 Sq. Ft.
These lots offer an incredible opportunity for new residential development in a rapidly growing neighborhood. With R7A zoning and a large combined lot size, the potential for a mid-size residential project is excellent. Don’t miss out on this rare package deal!

Listing Agent

Zhen Hu

Key Impact Realty Group Inc Brokerage Phone: 718-799-0053 License #10311210044 Listed on: 06/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,740

Lot Details

  • 6,100 Sq Ft Lot

Schools

  • Ps 56 Harry Eichler Elementary School
  • Middle School 137 America's School-Heroes
  • Richmond Hill High School

Property Details

Property Type

Land

Est. Annual Taxes

$23,740

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Multi-Family, Residential, Single Family
  • Attribution Contact: 718-799-0053
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6100

Tax Info

  • Tax Annual Amount: 23740
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 56 Harry Eichler
  • High School: Richmond Hill High School
  • Middle School District: Queens 27

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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 $14,127 $74,528 $25,619 $48,909
2024 $14,127 $70,334 $28,506 $41,828
2023 $13,328 $66,356 $29,755 $36,601
2022 $12,589 $78,480 $42,240 $36,240
2021 $13,271 $83,940 $42,240 $41,700
2020 $13,146 $72,180 $42,240 $29,940
2019 $12,261 $77,280 $42,240 $35,040
2018 $11,272 $55,297 $25,849 $29,448
2017 $10,712 $52,550 $33,693 $18,857
2016 $10,505 $52,550 $33,693 $18,857
2015 $5,979 $51,756 $26,767 $24,989
2014 $5,979 $48,844 $30,308 $18,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $2,500,000 -37.3% $632 / Sq Ft
07/02/2025 07/02/25 Price Changed $3,990,000 -6.8% --
06/10/2025 06/10/25 For Sale $4,279,000 +59.7% --
06/10/2025 06/10/25 For Sale $2,680,000 -- $677 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $910,000 --
Deed $910,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Bargain Sale Deed $735,000 First American Title Ins Co
Bargain Sale Deed $735,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,086 Unknown
Closed $660,000 Unknown
Closed $302,830 No Value Available
Previous Owner $470,000 Purchase Money Mortgage
Previous Owner $100,500 No Value Available
Closed $0 No Value Available
Source: Public Records

Source: OneKey® MLS

MLS Number: 875827

OneKey® MLS

APN: 03321-0083