87-47 116th St Richmond Hill, NY 11418
Richmond Hill NeighborhoodEstimated Value: $1,149,000 - $1,468,000
Highlights
- Pre War Building
- Community Garden
- Garage
- P.S. 51 Rated A-
About This Home
As of September 2022A rare find in highly sought after Richmond Hill, Queens! Fully detached 2 family house on a 60 x 92 lot, featuring 3 stories, a full basement, approximately 3,603 sq ft of living space, a private driveway, private backyard, and much more. Owner occupied and meticulously maintained. Unit 1 (main floor) features 3 bedrooms, modern subway tile kitchen, renovated bathroom, new hardwood floors, recessed lighting, high ceilings, access to backyard, and access to basement. Unit 2 (2nd & 3rd floor duplex) features 4 bedrooms, modern two tone kitchen, renovated subway tile bathroom, new hardwood floors, recessed lighting, high ceilings, and much more. Full basement adds even more recreation space for your enjoyment. Outdoor features include enclosed front yard, wide private driveway, detached 1 car garage, and private backyard. Location is ideal with bustling Jamaica Ave less than 1 block away, Lefferts Blvd just 4 blocks away, 111 St station (J) just 5 blocks away, and 538 acre Forest Park just 7 blocks away. Easy access to Manhattan via J line at 121st St which provides direct access to Sutphin Blvd - Archer Av station (E, J, Z). Can also hop on the Q10 at Lefferts Blvd/Jamaica Ave which provides direct access to Kew Gardens - Union Tpke station (E, F). Near JFK and zoned Elementary school also just a few blocks away. A truly unique opportunity to own a fully detached 2 family, with tons of living space, on an oversized lot, in a prime location, and tastefully renovated throughout. Nothing to do but move right in and/or find your new tenants. Location and high quality finishes will ensure top dollar rental rates! Call today to schedule a viewing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,899
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 60.0 x 92.0
Parking
- Garage
Home Design
- Pre War Building
Interior Spaces
- 3,603 Sq Ft Home
- 2-Story Property
Community Details
- Forest Hills Subdivision
- Community Garden
Listing and Financial Details
- Legal Lot and Block 71 / 9326
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
8747 116 St Llc | $1,265,000 | -- | |
Merritt Jessica | -- | -- | |
Plaza Radames Ii | $15,000 | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 8747 116 St Llc | $822,250 | |
Previous Owner | Merritt Jessica | $570,000 | |
Previous Owner | Merritt Jessica | $350,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/16/2022 09/16/22 | Sold | $1,230,000 | +2.6% | $341 / Sq Ft |
05/19/2022 05/19/22 | Pending | -- | -- | -- |
04/29/2022 04/29/22 | For Sale | $1,199,000 | -- | $333 / Sq Ft |
Tax History Compared to Growth
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 | $8,899 | $46,967 | $14,742 | $32,225 |
2024 | $8,899 | $44,309 | $14,003 | $30,306 |
2023 | $8,396 | $41,803 | $13,468 | $28,335 |
2022 | $8,345 | $74,640 | $22,380 | $52,260 |
2021 | $8,731 | $61,860 | $22,380 | $39,480 |
2020 | $8,285 | $60,420 | $22,380 | $38,040 |
2019 | $7,724 | $57,240 | $22,380 | $34,860 |
2018 | $7,101 | $34,836 | $11,770 | $23,066 |
2017 | $4,004 | $34,836 | $15,127 | $19,709 |
2016 | $2,835 | $34,836 | $15,127 | $19,709 |
2015 | $3,964 | $32,616 | $20,728 | $11,888 |
2014 | $3,964 | $30,770 | $23,091 | $7,679 |
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10798683

APN: 09326-0071
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