Estimated payment $3,967/month
Highlights
- Very Popular Property
- Wood Flooring
- Baseboard Heating
- P.S. 121 - Queens Rated A
- Main Floor Bedroom
About This Home
Prime Richmond Hill South – Legal 2-Family Investment Opportunity! Welcome to your next cash-flow powerhouse in the heart of Richmond Hill South — where opportunities like this are nearly extinct in today’s market.
This already legal 2-family detached home sits on a quiet block and offers 2 separate gas meters and 2 electric meters — a dream setup for any investor or end user looking for flexibility, passive income, or multi-generational living. The Numbers That Matter: Zoned and ready with buildable square footage up to 2,880 SQ FT (potential expansion to a full 16x60 layout) ARV / resale value $1.2M–$1.3M based on closed neighborhood comps Survey available — serious buyers, just ask! Whether you’re looking to flip, expand, or buy-and-hold, this property gives you instant upside in one of Queens’ most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,508
Year Built
- Built in 1920
Parking
- Driveway
Home Design
- Duplex
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Connected
Additional Features
- Wood Flooring
- Basement Fills Entire Space Under The House
- 2,500 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 09588-0018
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Home Values in the Area
Average Home Value in this Area
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 | $6,508 | $33,442 | $8,228 | $25,214 |
| 2024 | $6,508 | $32,400 | $9,556 | $22,844 |
| 2023 | $6,289 | $31,310 | $8,661 | $22,649 |
| 2022 | $5,897 | $33,780 | $11,220 | $22,560 |
| 2021 | $5,865 | $35,880 | $11,220 | $24,660 |
| 2020 | $5,899 | $35,160 | $11,220 | $23,940 |
| 2019 | $5,648 | $34,860 | $11,220 | $23,640 |
| 2018 | $5,319 | $26,092 | $9,223 | $16,869 |
| 2017 | $5,018 | $24,616 | $9,691 | $14,925 |
| 2016 | $4,642 | $24,616 | $9,691 | $14,925 |
| 2015 | $2,581 | $23,223 | $12,137 | $11,086 |
| 2014 | $2,581 | $22,500 | $12,480 | $10,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $649,888 | -- | $508 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $308,750 | -- |
Source: OneKey® MLS
MLS Number: 934449
APN: 09588-0018
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