Queens  »  11418  »  122nd St  »  8640 122nd St

86-40 122nd Street, Richmond Hill, NY 11418 - Property report

Also known as: 86-40 122nd St

Property image for 86-40 122nd Street, Richmond Hill, NY 11418
static Mapbox map

Property type

Office Only 2-6 Stories (O2)

Year built

1931

Lot sq. ft.

5,000

Sale price

$1,525,000

General information

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Address
Primary address
86-40 122nd Street
ZIP code
11418
Neighborhood
Richmond Hill
Borough
Queens
Block & lot
09275-0056

Owner

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Building
Property type
Office Only 2-6 Stories (O2)
Building sq. ft.
7,500
Building dimensions
25 ft x 100 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
07/29/2014
Sale price
$1,525,000
Tax
Tax year
2026-2027
Property tax
$52,409
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
61 /100.  Bikeable
School district
27
Community district
9
Closest police station
1.39 Miles
Closest fire station
0.40 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 86-40 122nd Street, Richmond Hill, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 86-40 122nd Street, Richmond Hill, NY 11418

Sale date Sale price Buyer name Seller name
07/29/2014 $1,525,000 XX-XX XXXXX XX XXX XXXXXXXXX, XXXXXX XXX XXXXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/21/2024 - R UCC3 Continuation
(2024021600104001)
XXXX XXXXX XX XXX XX XXXX
11/08/2019 - R Initial UCC1
(2019102801120001)
XXXX XXXXX XX XXX XX XXXX
10/25/2019 - R
10/23/2019 - D
Termination of Assign of L&R
(2019102400787001)
XX XXXX XXXX XXXXX XX XXX
10/25/2019 - R
10/23/2019 - D
Agreement
(2019102400763002)
XXXX XXXXX XX XXX XX XXXX
10/25/2019 - R
10/23/2019 - D
Agreement
(2019102400763001)
XXXX XXXXX XX XXX XX XXXX
03/18/2019 - R UCC3 Continuation
(2019030700684001)
XXXX XXXXX XX XXX XX XXXX
08/05/2014 - R Initial UCC1
(2014073001319001)
XXXX XXXXX XX XXX XX XXXX
08/12/2014 - R
07/29/2014 - D
Assignment of Leases and Rents
(2014073000725003)
XXXX XXXXX XX XXX XX XXXX
08/12/2014 - R
07/29/2014 - D
Mortgage
(2014073000725002)
XXXX XXXXX XX XXX XXXXXXXXX XXXXXX
08/12/2014 - R
07/29/2014 - D
Deed
(2014073000725001)
XXXXXXXXX XXXXXX XXXX XXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 86-40 122nd Street, Richmond Hill, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$52,409
Municipal exemptions
Recent tax assessments
Market value
$1,225,000
Assessed value
$551,250

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,162,000 $522,900 $435,060 10.848% $47,195 $47,195 +5.97%
2024/25 $1,078,000 $485,100 $413,820 10.762% $44,535 $44,535 +6.66%
2023/24 $1,050,000 $472,500 $394,200 10.592% $41,754 $41,754 +4.06%
2022/23 $853,000 $383,850 $376,900 10.646% $40,125 $40,125 +19.98%
2021/22 $691,000 $310,950 $310,950 10.755% $33,443 $33,443 -20.00%
2020/21 $926,000 $416,700 $390,920 10.694% $41,805 $41,805 +8.27%
2019/20 $860,000 $387,000 $366,440 10.537% $38,612 $38,612 +3.07%
2018/19 $938,000 $422,100 $356,310 10.514% $37,462 $37,462 +11.02%
2017/18 $876,000 $394,200 $320,940 10.514% $33,744 $33,744 +20.56%
2016/17 $842,000 $378,900 $264,690 10.574% $27,988 $27,988 +23.92%

Permit information for 86-40 122nd Street, Richmond Hill, NY

Filing date Job type Job status Job description Initial cost
09/19/2022 Alteration
06/10/2021 Alteration
01/26/2015 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
123rd St & Jamaica Ave at NW Corner
Station lines
J-Z
Distance (miles)
0.066

Access the detailed traffic volume map for 86-40 122nd Street, Richmond Hill, NY 11418 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 86-40 122nd Street, Richmond Hill, NY 11418?

The development at 86-40 122nd Street, Richmond Hill, NY 11418 was built in 1931.

What is the market value of 86-40 122nd Street, Richmond Hill, NY 11418?

The current market value of 86-40 122nd Street, Richmond Hill, NY 11418 is $1,225,000.

What is the total square footage of 86-40 122nd Street, Richmond Hill, NY 11418?

86-40 122nd Street, Richmond Hill, NY 11418 has a total of 7,500 square feet.

What is the price per square foot for this property?

$203 per square foot is the price for 86-40 122nd Street, Richmond Hill, NY 11418.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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