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87-24 115th Street, Richmond Hill, NY 11418 Property Information

87-24 115th Street, Richmond Hill, NY 11418 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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87-24 115th Street, Richmond Hill, NY 11418 1
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Address

Primary address 87-24 115th Street
Neighborhood Richmond Hill
Zip code 11418
Borough Queens
Block & lot 09304-0011

Sales & Tax Overview for 87-24 115th Street, Richmond Hill

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/01/2007
Purchase price $8,100,000
Tax class
Estimated property tax $287,602

Lot & Building Information for 87-24 115th Street, Richmond Hill

Lot sqft 17,500
Lot dimensions 175 ft x 100 ft
Building class Elevator Apartment - Semi-fireproof without Stores (D1)
Building sqft 65,976
Building dimensions 165 ft x 78 ft
Buildings on lot 1
Stories 6
Year built 1938
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Zoning & Use for 87-24 115th Street, Richmond Hill

Zoning
Residential units (DOF) 60
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 27
Community district 9
Closest police station 1.09 Miles
Closest fire station 0.44 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 87-24 115th Street, Richmond Hill

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 87-24 115th Street, Richmond Hill, NY 11418, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 87-24 115th Street, Richmond Hill, NY 11418, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 87-24 115th Street, Richmond Hill

What is the year built & the total sq. ft. for 87-24 115th Street, Richmond Hill, NY 11418?

87-24 115th Street, Richmond Hill, NY 11418 was built in 1938 and has a total of 65,976 square feet.

What is the assessed value of 87-24 115th Street, Richmond Hill, NY 11418 and the property tax paid?

Assessed at $2,459,700, the tax amount paid for 87-24 115th Street, Richmond Hill, NY 11418 is $305,962. For the next year, the tax amount for 87-24 115th Street, Richmond Hill, NY 11418 is estimated at $287,602.

When was 87-24 115th Street, Richmond Hill, NY 11418 last sold and what was the last sale price?

87-24 115th Street, Richmond Hill, NY 11418 was last sold in 03/01/2007 for $8,100,000.

How many residential units does this building have?

This building has 60 residential unit(s).

Ownership Information for 87-24 115th Street, Richmond Hill

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Property owner name for 87-24 115th Street, Richmond Hill, NY 11418
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Building contacts for 87-24 115th Street, Richmond Hill, NY 11418
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 87-24 115th Street, Richmond Hill

Create a free account to view the complete sales history for 87-24 115th Street, Richmond Hill, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/01/2007 $8,100,000

Title Documents for 87-24 115th Street, Richmond Hill

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Date Type Amount Party 1 Party 2 Doc image
01/21/2026 - R UCC3 Continuation
(2026012100798001)
08/01/2024 - D
11/22/2024 - R
Both RPTT and RETT
(2024090600407001)
08/01/2024 - D
09/03/2024 - R
NYC Real Property Transfer Tax
(2024083000615001)
12/15/2023 - D
10/22/2024 - R
Asgn of Asgn of L&R
(2024100800135011)
12/15/2023 - D
10/22/2024 - R
Assignment, Mortgage
(2024100800135010)
06/14/2023 - D
06/21/2023 - R
Both RPTT and RETT
(2023062100076001)
03/30/2021 - R UCC3 Termination
(2021032401317015)
03/24/2021 - R Initial UCC1
(2021032400659001)
03/09/2021 - D
03/30/2021 - R
Assignment of Leases and Rents
(2021032401317014)
03/09/2021 - D
03/30/2021 - R
Mortgage and Consolidation
(2021032401317013)
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R: Recorded date
D: Document date

Property Taxes for 87-24 115th Street, Richmond Hill

Access detailed property tax data for 87-24 115th Street, Richmond Hill, NY 11418. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $305,962
Estimated property tax: $287,602
Tax assessor's market value: $5,466,000
Assessed value: $2,459,700

Assessment History for 87-24 115th Street, Richmond Hill

Here's the assessment & property tax history for 87-24 115th Street, Richmond Hill, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $5,466,000 $2,459,700 $2,459,700 12.439% $305,962 $305,962 +7.03%
2024/25 $5,082,000 $2,286,900 $2,286,900 12.5% $285,863 $285,863 -14.72%
2023/24 $5,958,000 $2,681,100 $2,681,100 12.502% $335,191 $335,191 +1.43%
2022/23 $6,391,000 $2,875,950 $2,718,053 12.267% $333,424 $330,457 +10.84%
2021/22 $5,469,000 $2,461,050 $2,461,050 12.235% $301,109 $298,142 -6.51%

Permits for 87-24 115th Street, Richmond Hill

The complete history of permits filed for 87-24 115th Street, Richmond Hill, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
07/15/2024 Alteration
02/16/2023 Alteration
10/31/2022 Alteration
08/02/2022 Alteration
03/09/2022 Alteration
01/04/2022 Alteration
07/28/2020 Alteration
09/27/2019 Alteration
03/28/2019 Alteration
03/27/2019 Alteration
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$432
0.2% YoY
Median Price/Sqft Q4/2025
$447
9.4% YoY
Median Price/Sqft 2025
$440
7% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 111th St & Jamaica Blvd at SE Corner
Station lines J
Distance (miles) 0.176
View subway map
Bus Routes
Name Jamaica Av/115 St
Line Q56
Distance (miles) 0.057

Neighbors for 87-24 115th Street, Richmond Hill

Here are the neighbors for 87-24 115th Street, Richmond Hill, NY 11418.

Address Square feet Purchase date Purchase price
87-42 115th St, Richmond Hill 1,496 05/24/2000
87-54 115th St, Richmond Hill 1,472 06/06/2024 $607,500
114-12 Jamaica Ave, Richmond Hill 3,212 07/15/2019
114-02 Jamaica Ave, Richmond Hill 3,600 04/05/2012 $725,000
87-36 115th St, Richmond Hill 1,496 02/13/2003
114-20 Jamaica Ave, Richmond Hill 6,500 12/01/2009 $2,450,000
87-19 113th St, Richmond Hill 1,732 10/07/2016
87-56 115th St, Richmond Hill 1,472 10/23/2012
114-06 Jamaica Ave, Richmond Hill 3,249 12/14/2020 $935,000
87-34 115th St, Richmond Hill 1,496 08/16/2019
87-48 115th St, Richmond Hill 1,472 10/23/2007
114-04 Jamaica Ave, Richmond Hill 3,249 01/24/2003 $342,550
87-11 113th St, Richmond Hill 3,009 03/23/1987
87-15 113th St, Richmond Hill 2,185 06/29/2015
87-25 113th St, Richmond Hill 2,042 03/27/2006
87-50 115th St, Richmond Hill 1,472 06/07/2019 $630,000
87-44 115th St, Richmond Hill 2,953 08/29/2022
87-38 115th St, Richmond Hill 1,536 06/03/2025 $832,000
87-40 115th St, Richmond Hill 1,496 05/13/2011 $360,000
114-10 Jamaica Ave, Richmond Hill 6,840 02/03/1995
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