New York City » 11418 » 116th St » 8724 116th St

87-24 116th Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-24 116th St

Property image for 87-24 116th Street, Richmond Hill, NY 11418

Property type

Two Family Converted from One Family (B3)

Year built

1920

Lot sq. ft.

4,933

General information

Address

Primary address

87-24 116th Street

Alternate address(es)

87-24 Garage 116th St

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09305-0015

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,830

Building dimensions

28 ft x 35 ft

Buildings on lot

Stories

Year built

1920

Building material

Frame

Exterior wall

Composition

Basement

Garage type

Detached, Frame Garage

Tax

Tax year

2026-2027

Property tax

$6,982

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

116 Street (narrow)

Nearest wide street

Jamaica Avenue

Distance to wide street

Lot dimensions

50 ft x 98.67 ft

Lot sq. ft.

4,933

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

83 /100. Excellent Transit

Bike score

54 /100. Bikeable

School district

Community district

Closest police station

1.14 Miles

Closest fire station

0.42 Miles

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

Ownership

Ownership information for 87-24 116th Street, Richmond Hill, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 87-24 116th Street, Richmond Hill, NY 11418

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/19/2014 - R 05/07/2014 - D	Assignment, Mortgage (2014051301348001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXXX XX XXXXXXX X X
01/12/2015 - R 09/01/2013 - D	Mortgage and Consolidation (2015010200817001)	XXXXXXX XXXXXX X	XX XXXXXXX XXX XXX XXXXXXXX XXX
09/09/2008 - R 08/11/2008 - D	Satisfaction of Mortgage (2008081100591001)	XXXXXXX XXXXXX X	XXXXXXX XXXXXXX XXXX
04/26/2006 - R 04/10/2006 - D	Mortgage (2006041701088001)	XXXXXXX XXXXXX X	XXX XXXXXXXX XXX
04/23/2004 - R 02/04/2004 - D	Satisfaction of Mortgage (2004022600246001)	XXXXXXX XXXXXX X	XXXXXXXX XX
04/09/2007 - R 10/28/2003 - D	Satisfaction of Mortgage (2007032801529001)	XXXXXXX XXXXXX XXXXXXXX	XXXXXXXX
03/30/2004 - R 10/28/2003 - D	Mortgage (2003111200271001)	XXXXXXX XXXXXX X	XXXXXXXX XX
07/30/2003 - R 05/19/2003 - D	Satisfaction of Mortgage (2003052300722001)	XXXXXXX XXXXXX X	XXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXXXXX
07/30/2003 - R 04/26/2003 - D	Mortgage (2003061000061001)	XXXXXXXX XXXXXXXX X	XXXXXXXX XX
05/09/2002 - R	Satisfaction of Mortgage (4600008435660)	XXXXXXX XXXXXX X	XXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-24 116th 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

$6,982

Municipal exemptions

Recent tax assessments

Market value

$1,319,000

Assessed value

$79,140

More about New York City property taxes

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	$1,178,000	$70,680	$37,898	19.843%	$8,373	$7,520	-0.58%
2024/25	$1,006,000	$60,360	$37,660	20.085%	$8,412	$7,564	+6.90%
2023/24	$1,131,000	$67,860	$35,230	20.085%	$7,936	$7,076	+5.79%
2022/23	$1,067,000	$64,020	$32,934	20.309%	$7,570	$6,689	+8.62%
2021/22	$971,000	$58,260	$30,845	19.963%	$7,020	$6,158	-5.23%
2020/21	$939,000	$56,340	$30,875	21.045%	$7,400	$6,498	+0.25%
2019/20	$854,000	$51,240	$30,620	21.167%	$7,387	$6,481	+8.39%
2018/19	$750,000	$45,000	$28,585	20.919%	$6,888	$5,980	+15.25%
2017/18	$680,000	$40,800	$25,452	20.385%	$6,332	$5,188	+9.91%
2016/17	$593,000	$35,580	$23,614	19.991%	$5,858	$4,721	+2.36%

Permits

Permit information for 87-24 116th Street, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
07/06/2007	Alteration type 2
10/11/2006	Alteration type 2
10/11/2006	Alteration type 2
08/04/2004	Alteration type 1
08/04/2004	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Richmond Hill residential market stats

Access a detailed real estate market overview of Richmond Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Richmond Hill and compare it to other neighborhoods in Queens.

Median sale price

$770,000

6.9% Y-o-Y

Median price/sq. ft.

$559

24.1% Y-o-Y

Queens median sale price

$595,000

1.7% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

111th St & Jamaica Blvd at SE Corner

Station lines

Distance (miles)

0.224

View subway map

Access the detailed traffic volume map for 87-24 116th 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 51	NR	Yes	Public	PK, K-1	199	0.08
P.S. 51	NR	Yes	Public	PK, K-1	199	0.08
P.S. 56 Harry Eichler	5	Yes	Public	2-5	323	0.13
Once Upon A Time	NR	No	Private	PK-6	9	0.12
Once Upon A Time	NR	No	Private	PK-6	9	0.12
The Theatre Street School	NR	No	Private	4-6	2	0.12
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.12
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.12
P.S. 90 Horace Mann	5	No	Public	PK, K-5	605	0.35
P.S. 90 Horace Mann	5	No	Public	PK, K-5	605	0.35

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ms 137 America S School Of Heroes	6	Yes	Public	6-8	1,670	1.43
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.12
Holy Child Jesus School	NR	No	Private	PK-8	358	0.12
St Mary Church Christian Academy	NR	No	Private	K-8	22	0.12
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.54
Yeshiva Tifereth Moshe	NR	No	Private	PK-8	429	0.65
Jhs 210 Elizabeth Blackwell	5	No	Public	6-8	1,472	1.21

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Richmond Hill High School	3	Yes	Public	9-12	1,637	0.23
Yeshiva Shaar Hatorah	NR	No	Private	9-12	107	0.12
EPIC HIGH SCHOOL NORTH	5	No	Public	9-12	387	0.43
Tiferes Torah Institute	NR	No	Private	9-11	0	0.61
High School Construction Trades Engineering And Architecture	8	No	Public	9-12	1,075	0.75
The Kew-Forest School	NR	No	Private	PK, K-12	238	1.04
Archbishop Molloy High School	NR	No	Private	9-12	1,546	1.11
Sco Family of Services/T Paplin School	NR	No	Private		54	1.29
John Adams High School	4	No	Public	9-12	2,366	1.37
P.S. 233	NR	No	Public	K-12	490	1.38

Neighbors for 87-24 116th Street, Richmond Hill, NY

Nearby ZIP codes for 87-24 116th Street, Richmond Hill, NY

11208, New York City, NY 11355, New York City, NY 11367, New York City, NY 11368, New York City, NY 11374, New York City, NY 11375, New York City, NY 11379, New York City, NY 11414, New York City, NY 11415, New York City, NY 11416, New York City, NY 11417, New York City, NY 11419, New York City, NY 11420, New York City, NY 11421, New York City, NY 11424, New York City, NY 11432, New York City, NY 11433, New York City, NY 11435, New York City, NY 11436, New York City, NY

Frequently asked questions

What is the year built for 87-24 116th Street, Richmond Hill, NY 11418?

The development at 87-24 116th Street, Richmond Hill, NY 11418 was built in 1920.

What is the total square footage of 87-24 116th Street, Richmond Hill, NY 11418?

87-24 116th Street, Richmond Hill, NY 11418 has a total of 2,830 square feet.

What is the assessed value of 87-24 116th Street, Richmond Hill, NY 11418?

87-24 116th Street, Richmond Hill, NY 11418 is currently assessed at $79,140.

What are the property taxes for 87-24 116th Street, Richmond Hill, NY 11418?

The property taxes for 87-24 116th Street, Richmond Hill, NY 11418 total $6,982.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.