Queens » 11418 » 118th St » 8711 118th St

87-11 118th Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-11 118th St

Property image for 87-11 118th Street, Richmond Hill, NY 11418

Property type

One Story Retail Building (K1)

Year built

1930

Lot sq. ft.

4,600

Sale price

$466,000

General information

Address

Primary address

87-11 118th Street

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09328-0091

Building

Property type

One Story Retail Building (K1)

Building sq. ft.

5,880

Building dimensions

45 ft x 90 ft

Buildings on lot

Stories

Year built

1930

Last altered

2020

Building material

Sales

Sale date

09/08/2016

Sale price

$466,000

Tax

Tax year

2026-2027

Property tax

$33,986

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

50 ft x 92 ft

Lot sq. ft.

4,600

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

90 /100. Rider's Paradise

Bike score

57 /100. Bikeable

School district

Community district

Closest police station

1.24 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 87-11 118th 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 87-11 118th Street, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
09/08/2016	$466,000	XXXX XXXXX XXX XXXXXXXXXX, XXX	XXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/12/2023 - R 10/05/2023 - D	Assignment, Mortgage (2023100900268002)	XXXXXXXX XXXXXXXXXX XXXXXXX XXX	X X XXXX X X XXXXXXX XXXX XXXXX XXXXX
10/12/2023 - R 10/05/2023 - D	Assignment, Mortgage (2023100900268001)	XXXXXXXX XXXXXXX XXXXX XXX	XXXXXXXX XXXXXXXXXX XXXXXXX XXX
08/11/2021 - R 05/28/2021 - D	Assignment, Mortgage (2021080200193004)	XXXX XXXXX XXXX	XXXXXXXX XXXXXXX XXXXX XXX
08/11/2021 - R 05/28/2021 - D	Assignment, Mortgage (2021080200193003)	XXXXXXXX X XXXXXXXXXX XX XXXX XXXXXX XXXXXXX XXXXX	XXXXXXXX XXXXXXX XXXXX XXX
08/11/2021 - R 05/28/2021 - D	Termination of Assign of L&R (2021080200193002)	XXXX XXXXX XXX XXXXXXXXXX XXX	XX XXXXXXX XXX
08/11/2021 - R 05/28/2021 - D	Termination of Assign of L&R (2021080200193001)	XXXX XXXXX XXX XXXXXXXXXX XXX	XX XXXXXXX XXX
07/26/2021 - R 05/28/2021 - D	Agreement (2021061500175002)	XXXX XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXX XXXXX XXX
07/26/2021 - R 05/28/2021 - D	Mortgage (2021061500175001)	XXXX XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXX XXXXX XXX
10/25/2019 - R 10/16/2019 - D	Assignment of Leases and Rents (2019102401011003)	XXXX XXXXX XXX XXXXXXXXXX XXX	XX XXXXXXX XXX
10/25/2019 - R 10/16/2019 - D	Assignment, Mortgage (2019102401011002)	XX XXXXXXX XXX	XXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-11 118th 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

$33,986

Municipal exemptions

Recent tax assessments

Market value

$745,000

Assessed value

$335,250

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	$701,000	$315,450	$294,030	10.848%	$31,896	$31,896	+2.24%
2024/25	$688,000	$309,600	$289,890	10.762%	$31,198	$31,198	+3.08%
2023/24	$685,000	$308,250	$285,750	10.592%	$30,267	$30,267	+13.22%
2022/23	$602,000	$270,900	$251,100	10.646%	$26,732	$26,732	+17.27%
2021/22	$471,000	$211,950	$211,950	10.755%	$22,795	$22,795	-12.80%
2020/21	$595,000	$267,750	$244,440	10.694%	$26,140	$26,140	+7.55%
2019/20	$582,000	$261,900	$230,670	10.537%	$24,306	$24,306	+6.58%
2018/19	$540,000	$243,000	$216,900	10.514%	$22,805	$22,805	+5.36%
2017/18	$533,000	$239,850	$205,863	10.514%	$21,644	$21,644	+5.87%
2016/17	$466,000	$209,700	$193,351	10.574%	$20,445	$20,445	+2.67%

Permits

Permit information for 87-11 118th Street, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
12/20/2024	Alteration
04/03/2024	Alteration
02/22/2021	Alteration
11/14/2019	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

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

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

123rd St & Jamaica Ave at NW Corner

Station lines

J-Z

Distance (miles)

0.228

View subway map

Access the detailed traffic volume map for 87-11 118th 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

Nearby ZIP codes for 87-11 118th 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 87-11 118th Street, Richmond Hill, NY 11418?

The development at 87-11 118th Street, Richmond Hill, NY 11418 was built in 1930.

What is the market value of 87-11 118th Street, Richmond Hill, NY 11418?

The current market value of 87-11 118th Street, Richmond Hill, NY 11418 is $745,000.

What is the total square footage of 87-11 118th Street, Richmond Hill, NY 11418?

87-11 118th Street, Richmond Hill, NY 11418 has a total of 5,880 square feet.

What is the price per square foot for this property?

$79 per square foot is the price for 87-11 118th Street, Richmond Hill, NY 11418.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.