Queens  »  11418  »  Lefferts Blvd  »  8725 Lefferts Blvd

87-25 Lefferts Boulevard, Richmond Hill, NY 11418 - Property report

Also known as: 87-25 Lefferts Blvd

Property image for 87-25 Lefferts Boulevard, Richmond Hill, NY 11418
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1961

Lot sq. ft.

64,829

Sale price

$12,800,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
87-25 Lefferts Boulevard
ZIP code
11418
Neighborhood
Richmond Hill
Borough
Queens
Block & lot
09329-0075

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
26,978
Building dimensions
162 ft x 146 ft
Buildings on lot
1
Stories
1
Year built
1961
Last altered
1979
Building material
Sales
Sale date
09/30/2015
Sale price
$12,800,000 - M
Tax
Tax year
2026-2027
Property tax
$240,029
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
241 ft x 269 ft
Lot sq. ft.
64,829

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
School district
27
Community district
9
Closest police station
1.23 Miles
Closest fire station
0.28 Miles

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

Ownership information for 87-25 Lefferts Boulevard, Richmond Hill, NY

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

Sales history for 87-25 Lefferts Boulevard, Richmond Hill, NY 11418

Sale date Sale price Buyer name Seller name
09/30/2015 $12,800,000 XX-XX XXXXXXXX XXX XXXX X X'XXXX XX XXXXXXX XXX XXX XXXXXXXXX XXXXX XX XXXXXXX X X'XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/12/2021 - R
12/28/2020 - D
Agreement
(2021010601221001)
XXXX XXXXXXXX XXX XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/07/2015 - R Initial UCC1
(2015100500736001)
XXXX XXXXXXXX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX
10/08/2015 - R
09/30/2015 - D
Assignment of Leases and Rents
(2015100500229003)
XXXX XXXXXXXX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX
10/08/2015 - R
09/30/2015 - D
Mortgage
(2015100500229002)
XXXX XXXXXXXX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX
10/08/2015 - R
09/30/2015 - D
Deed
(2015100500229001)
XXXX X XXXXX XX XXXXXXX XXXX XXXXXXXX XXX
03/06/1992 - R Initial UCC1
(4890004058289)
XXXXX XXXXXXXXXXXXXXX XXXXX XXXXXXXX XXXXXXXX XX XXXXXXXX XX XXXXXXXX XXXXXX
08/15/1990 - R Agreement
(4530002688953)
XXXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXXXXXX XXX
07/11/1990 - R
06/29/1990 - D
Deed
(4090002678109)
XXXXX XXXXXXX X (XXXX XXXXX XXXXXXXX
02/07/1990 - R Uniform Commercial Code 3
(4510003068851)
XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
02/07/1990 - R Satisfaction of Mortgage
(4510002637051)
XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 87-25 Lefferts Boulevard, 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
$240,029
Municipal exemptions
Recent tax assessments
Market value
$5,163,000
Assessed value
$2,323,350

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 $4,871,000 $2,191,950 $2,142,640 10.848% $232,434 $232,434 -5.24%
2024/25 $5,858,000 $2,636,100 $2,279,160 10.762% $245,283 $245,283 -1.54%
2023/24 $5,810,000 $2,614,500 $2,351,970 10.592% $249,121 $249,121 +1.45%
2022/23 $5,144,000 $2,314,800 $2,306,610 10.646% $245,562 $245,562 +15.71%
2021/22 $4,385,000 $1,973,250 $1,973,250 10.755% $212,223 $212,223 -11.70%
2020/21 $5,401,000 $2,430,450 $2,247,390 10.694% $240,336 $240,336 +8.65%
2019/20 $5,393,000 $2,426,850 $2,099,340 10.537% $221,207 $221,207 +5.97%
2018/19 $5,763,000 $2,593,350 $1,985,400 10.514% $208,745 $208,745 +10.50%
2017/18 $4,850,000 $2,182,500 $1,796,760 10.514% $188,911 $188,911 +6.90%
2016/17 $4,021,000 $1,809,450 $1,671,260 10.574% $176,719 $176,719 +4.34%

Permit information for 87-25 Lefferts Boulevard, Richmond Hill, NY

Filing date Job type Job status Job description Initial cost
09/10/2024 Alteration
04/30/2024 Alteration
07/20/2021 Alteration
10/23/2020 Alteration
01/26/2018 Alteration

*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 SE Corner (Exit Only)
Station lines
J-Z
Distance (miles)
0.173

Access the detailed traffic volume map for 87-25 Lefferts Boulevard, 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 87-25 Lefferts Boulevard, Richmond Hill, NY 11418?

The development at 87-25 Lefferts Boulevard, Richmond Hill, NY 11418 was built in 1961.

What is the market value of 87-25 Lefferts Boulevard, Richmond Hill, NY 11418?

The current market value of 87-25 Lefferts Boulevard, Richmond Hill, NY 11418 is $5,163,000.

What is the total square footage of 87-25 Lefferts Boulevard, Richmond Hill, NY 11418?

87-25 Lefferts Boulevard, Richmond Hill, NY 11418 has a total of 26,978 square feet.

What is the price per square foot for this property?

$474 per square foot is the price for 87-25 Lefferts Boulevard, Richmond Hill, NY 11418.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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