New York City » 11418 » 121st St » 8714 121st St

Future School - 87-14 121st Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-14 121st St

Property image for Future School - 87-14 121st Street, Richmond Hill, NY 11418

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

4,600

Sale price

$18,000,000

General information

Address

Building name

Future School

Primary address

Future School - 87-14 121st Street

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09330-0012

Building

Property type

Unlicensed Parking Lot (G7)

Buildings on lot

Sales

Sale date

10/12/2023

Sale price

$18,000,000 - M

Tax

Tax year

2026-2027

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)

121 Street (narrow)

Nearest wide street

Jamaica Avenue

Distance to wide street

Lot dimensions

40 ft x 115 ft

Lot sq. ft.

4,600

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

95 /100. Rider's Paradise

Bike score

58 /100. Bikeable

School district

Community district

Closest police station

1.32 Miles

Closest fire station

0.35 Miles

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

Ownership

Ownership information for Future School - 87-14 121st 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 Future School - 87-14 121st Street, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
10/12/2023	$18,000,000	XXX XXXX XXXX XXXXXX XXXXXXXXXXXX XXXXXXXXX	XXXXX XXXXXX XXXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/18/2023 - R 10/12/2023 - D	Deed (2023101300961001)	XXXXX XXXXXX XXXXXX XXXXXXX XXX	XXX XXXX XXXX XXXXXX XXXXXXXXXXXX XXXXXXXXX
09/01/2016 - R 08/10/2016 - D	Deed (2016081701371001)	XXXXX XXXXXX	XXXXX XXXXXX XXXXXX XXXXXXX
12/23/2016 - R 06/20/2016 - D	Satisfaction of Mortgage (2016122201869001)	XXXXX XXXXXX	XXXXXXXXX XXXXXXXXXX XXX
09/10/1979 - R	Deed (37940119401263)	XXXXXXXXX XXXXXXXXXX XXX	XXXX XXXXX
09/10/1979 - R	Mortgage (37940119401259)	XXXXX XXXX	XXXXXXXXX XXXXXXXXXX XXX
11/20/1975 - R	Sundry Agreement (37540087301072)	XXX XXXX XXXX XXXXXXX XXXXXXXXX XXX XXXX (XXX XXXX
11/20/1975 - R	Maps (37540000011150)	XXX XXXX XXXX XXXXXXX
12/07/1972 - R	Deed (37240062601941)	XXXXXX XXXXXX XXXXXXXX XXX	XXXXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Future School - 87-14 121st 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

Municipal exemptions

Recent tax assessments

Market value

$423,000

Assessed value

$190,350

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	$325,000	$146,250	$0	10.848%	$10,193	$0	n/a
2024/25	$250,000	$112,500	$0	10.762%	$8,214	$0	n/a
2023/24	$192,000	$86,400	$63,900	10.592%	$6,768	$6,768	+15.61%
2022/23	$148,000	$66,600	$54,990	10.646%	$5,854	$5,854	+8.77%
2021/22	$129,000	$58,050	$50,040	10.755%	$5,382	$5,382	+8.37%
2020/21	$129,000	$58,050	$46,440	10.694%	$4,966	$4,966	+10.95%
2019/20	$112,000	$50,400	$42,480	10.537%	$4,476	$4,476	+8.25%
2018/19	$93,000	$41,850	$39,330	10.514%	$4,135	$4,135	+0.99%
2017/18	$93,000	$41,850	$38,944	10.514%	$4,095	$4,095	+3.76%
2016/17	$89,000	$40,050	$37,321	10.574%	$3,946	$3,946	+2.95%

Permits

Permit information for Future School - 87-14 121st Street, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
01/11/2017	Full demolition
12/31/2015	Alteration type 2
11/04/2013	Alteration type 2

*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

123rd St & Jamaica Ave at SE Corner (Exit Only)

Station lines

J-Z

Distance (miles)

0.097

View subway map

Access the detailed traffic volume map for Future School - 87-14 121st 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	0.19
P.S. 51	NR	Yes	Public	PK, K-1	199	0.19
P.S. 56 Harry Eichler	5	Yes	Public	2-5	323	0.36
P.S. 54 Hillside	5	No	Public	K-5	440	0.30
Once Upon A Time	NR	No	Private	PK-6	9	0.32
Once Upon A Time	NR	No	Private	PK-6	9	0.32
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.32
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.32
Holy Child Jesus School	NR	No	Private	PK-8	358	0.32

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	1.60
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.32
Holy Child Jesus School	NR	No	Private	PK-8	358	0.32
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.33
St Mary Church Christian Academy	NR	No	Private	K-8	22	0.35
Yeshiva Tifereth Moshe	NR	No	Private	PK-8	429	0.50
Jhs 217 Robert A Van Wyck	4	No	Public	6-8	1,348	1.15
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.42

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	0.42
Yeshiva Shaar Hatorah	NR	No	Private	9-12	107	0.32
EPIC HIGH SCHOOL NORTH	5	No	Public	9-12	387	0.48
Tiferes Torah Institute	NR	No	Private	9-11	0	0.50
Archbishop Molloy High School	NR	No	Private	9-12	1,546	0.88
The Kew-Forest School	NR	No	Private	PK, K-12	238	0.96
High School Construction Trades Engineering And Architecture	8	No	Public	9-12	1,075	0.97
St Christopher-Ottilie School	NR	No	Private		54	1.04
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.42
North Queens Community High School	2	No	Public	9-12	95	1.52

Nearby ZIP codes for Future School - 87-14 121st 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

When was Future School - 87-14 121st Street, Richmond Hill, NY 11418 last sold and what was the sale price?

Future School - 87-14 121st Street, Richmond Hill, NY 11418 was last sold on 10/12/2023 for $18,000,000.

What is the assessed value of Future School - 87-14 121st Street, Richmond Hill, NY 11418?

Future School - 87-14 121st Street, Richmond Hill, NY 11418 is currently assessed at $190,350.

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.