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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Future School - 87-14 121st Street, Richmond Hill, NY 11418 1
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Address

Building name Future School
Primary address Future School - 87-14 121st Street
Neighborhood Richmond Hill
Zip code 11418
Borough Queens
Block & lot 09330-0012

Sales & Tax Overview for 87-14 121st Street, Richmond Hill

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Purchase date 10/12/2023
Purchase price $18,000,000
Tax class

Lot & Building Information for 87-14 121st Street, Richmond Hill

Lot sqft 4,600
Lot dimensions 40 ft x 115 ft
Building class Unlicensed Parking Lot (G7) i
Buildings on lot 1
Frontage(s) 121 Street (narrow)
Nearest wide street Jamaica Avenue
Distance to wide street
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Zoning & Use for 87-14 121st Street, Richmond Hill

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 27
Community district 9
Closest police station 1.32 Miles
Closest fire station 0.35 Miles

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

Other Property Data for 87-14 121st Street, Richmond Hill

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Floor area ratio (FAR) for Future School - 87-14 121st 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 Future School - 87-14 121st Street, Richmond Hill, NY 11418, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 87-14 121st Street, Richmond Hill

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

The assessed market value for the current tax year is $146,250.

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

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

Ownership Information for 87-14 121st Street, Richmond Hill

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Property owner name for Future School - 87-14 121st Street, Richmond Hill, NY 11418
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Building contacts for Future School - 87-14 121st Street, Richmond Hill, NY 11418
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
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 87-14 121st Street, Richmond Hill

Create a free account to view the complete sales history for 87-14 121st Street, Richmond Hill, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/12/2023 $18,000,000

Title Documents for 87-14 121st Street, Richmond Hill

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/12/2023 - D
10/18/2023 - R
Deed
(2023101300961001)
08/10/2016 - D
09/01/2016 - R
Deed
(2016081701371001)
06/20/2016 - D
12/23/2016 - R
Satisfaction of Mortgage
(2016122201869001)
09/10/1979 - R Deed
(37940119401263)
09/10/1979 - R Mortgage
(37940119401259)
11/20/1975 - R Sundry Agreement
(37540087301072)
11/20/1975 - R Maps
(37540000011150)
12/07/1972 - R Deed
(37240062601941)
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R: Recorded date
D: Document date

Property Taxes for 87-14 121st Street, Richmond Hill

Access detailed property tax data for Future School - Future School - 87-14 121st 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: $0
Tax assessor's market value: $325,000
Assessed value: $146,250
Exemptions granted by city:

Assessment History for 87-14 121st Street, Richmond Hill

Here's the assessment & property tax history for 87-14 121st 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 $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%

Permits for 87-14 121st Street, Richmond Hill

The complete history of permits filed for 87-14 121st 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
01/11/2017 Full demolition
12/31/2015 Alteration type 2
11/04/2013 Alteration type 2
         
         
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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
$730,000
7.7% YoY
Median Price/Sqft
$515
0.1% YoY
Queens Median Sale Price
$612,000
6% 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 123rd St & Jamaica Ave at SE Corner (Exit Only)
Station lines J-Z
Distance (miles) 0.097
View subway map
Bus Routes
Name Jamaica Av/121 St
Line Q56
Distance (miles) 0.028

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Ms 137 America S School Of Heroes 6 Yes Public 6-8 1,670 1.60
Holy Child Jesus School NR No Private PK-8 358 0.32
Yeshivat Ohr Haiim NR No Private PK-8 914 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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 87-14 121st Street, Richmond Hill

Here are the neighbors for Future School - Future School - 87-14 121st Street, Richmond Hill, NY 11418.

Address Square feet Purchase date Purchase price
87-40 121st St, Richmond Hill 82,953 01/27/2022 $46,500,000
120-19 89th Ave, Richmond Hill 19,525 07/14/1999
120-11 89th Ave, Richmond Hill 6,048 06/08/2017 $1,800,000
121-02 Jamaica Ave, Richmond Hill 17,223 03/29/2012 $156,750
87-17 Lefferts Blvd, Richmond Hill 2,404 04/24/1997
87-17 120th St, Richmond Hill
87-85 Lefferts Blvd, Richmond Hill 1,360 10/16/2020
120-30 Jamaica Ave, Richmond Hill 10/12/2023 $18,000,000
87-25 Lefferts Blvd, Richmond Hill 26,978 09/30/2015 $12,800,000
87-71 Lefferts Blvd, Richmond Hill 29,050 10/25/2011
87-83 120th St, Richmond Hill 1,543 01/05/2011 $308,571
87-83 Lefferts Blvd, Richmond Hill 1,360 03/04/2001
120-01 89th Ave, Richmond Hill 3,073 11/24/2009
120-08 Jamaica Ave, Richmond Hill 35,600 10/12/2023 $18,000,000
87-77 Lefferts Blvd, Richmond Hill 1,360 03/04/2002
121-08 Jamaica Ave, Richmond Hill 10,153 05/08/2019 $4,700,000
87-91 Lefferts Blvd, Richmond Hill 2,760 11/29/2021 $860,000
120-05 89th Ave, Richmond Hill 2,580 11/25/2019 $605,000
87-12 123rd St, Richmond Hill 1,784 09/06/2022
87-79 Lefferts Blvd, Richmond Hill 1,360 03/04/2002
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