New York City » 11418 » 123rd St » 8746 123rd St

87-46 123rd Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-44 123rd St

Property image for 87-46 123rd Street, Richmond Hill, NY 11418

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Year built

1931

Lot sq. ft.

95,905

Sale price

$18,100,000

General information

Address

Primary address

87-46 123rd Street

Alternate address(es)

87-44 123rd St
87-54 123rd St
87-80 123rd St

Show all

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09331-0030

Building

Property type

Factory - Heavy Manufacturing (Fireproof) (F1)

Building sq. ft.

138,000

Building dimensions

48 ft x 76 ft

Buildings on lot

Stories

Year built

1931

Last altered

1969

Building material

Sales

Sale date

06/16/2017

Sale price

$18,100,000

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.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

400.25 ft x 283 ft

Lot sq. ft.

95,905

Area overview

Walk score

87 /100. Very Walkable

Transit score

97 /100. Rider's Paradise

Bike score

59 /100. Bikeable

School district

Community district

Closest police station

1.29 Miles

Closest fire station

0.21 Miles

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

Ownership

Ownership information for 87-46 123rd 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 87-46 123rd Street, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
06/16/2017	$18,100,000	XXXXXXXXXXX	XXXXX XXXXXX XXXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/11/2017 - R	UCC3 Assignment (2017081000527003)	XXXXXXXXXXX	XXXXX XXX XXXXXXXX XXXXXXXXXXX
08/11/2017 - R	UCC3 Assignment (2017081000527002)	XXXXXXXXXXX	XXXXX XXX XXXXXXXX XXXXXXXXXXX
08/11/2017 - R	UCC3 Assignment (2017081000527001)	XXXXXXXXXXX	XXXXX XXX XXXXXXXX XXXXXXXXXXX
08/11/2017 - R 08/08/2017 - D	Satisfaction of Mortgage (2017081001805001)	XXXXX XXXXXX XXXXXXX XXXX	XXXXXXX XXX X X
08/10/2017 - R 08/04/2017 - D	Satisfaction of Mortgage (2017080801751001)	XXXXX XXXXXX XXXXXXX XXXX	XXXXXXX XXX X X
08/10/2017 - R 08/04/2017 - D	Satisfaction of Mortgage (2017080801748001)	XXXXX XXXXXX XXXXXXX XXXX	XXXXXXX XXX X X
08/10/2017 - R 08/04/2017 - D	Termination of Assign of L&R (2017080801670001)	XXXXX XXXXXX XXXXXXX XXXX	XXXXXXX XXX X X
08/10/2017 - R 08/04/2017 - D	Termination of Assign of L&R (2017080801611001)	XXXXX XXXXXX XXXXXXX XXXX	XXXXX XXXX XXXX
08/04/2017 - R	Initial UCC1 (2017080200194003)	XXXXXXXXXXX	XXXXX XXX XXXXXXXX XXXXXXXXXXX
08/04/2017 - R	Initial UCC1 (2017080200194002)	XXXXXXXXXXX	XXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-46 123rd 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

$8,684,000

Assessed value

$3,907,800

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	$8,537,000	$3,841,650	$0	10.848%	$406,110	$0	n/a
2024/25	$8,208,000	$3,693,600	$0	10.762%	$397,505	$0	n/a
2023/24	$9,004,000	$4,051,800	$0	10.592%	$401,932	$0	n/a
2022/23	$8,609,000	$3,874,050	$0	10.646%	$393,967	$0	n/a
2021/22	$7,162,000	$3,222,900	$0	10.755%	$346,623	$0	n/a
2020/21	$8,561,000	$3,852,450	$0	10.694%	$390,172	$0	n/a
2019/20	$8,487,000	$3,819,150	$0	10.537%	$358,981	$0	n/a
2018/19	$8,028,000	$3,612,600	$22,590	10.514%	$332,780	$2,375	-99.09%
2017/18	$7,777,000	$3,499,650	$2,473,827	10.514%	$309,304	$260,098	+9.11%
2016/17	$7,686,000	$3,458,700	$2,254,497	10.574%	$287,877	$238,391	+6.58%

Permits

Permit information for 87-46 123rd Street, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
06/09/2026	Alteration
10/16/2025	Alteration
10/05/2025	Alteration
09/12/2025	Alteration
08/19/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/30/2023	Lblvio-low pressure boiler boiler required
	09/06/2019	Acc1-(other BLDGS types) - elevator affirmation of correction elevatorrequired
	10/23/2012	E-elevator

*Most recent DOB violations on record 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 SE Corner (Exit Only)

Station lines

J-Z

Distance (miles)

0.11

View subway map

Access the detailed traffic volume map for 87-46 123rd 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 87-46 123rd 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 87-46 123rd Street, Richmond Hill, NY 11418?

The development at 87-46 123rd Street, Richmond Hill, NY 11418 was built in 1931.

What is the market value of 87-46 123rd Street, Richmond Hill, NY 11418?

The current market value of 87-46 123rd Street, Richmond Hill, NY 11418 is $8,684,000.

What is the total square footage of 87-46 123rd Street, Richmond Hill, NY 11418?

87-46 123rd Street, Richmond Hill, NY 11418 has a total of 138,000 square feet.

What is the price per square foot for this property?

$131 per square foot is the price for 87-46 123rd 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.