New York City » 11418 » 124th St » 8738 124th St

87-38 124th Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-38 124th St

Property image for 87-38 124th Street, Richmond Hill, NY 11418

Property type

Two Family Frame (B2)

Year built

1930

Lot sq. ft.

3,325

Sale price

$360,000

General information

Address

Primary address

87-38 124th Street

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09332-0023

Building

Property type

Two Family Frame (B2)

Building sq. ft.

1,600

Building dimensions

20 ft x 40 ft

Buildings on lot

Stories

Year built

1930

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Sales

Sale date

03/22/2013

Sale price

$360,000

Tax

Tax year

2026-2027

Property tax

$8,078

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)

124 Street (wide)

Distance to wide street

Lot dimensions

35 ft x 95 ft

Lot sq. ft.

3,325

Area overview

Walk score

88 /100. Very Walkable

Transit score

98 /100. Rider's Paradise

Bike score

59 /100. Bikeable

School district

Community district

Closest police station

1.37 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 87-38 124th 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 87-38 124th Street, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
03/22/2013	$360,000	XXXXX XXX, XXXXXXXX	XXXXX, XXXXX XXX XXXXX, XXXXX XXX XXXXXXXXXXX (XXXXXXXX) , XXXXXXX XXX XXXXXXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/05/2024 - R 01/31/2022 - D	Agreement (2024010200757001)	XXX XXXXXXX XXXX	XXXXXXX XX XXXXXXX XXXXXXXX XXX
02/24/2022 - R 01/31/2022 - D	Agreement (2022021801011005)	XXX XXXXXXX XXXX	XXXXXXX XX XXXXXXX XXXXXXXX XXX
02/24/2022 - R 01/31/2022 - D	Mortgage (2022021801011004)	XXX XXXXXXX XXXX	XXXXXXX XX XXXXXXX XXXXXXXX XXX
02/24/2022 - R 12/16/2021 - D	Assignment, Mortgage (2022021801011003)	XXXXXXXX XXXX XXXXXXXX XXX	XXXXXXX XX XXXXXXX XXXXXXXX XXX
02/24/2022 - R 12/16/2021 - D	Assignment, Mortgage (2022021801011002)	XXXXXXXX XXXX	XXXXXXXX XXXX XXXXXXXX XXX
02/24/2022 - R 12/16/2021 - D	Assignment, Mortgage (2022021801011001)	XXXXXXXX XXXXXXXXXXXX XXX XXXXX XXX	XXXXXXXX XXXX
02/06/2017 - R 01/04/2017 - D	Agreement (2017020300754004)	XXXX XXX XXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/06/2017 - R 01/04/2017 - D	Mortgage (2017020300754002)	XXXX XXX XXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/06/2017 - R 01/04/2017 - D	Deed (2017020300754001)	XXX XXXXXXXX XXXXX	XXX XXXXXXX XXXX
02/06/2017 - R 01/03/2017 - D	Assignment, Mortgage (2017020300754003)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-38 124th 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

$8,078

Municipal exemptions

Recent tax assessments

Market value

$880,000

Assessed value

$52,800

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	$931,000	$55,860	$38,520	19.843%	$7,644	$7,644	+2.52%
2024/25	$777,000	$46,620	$37,120	20.085%	$7,456	$7,456	+5.65%
2023/24	$750,000	$45,000	$35,136	20.085%	$7,057	$7,057	+0.71%
2022/23	$788,000	$47,280	$34,505	20.309%	$7,008	$7,008	+3.48%
2021/22	$711,000	$42,660	$33,923	19.963%	$6,772	$6,772	+0.25%
2020/21	$650,000	$39,000	$32,100	21.045%	$6,755	$6,755	+3.17%
2019/20	$557,000	$33,420	$30,933	21.167%	$6,548	$6,548	+6.90%
2018/19	$513,600	$30,816	$29,280	20.919%	$6,125	$6,125	+4.50%
2017/18	$513,600	$30,816	$28,754	20.385%	$5,862	$5,862	+9.25%
2016/17	$485,000	$29,100	$26,839	19.991%	$5,365	$5,365	+8.37%

Permits

Permit information for 87-38 124th Street, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
08/18/2015	New building

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	12/05/2024	I

*Most recent HPD violation on record 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)

0.078

View subway map

Access the detailed traffic volume map for 87-38 124th 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. 54 Hillside	5	Yes	Public	K-5	440	0.23
P.S. 51	NR	No	Public	PK, K-1	199	0.30
P.S. 51	NR	No	Public	PK, K-1	199	0.30
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.33
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.33
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.41
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.41
The Theatre Street School	NR	No	Private	4-6	2	0.41
P.S. 56 Harry Eichler	5	No	Public	2-5	323	0.49

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 217 Robert A Van Wyck	4	Yes	Public	6-8	1,348	1.06
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.33
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.41
Holy Child Jesus School	NR	No	Private	PK-8	358	0.41
St Mary Church Christian Academy	NR	No	Private	K-8	22	0.48
Yeshiva Tifereth Moshe	NR	No	Private	PK-8	429	0.53
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.31
Growing Up Green Charter School II	4	No	Charter	PK, K-8	682	1.36

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	0.50
Yeshiva Shaar Hatorah	NR	No	Private	9-12	107	0.41
EPIC HIGH SCHOOL NORTH	5	No	Public	9-12	387	0.49
Tiferes Torah Institute	NR	No	Private	9-11	0	0.56
Archbishop Molloy High School	NR	No	Private	9-12	1,546	0.81
St Christopher-Ottilie School	NR	No	Private		54	0.91
Sco Family of Services/T Paplin School	NR	No	Private		54	0.91
High School Construction Trades Engineering And Architecture	8	No	Public	9-12	1,075	1.05
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.31
Hillcrest High School	3	No	Public	9-12	2,381	1.43

Neighbors for 87-38 124th Street, Richmond Hill, NY

Nearby ZIP codes for 87-38 124th 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 87-38 124th Street, Richmond Hill, NY 11418?

The development at 87-38 124th Street, Richmond Hill, NY 11418 was built in 1930.

What is the total square footage of 87-38 124th Street, Richmond Hill, NY 11418?

87-38 124th Street, Richmond Hill, NY 11418 has a total of 1,600 square feet.

When was 87-38 124th Street, Richmond Hill, NY 11418 last sold and what was the sale price?

87-38 124th Street, Richmond Hill, NY 11418 was last sold on 03/22/2013 for $360,000.

What is the assessed value of 87-38 124th Street, Richmond Hill, NY 11418?

87-38 124th Street, Richmond Hill, NY 11418 is currently assessed at $52,800.

What are the property taxes for 87-38 124th Street, Richmond Hill, NY 11418?

The property taxes for 87-38 124th Street, Richmond Hill, NY 11418 total $8,077.

How many residential units does this building have?

This building has 2 residential unit(s).

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.