Queens » 11418 » Atlantic Ave » 12023 Atlantic Ave

120-23 Atlantic Avenue, Richmond Hill, NY 11418 - Property report

Also known as: 120-01 Atlantic Ave

Property image for 120-23 Atlantic Avenue, Richmond Hill, NY 11418

Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

16,903

Sale price

$5,666,375

General information

Address

Primary address

120-23 Atlantic Avenue

Alternate address(es)

120-01 - 120-03 Atlantic Ave
120-05 - 120-23 Atlantic Ave

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09352-0028

Building

Property type

One Story Retail Building (K1)

Building sq. ft.

22,208

Building dimensions

140 ft x 85 ft

Buildings on lot

Stories

Year built

1931

Last altered

1996

Building material

Sales

Sale date

09/18/2008

Sale price

$5,666,375 - M

Tax

Tax year

2026-2027

Property tax

$129,782

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

187.66 ft x 90.08 ft

Lot sq. ft.

16,903

Area overview

Walk score

82 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

51 /100. Bikeable

School district

Community district

Closest police station

1.07 Miles

Closest fire station

0.02 Miles

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

Ownership

Ownership information for 120-23 Atlantic Avenue, 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 120-23 Atlantic Avenue, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
09/18/2008	$5,666,375	XXX XXXXXXXX XXXXXX XXX	XXXX XXXXXX XXX XXX XXXXXX XXXXXXX XXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/21/2024 - R	Initial UCC1 (2024022100640001)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
02/22/2024 - R 02/15/2024 - D	Assignment of Leases and Rents (2024021500556002)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
02/22/2024 - R 02/15/2024 - D	Agreement (2024021500556001)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
02/07/2018 - R	Initial UCC1 (2018020600084003)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
02/07/2018 - R 02/01/2018 - D	Assignment of Leases and Rents (2018020600084002)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
02/07/2018 - R 02/01/2018 - D	Mortgage (2018020600084001)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
08/28/2013 - R	UCC3 Termination (2013082100620001)	XXX XXXXXXXX XXXXXX XXX	XXX XXXXXXX XXX
08/28/2013 - R	Initial UCC1 (2013082100475001)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX
11/14/2013 - R 08/07/2013 - D	Termination of Assign of L&R (2013082100174005)	XXX XXXXXXX XXX	XXX XXXXXXXX XXXXXX XXX
11/14/2013 - R 08/07/2013 - D	Assignment of Leases and Rents (2013082100174004)	XXX XXXXXXXX XXXXXX XXX	XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 120-23 Atlantic Avenue, 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

$129,782

Municipal exemptions

Recent tax assessments

Market value

$3,014,000

Assessed value

$1,356,300

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	$2,899,000	$1,304,550	$1,093,230	10.848%	$118,594	$118,594	+4.83%
2024/25	$2,690,000	$1,210,500	$1,051,200	10.762%	$113,130	$113,130	+3.18%
2023/24	$2,429,000	$1,093,050	$1,035,180	10.592%	$109,646	$109,646	+1.23%
2022/23	$2,261,000	$1,017,450	$1,017,450	10.646%	$108,318	$108,318	+19.81%
2021/22	$1,868,000	$840,600	$840,600	10.755%	$90,407	$90,407	-20.02%
2020/21	$2,432,000	$1,094,400	$1,056,960	10.694%	$113,031	$113,031	+7.78%
2019/20	$2,512,000	$1,130,400	$995,312	10.537%	$104,876	$104,876	+9.42%
2018/19	$2,512,000	$1,130,400	$911,612	10.514%	$95,847	$95,847	+11.34%
2017/18	$2,190,000	$985,500	$818,746	10.514%	$86,083	$86,083	+8.64%
2016/17	$2,098,000	$944,100	$749,354	10.574%	$79,237	$79,237	+18.57%

Permits

Permit information for 120-23 Atlantic Avenue, Richmond Hill, NY

Filing date	Job type	Job status	Job description	Initial cost
03/12/2020	Alteration
08/09/2013	Alteration type 3
08/09/2013	Sign
08/09/2013	Sign
08/09/2013	Sign

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/18/2012	Aeuhaz1-fail to certify class 1
	04/18/2012	Aeuhaz1-fail to certify class 1
	10/20/2010	C-construction

*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)

0.401

View subway map

Access the detailed traffic volume map for 120-23 Atlantic Avenue, 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 120-23 Atlantic Avenue, 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 120-23 Atlantic Avenue, Richmond Hill, NY 11418?

The development at 120-23 Atlantic Avenue, Richmond Hill, NY 11418 was built in 1931.

What is the market value of 120-23 Atlantic Avenue, Richmond Hill, NY 11418?

The current market value of 120-23 Atlantic Avenue, Richmond Hill, NY 11418 is $3,014,000.

What is the total square footage of 120-23 Atlantic Avenue, Richmond Hill, NY 11418?

120-23 Atlantic Avenue, Richmond Hill, NY 11418 has a total of 22,208 square feet.

What is the price per square foot for this property?

$255 per square foot is the price for 120-23 Atlantic Avenue, Richmond Hill, NY 11418.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.