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89-48 129th Street, Richmond Hill, NY 11418 Property Information

Also known as: 12709 91st Ave, Richmond Hill, NY 11418

89-48 129th Street, Richmond Hill, NY 11418 Property Information

Also known as: 12709 91st Ave, Richmond Hill, NY 11418

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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89-48 129th Street, Richmond Hill, NY 11418 1
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Address

Primary address 89-48 129th Street
Secondary address 89-39 127th St
Neighborhood Richmond Hill
Zip code 11418
Borough Queens
Block & lot 09354-0025

Sales & Tax Overview for 89-48 129th Street, Richmond Hill

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 03/14/2006
Purchase price $3,250,000
Tax class

Lot & Building Information for 89-48 129th Street, Richmond Hill

Lot sq. ft. 31,000
Lot dimensions 155 ft x 200 ft
Property type Factory - Heavy Manufacturing (Fireproof) (F1)
Building sqft 27,000
Building dimensions 135 ft x 200 ft
Buildings on lot 1
Stories 1
Year built 1950
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Zoning & Use for 89-48 129th Street, Richmond Hill

Zoning
Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 28
Community district 9
Closest police station 1.40 Miles
Closest fire station 0.25 Miles

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

Other Property Data for 89-48 129th Street, Richmond Hill

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 89-48 129th 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 89-48 129th Street, Richmond Hill, NY 11418, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 89-39 127th St, Richmond Hill, NY 11418
  • 89-47 127th St, Richmond Hill, NY 11418
  • 89-42 129th St, Richmond Hill, NY 11418
  • 127-09 91st Ave, Richmond Hill, NY 11418

About 89-48 129th Street, Richmond Hill

How many sq. ft. does 89-48 129th Street, Richmond Hill, NY 11418 have & what is the price per sq. ft?

This Factory - Heavy Manufacturing (Fireproof) (F1) located at 89-48 129th Street, Richmond Hill, NY 11418 has a total of 27,000 square feet and a current price per square foot of $120.

What is the year built & the current market value of 89-48 129th Street, Richmond Hill, NY 11418?

89-48 129th Street, Richmond Hill, NY 11418 was built in 1950 and has a current tax assessor's market value of $3,229,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 89-48 129th Street, Richmond Hill

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Property owner name for 89-48 129th Street, Richmond Hill, NY 11418
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Building contacts for 89-48 129th Street, Richmond Hill, NY 11418
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 89-48 129th Street, Richmond Hill

No photo available
8948 129th Street
Listing type For Lease
Listing date 02/04/2022
Last updated 01/23/2025
View Listing

Brokers

Melissa Grasso
Larry Smith
Spaces
Suite name Space type Lease rate Available space Brokers
Full Building Warehouse Listing price not available 7,500 Melissa Grasso
(718) 371-0127
Larry Smith
(718) 371-0128
Active Listings For This Property:
For Lease No photo available
8948 129th Street
89-48 129th Street, Richmond Hill
Property Industrial
Availability 1 Spaces listed / 7500 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Huble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 89-48 129th Street, Richmond Hill

Create a free account to view the complete sales history for 89-48 129th Street, Richmond Hill, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
03/14/2006 $3,250,000

Title Documents for 89-48 129th 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
07/16/2024 - R UCC3 Continuation
(2024071200129001)
10/08/2020 - R UCC3 Assignment
(2020100701002001)
10/22/2020 - R
09/29/2020 - D
Assignment, Mortgage
(2020101501046001)
11/19/2020 - R
09/29/2020 - D
Asgn of Asgn of L&R
(2020101400061001)
12/06/2019 - R Initial UCC1
(2019120300091005)
12/06/2019 - R
11/25/2019 - D
Termination of Assign of L&R
(2019120300091006)
12/06/2019 - R
11/25/2019 - D
Assignment of Leases and Rents
(2019120300091004)
12/06/2019 - R
11/25/2019 - D
Agreement
(2019120300091003)
12/06/2019 - R
11/25/2019 - D
Mortgage
(2019120300091002)
12/06/2019 - R
11/25/2019 - D
Assignment, Mortgage
(2019120300091001)
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R: Recorded date
D: Document date

Property Taxes for 89-48 129th Street, Richmond Hill

Access detailed property tax data for 89-48 129th Street, Richmond Hill, NY 11418. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $152,081
Tax assessor's market value: $3,229,000
Assessed value: $1,453,050

Assessment History for 89-48 129th Street, Richmond Hill

Here's the assessment & property tax history for 89-48 129th 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 $3,505,000 $1,577,250 $1,319,490 10.848% $143,138 $143,138 +7.87%
2024/25 $3,117,000 $1,402,650 $1,233,040 10.762% $132,700 $132,700 +6.22%
2023/24 $2,878,000 $1,295,100 $1,179,490 10.592% $124,932 $124,932 +3.25%
2022/23 $2,848,000 $1,281,600 $1,136,560 10.646% $120,998 $120,998 +8.09%
2021/22 $2,313,000 $1,040,850 $1,040,850 10.755% $111,943 $111,943 -6.47%

Permits for 89-48 129th Street, Richmond Hill

The complete history of permits filed for 89-48 129th 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
12/15/2020 Alteration
03/11/2020 Alteration
03/10/2020 Alteration
05/19/2019 Alteration
02/15/2018 Alteration
09/09/2015 Alteration type 1
06/20/2008 Alteration type 2
07/07/2006 Alteration type 3
07/07/2006 Alteration type 3
06/28/2006 Alteration type 2
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% 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) 0.327
View subway map

Neighbors for 89-48 129th Street, Richmond Hill

Here are the neighbors for 89-48 129th Street, Richmond Hill, NY 11418.

Address Square feet Purchase date Purchase price
89-23 127th St, Richmond Hill 1,534 04/03/2026
89-21 127th St, Richmond Hill 1,534 08/06/2015
89-34 129th St, Richmond Hill 1,408 07/31/1990
89-22 129th St, Richmond Hill 1,390 03/22/2019
89-27 127th St, Richmond Hill 1,546 10/09/2017
89-25 127th St, Richmond Hill 2,211 09/20/2017 $450,000
89-28 129th St, Richmond Hill 1,280 09/29/2006 $525,000
89-35 127th St, Richmond Hill 1,328 03/07/2025 $1,000
129-04 89th Ave, Richmond Hill 2,262 01/05/1994
89-31 127th St, Richmond Hill 1,546 03/31/2015 $435,000
89-15 127th St, Richmond Hill 6,800 06/08/2021 $2,400,000
89-30 129th St, Richmond Hill 1,360 08/08/2022
89-36 129th St, Richmond Hill 1,504 11/08/2000
89-32 129th St, Richmond Hill 1,728 05/31/2006 $213,000
89-18 129th St, Richmond Hill 1,580 07/07/2004 $440,000
129-06 89th Ave, Richmond Hill 1,080 09/24/2021 $499,000
129-08 89th Ave, Richmond Hill 1,080 08/31/2017 $440,000
89-26 129th St, Richmond Hill 2,040 09/26/2016 $416,800
89-24 129th St, Richmond Hill 1,408 07/13/2005 $465,000
89-20 129th St, Richmond Hill 1,408 08/05/2016
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