New York City » 11418 » 124th St » 8781 124th St

87-81 124th Street, Richmond Hill, NY 11418 - Property report

Also known as: 87-81 124th St

Property image for 87-81 124th Street, Richmond Hill, NY 11418

Property type

Two Family Brick (B1)

Year built

1960

Lot sq. ft.

3,000

Sale price

$675,000

General information

Address

Primary address

87-81 124th Street

ZIP code

11418

Neighborhood

Richmond Hill

Borough

Queens

Block & lot

09333-0046

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,162

Building dimensions

23 ft x 47 ft

Buildings on lot

Stories

Year built

1960

Building material

Frame

Exterior wall

Combination

Basement

Garage type

Basement Garage

Sales

Sale date

05/06/2005

Sale price

$675,000

Tax

Tax year

2026-2027

Property tax

$8,041

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

30 ft x 100 ft

Lot sq. ft.

3,000

Area overview

Walk score

82 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

59 /100. Bikeable

School district

Community district

Closest police station

1.35 Miles

Closest fire station

0.23 Miles

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

Ownership

Ownership information for 87-81 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 87-81 124th Street, Richmond Hill, NY 11418

Sale date	Sale price	Buyer name	Seller name
05/06/2005	$675,000	XXXXXXX, XXXXXXX XXX XXXXXXX, XXXXX X	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
04/24/2014 - R 04/07/2014 - D	Release (2014041100596001)	XXXXXXX XXXXX X	XXXXXXXX XXXXX XXXX X X
04/03/2007 - R 03/14/2007 - D	Agreement (2007032001682004)	XXXXXXX XXXXX X
04/03/2007 - R 03/14/2007 - D	Mortgage (2007032001682003)	XXXXXXX XXXXX X
04/03/2007 - R 03/14/2007 - D	Mortgage (2007032001682002)	XXXXXXX XXXXX X
04/03/2007 - R 03/14/2007 - D	Deed (2007032001682001)	XXXXXXX XXXXX X	XXXXXXX XXXXX X
04/03/2007 - R 03/07/2007 - D	Assignment, Mortgage (2007032001682005)	XXXXXXXXXX XXXXXX XXXX	XX XXXXXX XXXXX XXXX X X
07/08/2005 - R 06/24/2005 - D	Satisfaction of Mortgage (2005062401071002)	XXXX XXXXXXXXXX	XXXXXXXXX XXXXXXX XXXX
07/08/2005 - R 06/21/2005 - D	Assignment, Mortgage (2005062401071001)	XXX XXXXXXX	XXXXX XXXXX XXXX XX
02/22/2007 - R 05/06/2005 - D	Mortgage (2005060900614002)	XXXXXXX XXXXXXX	XXXX XXXXX XXXXXXXX XXXXXXX
02/22/2007 - R 05/06/2005 - D	Deed (2005060900614001)	XXXXXXXXXXX XXXX	XXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-81 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

$8,041

Municipal exemptions

Recent tax assessments

Market value

$835,000

Assessed value

$50,100

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	$926,000	$55,560	$40,522	19.843%	$8,041	$8,041	-0.45%
2024/25	$923,000	$55,380	$40,216	20.085%	$8,077	$8,077	+6.00%
2023/24	$851,000	$51,060	$37,940	20.085%	$7,620	$7,620	+4.83%
2022/23	$825,000	$49,500	$35,794	20.309%	$7,269	$7,269	+7.84%
2021/22	$691,000	$41,460	$33,768	19.963%	$6,741	$6,741	-5.14%
2020/21	$759,000	$45,540	$33,768	21.045%	$7,106	$7,106	+0.18%
2019/20	$768,000	$46,080	$33,514	21.167%	$7,094	$7,094	+7.26%
2018/19	$596,000	$35,760	$31,617	20.919%	$6,614	$6,614	+8.77%
2017/18	$550,000	$33,000	$29,828	20.385%	$6,080	$6,080	+8.09%
2016/17	$469,000	$28,140	$28,140	19.991%	$5,625	$5,625	-4.49%

Permits

Permit information for 87-81 124th Street, Richmond Hill, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations 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)

0.163

View subway map

Access the detailed traffic volume map for 87-81 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	0.27
P.S. 51	NR	No	Public	PK, K-1	199	0.34
P.S. 51	NR	No	Public	PK, K-1	199	0.34
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.40
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.40
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.44
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.44
Once Upon A Time	NR	No	Private	PK-6	9	0.44
P.S. 56 Harry Eichler	5	No	Public	2-5	323	0.54

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	1.07
Bais Yaakov Academy For Girls	NR	No	Private	PK, K-8	738	0.40
Yeshivat Ohr Haiim	NR	No	Private	PK-8	914	0.44
Holy Child Jesus School	NR	No	Private	PK-8	358	0.44
St Mary Church Christian Academy	NR	No	Private	K-8	22	0.54
Yeshiva Tifereth Moshe	NR	No	Private	PK-8	429	0.61
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.29
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	0.51
Yeshiva Shaar Hatorah	NR	No	Private	9-12	107	0.44
EPIC HIGH SCHOOL NORTH	5	No	Public	9-12	387	0.45
Tiferes Torah Institute	NR	No	Private	9-11	0	0.64
Archbishop Molloy High School	NR	No	Private	9-12	1,546	0.84
St Christopher-Ottilie School	NR	No	Private		54	0.88
Sco Family of Services/T Paplin School	NR	No	Private		54	0.88
High School Construction Trades Engineering And Architecture	8	No	Public	9-12	1,075	1.06
Young Women's Leadership School of Queens	6	No	Public	6-12	556	1.29
Hillcrest High School	3	No	Public	9-12	2,381	1.41

Nearby ZIP codes for 87-81 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 87-81 124th Street, Richmond Hill, NY 11418?

The development at 87-81 124th Street, Richmond Hill, NY 11418 was built in 1960.

What is the total square footage of 87-81 124th Street, Richmond Hill, NY 11418?

87-81 124th Street, Richmond Hill, NY 11418 has a total of 2,162 square feet.

When was 87-81 124th Street, Richmond Hill, NY 11418 last sold and what was the sale price?

87-81 124th Street, Richmond Hill, NY 11418 was last sold on 05/06/2005 for $675,000.

What is the assessed value of 87-81 124th Street, Richmond Hill, NY 11418?

87-81 124th Street, Richmond Hill, NY 11418 is currently assessed at $50,100.

What are the property taxes for 87-81 124th Street, Richmond Hill, NY 11418?

The property taxes for 87-81 124th Street, Richmond Hill, NY 11418 total $8,040.

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.