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87-16 121st Street, Richmond Hill, NY 11418 Property Information

87-16 121st Street, Richmond Hill, NY 11418 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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87-16 121st Street, Richmond Hill, NY 11418 2
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Address

Primary address 87-16 121st Street
Secondary address 87-19 120th St
Neighborhood Richmond Hill
Zip code 11418
Borough Queens
Block & lot 09330-0014

Sales & Tax Overview for 87-16 121st 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 01/22/2026
Purchase price $84,687,153
Tax class

Lot & Building Information for 87-16 121st Street, Richmond Hill

Lot sq. ft. 24,700
Lot dimensions 80 ft x 230 ft
Property type Self-Storage Warehouse (E7)
Building sqft 154,782
Building dimensions 139 ft x 189 ft
Buildings on lot 1
Stories 7
Year built 2020
Construction type
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Zoning & Use for 87-16 121st Street, Richmond Hill

Zoning
Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 27
Community district 9
Closest police station 1.29 Miles
Closest fire station 0.31 Miles

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

Other Property Data for 87-16 121st 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 87-16 121st 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 87-16 121st 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.

  • 87-19 120th St, Richmond Hill, NY 11418

About 87-16 121st Street, Richmond Hill

How many sq. ft. does 87-16 121st Street, Richmond Hill, NY 11418 have & what is the price per sq. ft?

This Self-Storage Warehouse (E7) located at 87-16 121st Street, Richmond Hill, NY 11418 has a total of 154,782 square feet and a current price per square foot of $547.

What is the year built & the current market value of 87-16 121st Street, Richmond Hill, NY 11418?

87-16 121st Street, Richmond Hill, NY 11418 was built in 2020 and has a current tax assessor's market value of $27,287,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 87-16 121st Street, Richmond Hill

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Property owner name for 87-16 121st Street, Richmond Hill, NY 11418
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Building contacts for 87-16 121st Street, Richmond Hill, NY 11418
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’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 87-16 121st Street, Richmond Hill

Create a free account to view the complete sales history for 87-16 121st Street, Richmond Hill, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
01/22/2026 $84,687,153
04/12/2024 $50,300,000
06/22/2018 $11,000,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 87-16 121st 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
02/12/2026 - R UCC3 Termination
(2026021100610016)
02/12/2026 - R
01/22/2026 - D
Termination of Assign of L&R
(2026021100610012)
02/06/2026 - R
01/22/2026 - D
Agreement
(2026012700123017)
02/06/2026 - R
01/22/2026 - D
Mortgage
(2026012700123016)
02/06/2026 - R
01/22/2026 - D
Assignment, Mortgage
(2026012700123005)
01/26/2026 - R
01/22/2026 - D
Deed
(2026012300850013)
04/26/2024 - R UCC3 Termination
(2024042300394015)
04/26/2024 - R UCC3 Termination
(2024042300394014)
04/26/2024 - R UCC3 Termination
(2024042300394013)
04/26/2024 - R UCC3 Termination
(2024042300394012)
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R: Recorded date
D: Document date

Property Taxes for 87-16 121st Street, Richmond Hill

Access detailed property tax data for 87-16 121st 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: $311,576
Tax assessor's market value: $27,287,000
Assessed value: $12,279,150

Assessment History for 87-16 121st Street, Richmond Hill

Here's the assessment & property tax history for 87-16 121st 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 $14,201,000 $6,390,450 $6,076,170 10.848% $659,143 $171,601 +17.62%
2024/25 $13,805,000 $6,212,250 $5,885,820 10.762% $633,432 $145,890 +22.09%
2023/24 $13,607,000 $6,123,150 $5,731,110 10.592% $607,039 $119,497 -79.94%
2022/23 $12,950,000 $5,827,500 $5,594,220 10.646% $595,561 $595,561 +1532.93%
2021/22 $1,482,000 $666,900 $339,120 10.755% $36,472 $36,472 +39.42%

Permits for 87-16 121st Street, Richmond Hill

The complete history of permits filed for 87-16 121st 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
01/16/2026 Alteration
10/21/2025 Alteration
04/02/2025 Alteration
04/02/2025 Alteration
03/19/2025 Alteration
03/19/2025 Alteration
03/19/2025 Alteration
03/19/2025 Alteration
03/19/2025 Alteration
04/13/2022 Alteration
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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) 0.114
View subway map

Neighbors for 87-16 121st Street, Richmond Hill

Here are the neighbors for 87-16 121st Street, Richmond Hill, NY 11418.

Address Square feet Purchase date Purchase price
131-02 88th Ave, Richmond Hill
87-55 130th St, Richmond Hill 150 06/09/2020
134-19 89th Ave, Richmond Hill 1,170 06/27/2025
87-01 Lefferts Blvd, Richmond Hill
89-37 120th St, Richmond Hill 09/27/1983
120-20 Jamaica Ave, Richmond Hill 11,300 10/12/2023 $18,000,000
87-69 Lefferts Blvd, Richmond Hill
87-36 Lefferts Blvd, Richmond Hill 4,200
87-87 116th St, Richmond Hill 21,000 04/30/2026 $2,600,000
102-33 Atlantic Ave, Richmond Hill 8,920 02/18/2022 $3,112,000
113-14 Jamaica Ave, Richmond Hill 06/03/2004 $1,550,000
124-05 89th Ave, Richmond Hill 3,654 07/01/2004 $475,000
87-52 130th St, Richmond Hill 08/30/2010 $2,375,000
87-58 130th St, Richmond Hill 08/30/2010 $2,375,000
87-22 123rd St, Richmond Hill 2,850 03/25/2009 $657,000
129-10 Jamaica Ave, Richmond Hill 06/16/1978
114-05 Atlantic Ave, Richmond Hill 2,700 04/07/2008 $400,000
115-02 Jamaica Ave, Richmond Hill 36,816 10/25/2012 $955,000
87-47 111th St, Richmond Hill 22,148 10/09/1996
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