New York City  »  11418  »  121st St  »  8716 121st St

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

Also known as: 87-19 120th St

Property image for 87-16 121st Street, Richmond Hill, NY 11418
static Mapbox map

Property type

Self-Storage Warehouse (E7)

Year built

2020

Lot sq. ft.

24,700

Sale price

$84,687,153

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
87-16 121st Street
Alternate address(es)
87-16 - 87-22 121st St
87-19 120th St
ZIP code
11418
Neighborhood
Richmond Hill
Borough
Queens
Block & lot
09330-0014

Owner

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Building
Property type
Self-Storage Warehouse (E7)
Building sq. ft.
154,782
Building dimensions
139 ft x 189 ft
Buildings on lot
1
Stories
7
Year built
2020
Building material
Sales
Sale date
01/22/2026
Sale price
$84,687,153
Tax
Tax year
2026-2027
Property tax
$311,576
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
80 ft x 230 ft
Lot sq. ft.
24,700

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
School district
27
Community district
9
Closest police station
1.29 Miles
Closest fire station
0.31 Miles

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

Ownership

Ownership information for 87-16 121st 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 87-16 121st Street, Richmond Hill, NY 11418

Sale date Sale price Buyer name Seller name
01/22/2026 $84,687,153 XX-XX XXXXX XX XXXXXXXX XXXXX X X X XX XXX XXXXX XXXXXX X X X
04/12/2024 $50,300,000 XX XXX XXXXX XXXXXX X X X XXX XXXXX, XXX
06/22/2018 $11,000,000 XXX XXXXX, XXX XXXXXX XXXXXX XXXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/12/2026 - R UCC3 Termination
(2026021100610016)		 XX XXX XXXXX XXXXXX X X X XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
02/12/2026 - R
01/22/2026 - D		 Termination of Assign of L&R
(2026021100610012)		 XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XX XXX XXXXX XXXXXX X X X
02/06/2026 - R
01/22/2026 - D		 Agreement
(2026012700123017)		 XXX X XXXX XXXXXXXX XXXXX X X X XXX XXXX XXXX XXXXXXX XXXXXXXXX XXX XXX
02/06/2026 - R
01/22/2026 - D		 Mortgage
(2026012700123016)		 XXX XXXXXXX XXXXXXXX XXXXX X X X XXX XXXX XXXX XXXXXXX XXXXXXXXX XXX XXX
02/06/2026 - R
01/22/2026 - D		 Assignment, Mortgage
(2026012700123005)		 XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXX XXX XXX
01/26/2026 - R
01/22/2026 - D		 Deed
(2026012300850013)		 XX XXX XXXXX XXXXXX X X X XXXX XXXXX XX XXXXXXXX XXXXX X X X
04/26/2024 - R UCC3 Termination
(2024042300394015)		 XXX XXXXX XXX XXXXXXXX XXXXXXX XXX XXXXXXXXXX XXX
04/26/2024 - R UCC3 Termination
(2024042300394014)		 XXX XXXXX XXX XXXXXXXX XXXXXXX XXX XXXXXXXXXX XXX
04/26/2024 - R UCC3 Termination
(2024042300394013)		 XXX XXXXX XXX XXXXXXXX XXXXXXX XXX XXXX XXXXXX XXX
04/26/2024 - R UCC3 Termination
(2024042300394012)		 XXX XXXXX XXX XXXXXXXX XXXXXXX XXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87-16 121st 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
$311,576
Municipal exemptions
Recent tax assessments
Market value
$27,287,000
Assessed value
$12,279,150

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 $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%
2020/21 $618,000 $278,100 $244,620 10.694% $26,160 $26,160 -64.12%
2019/20 $1,707,000 $768,150 $691,920 10.537% $72,908 $72,908 +6.80%
2018/19 $1,651,000 $742,950 $649,290 10.514% $68,266 $68,266 +6.77%
2017/18 $1,519,000 $683,550 $608,100 10.514% $63,936 $63,936 +4.90%
2016/17 $1,437,000 $646,650 $576,390 10.574% $60,947 $60,947 +4.55%
Permits

Permit information for 87-16 121st Street, Richmond Hill, NY

Filing date Job type Job status Job description Initial cost
07/02/2026 Alteration
01/16/2026 Alteration
10/21/2025 Alteration
04/02/2025 Alteration
04/02/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/01/2024 Egrade-failure to post energy grade/score none
05/02/2024 Bench-failure to benchmark none
08/02/2021 Bench-failure to benchmark

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
123rd St & Jamaica Ave at SE Corner (Exit Only)
Station lines
J-Z
Distance (miles)
0.114
View subway map

Access the detailed traffic volume map for 87-16 121st 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

Neighbors for 87-16 121st Street, Richmond Hill, NY

131-02 88th Ave, Richmond Hill 87-55 130th St, Richmond Hill 134-19 89th Ave, Richmond Hill 87-01 Lefferts Blvd, Richmond Hill 89-37 120th St, Richmond Hill 120-20 Jamaica Ave, Richmond Hill 87-69 Lefferts Blvd, Richmond Hill 87-36 Lefferts Blvd, Richmond Hill 87-87 116th St, Richmond Hill 102-33 Atlantic Ave, Richmond Hill 113-14 Jamaica Ave, Richmond Hill 124-05 89th Ave, Richmond Hill 87-52 130th St, Richmond Hill 87-58 130th St, Richmond Hill 87-22 123rd St, Richmond Hill 129-10 Jamaica Ave, Richmond Hill 114-05 Atlantic Ave, Richmond Hill 115-02 Jamaica Ave, Richmond Hill 87-47 111th St, Richmond Hill

Nearby ZIP codes for 87-16 121st 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 87-16 121st Street, Richmond Hill, NY 11418?

The development at 87-16 121st Street, Richmond Hill, NY 11418 was built in 2020.

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

The current market value of 87-16 121st Street, Richmond Hill, NY 11418 is $27,287,000.

What is the total square footage of 87-16 121st Street, Richmond Hill, NY 11418?

87-16 121st Street, Richmond Hill, NY 11418 has a total of 154,782 square feet.

What is the price per square foot for this property?

$547 per square foot is the price for 87-16 121st Street, Richmond Hill, NY 11418.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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