Back to search
8640 123rd Street Richmond Hill, NY $ 1,400,000
Share Save
$ 1,400,000 Get more info
8640 123rd Street
$ 1,400,000
Back to search
Share Save

8640 123rd Street

Richmond Hill, NY, 11418
$ 1,400,000
Bedrooms-- Baths-- Sq 4,320

Monthly Estimate*

$ 8,734

8640 123rd Street, Richmond Hill, NY 11418 - Image 1
8640 123rd Street, Richmond Hill, NY 11418 - Image 2
8640 123rd Street, Richmond Hill, NY 11418 - Image 3
8640 123rd Street, Richmond Hill, NY 11418 - Image 4
8640 123rd Street, Richmond Hill, NY 11418 - Image 5
8640 123rd Street, Richmond Hill, NY 11418 - Image 6
8640 123rd Street, Richmond Hill, NY 11418 - Image 7
8640 123rd Street, Richmond Hill, NY 11418 - Image 8
8640 123rd Street, Richmond Hill, NY 11418 - Image 9
8640 123rd Street, Richmond Hill, NY 11418 - Image 10
8640 123rd Street, Richmond Hill, NY 11418 - Image 11
8640 123rd Street, Richmond Hill, NY 11418 - Image 12
8640 123rd Street, Richmond Hill, NY 11418 - Image 13
8640 123rd Street, Richmond Hill, NY 11418 - Image 14
8640 123rd Street, Richmond Hill, NY 11418 - Image 15
View a Virtual Tour

Commercial Property for sale in Richmond Hill, NY

for $1,400,000. This 4,320 square foot building was built in 1931 on a lot size of 0.0821.

Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.

See more
Commercial Active

Price

$ 1,400,000

Property Type

Commercial

Taxes

$ 24,738

Style

Multi Family

Lot Size

0.0821

Year Built

1931

Town/City

Richmond Hill

County/Region

Queens

MLS | Web ID

892533
Features
General
Sewer Public Sewer
Heating Baseboard Natural Gas
Cooling Wall/Window Unit(s)
Utilities See Remarks
Construction Materials Brick
Year Built 1931
Tenant Pays Electricity Gas
Property Subtype Multi Family
Tax Year 2024
Parcel Number 09276-0080
County Queens
Insurance Expense 7900
Property Type Commercial Sale
City New York
High School District Queens 27
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 24738.96
Showing Instructions By Appointment
Fuel Expense 8000
Trash Expense 3600
Water Sewer Expense 4000
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 27
Elementary School District Queens 27
Tax Assessed Value 256950
Virtual Tour https://primerealestatephoto.hd.pics/8640-123rd-St
See more
Interior
Basement Full
Total Stories 3
Basement Features Full
Basement (Y/N) Y
See more
Exterior
Parking Features None None
Water Source Public
Foundation Details Brick/Mortar
Building Area Total 4320
Waterfront Y/N N
See more
Internal Only
Street Number 1 8640
See more
* Excluded Features
List By
Leah Lori L. Ferster

Listing Agent

North East Queens Realty Corp

Broker

516-498-1110

Contact

Affordability Calculator

$10,796
Per Month
81%
19%
0%
Monthly Principal & Interest
$8,734
Monthly Property Taxes
$2,062
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4098869 Elementary School
4099501 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/26/2025$1,400,000 -12.45% Price Down
7/23/2025$1,599,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

8640 123rd Street, Richmond Hill, NY, 11418 is a Commercial Property for sale at $1,400,000 with 4,320 sqft and a lot size of 0.0821. 8640 123rd Street was built in 1931. The property's zip code is 11418 which is in Richmond Hill, NY

Get more info