$1,399,000 - 8732 114th Street, Richmond Hill, NY 11418｜MLS # 977740
| MLS # | 977740 |
| Construction Year | 1930 |
| Taxes (per year) | $24,234 |
| Fuel Type | Oil |
| Basement | Full basement |
| Bus | 1 min: Q56 |
| 3 min: Q37 | |
| 4 min: Q55 | |
| 5 min: Q10, QM18 | |
| 6 min: Q24 | |
| Subway | 2 min: J |
| 8 min: Z | |
| LIRR | 0.9 miles: "Kew Gardens" |
| 1.4 miles: "Jamaica" | |
 |
Welcome to 87-32 114th St, Richmond Hill, NY
Prime investment opportunity in the heart of Richmond Hill! This fully brick 6-family building offers strong income and long-term upside potential.
The property generates $125,741 in annual rental income with only $46,487 in yearly expenses, making it an attractive asset for both seasoned and new investors. Featuring 2 free market units, this building provides immediate potential for increased cash flow and future rent growth.
Well-maintained and solidly built, this property benefits from its full brick construction, offering durability and lower maintenance over time. Conveniently located near transportation, shopping, and major corridors, ensuring consistent tenant demand.
Property Highlights:
6 Residential Units
2 Free Market Units (Upside Potential)
Full Brick Construction
Annual Income: $125,741
Annual Expenses: $46,487
Strong Cash Flow Opportunity
Perfect for investors looking to secure a stable, income-producing property in a high-demand Queens neighborhood.
Contact Kelvin Mohan for more details or to schedule a showing.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Park Assets Real Estate Corp © 2026
Other properties in this area
English Hebrew עִברִית Hindi हिन्दी Russian ‖ Русский Spanish ‖ Español