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8732 114th Street, Richmond Hill, NY 11418

Richmond Hill
Local realty services provided by:CENTURY 21 New West Properties
8732 114th Street,Richmond Hill, NY 11418
$1,399,000
  • - Beds
  • - Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active
Listed by: kelvin mohan
Office: park assets real estate corp
MLS#:977741
Source:OneKey MLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$291.46

About this home

87-32 114th St, Richmond Hill, NY Asking: $1,400,000 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...

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Home facts

  • Year built:1930
  • Listing ID #:977741
  • Added:1 day(s) ago
  • Updated:March 29, 2026 at 11:42 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Full
  • Living area:4,800 sq. ft.

Heating and cooling

  • Heating:Oil

Structure and exterior

  • Year built:1930
  • Building area:4,800 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$291.46
  • Tax amount:$24,234 (2025)
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