21 days on rocket

100-21 87th Ave, Richmond Hill, NY, 11418

$1,430,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
Multi

Location

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100-21 87th Ave, New York$1,430,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Attached, 4+ Car Attached
Attached Garage4 spaces
Year Built1910
HeatingNatural Gas, Baseboard
CoolingNone
BasementYes
MLS #3588450
Lot Size0.11 Acres
StatusActive
(A)

About 100-21 87th Ave

**Incredible Investment Opportunity! Spacious 2-Family Home with Monthly Income Potential of $10,000+|** Introducing a rare gem in the real estate market! This expansive 2-family property, resting on a generous 50 x 100 saft lot, is all about turning space into wealth. **Income-Generating Powerhouse:** With a fully finished basement and attic, this property is engineered to maximize income. I's currently producing over $10,000 in monthly revenue, making it an easy choice for say investors. Imagine living in one unit while having the other unit pay your mortgage. This is the path to financial freedom that this property offers. Whether you're a seasoned investor or a homeowner looking to balance your budget, this opportunity is too good to pass up. This property has been meticulously maintained and is in excellent condition. There's no need for immediate renovations or upgrades, making it a hassle-free investment option. For your convenience, the spacious parking area can easily accommodate over 4 cars. Don't miss out on this income-producing marvel. Secure your financial future.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910

Listing Office:

  • Office Name: Luxury Properties Realty Inc
  • Office Phone: (718) 845-6400

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Private, Attached, 4+ Car Attached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: see map

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,430,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

100-21 87th Ave vs New York

21 DAYS ON ROCKET

-63 Days

$1,430,000

+$573.8K More

KEY TAKEAWAY

This property is $573.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3588450

Listing Office:

  • Office Name: Luxury Properties Realty Inc
  • Office Phone: (718) 845-6400

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 3:11:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,354

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-349928
5
/10

  • P.S. 273 Queens

  • 8807 102nd St

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-349929
5
/10

  • New York City Academy for Discovery

  • 9516 89th Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-349930
5
/10

  • P.S. 254 The Rosa Parks School

  • 8440 101st St

  • 0.26 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,923. Residents of New York, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11418›100-21 87th Ave

This home is located at 100-21 87th Ave in Richmond Hill, NY and zip code 11418 in the Southwestern Queens neighborhood. This home, which was built in 1910, sits on a 0.11 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $1,430,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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