86-44 123rd Street, Richmond Hill, NY 11418 - Photo 1

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$1,499,000 Just Listed

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Active
Commercial
Updated 2 days ago

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Property Description

Great Investment Opportunity in Richmond Hill! Ideally located in the heart of Richmond Hill, this centrally situated property offers convenient access to shopping, schools, public transportation, parks, and all essential amenities. The building features a grand entrance with an impressive wide staircase, creating a welcoming first impression. Spacious throughout, each apartment offers a well-designed layout with two bedrooms, a generous living room, a separate dining room, and a full bathroom. An excellent opportunity for investors seeking a property with spacious units in a highly desirable location.

Full Property Details

Full Property Details for 86-44 123rd St

General

Price: $1,499,000
Taxes: $26,453
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 1026846
Updated: 7/16/2026
Added to Site: 5 day(s) ago

Parking

Parking Features: On Street

Location

County: Queens

School Information

High School District: Queens 27

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Electricity Connected, Sewer Available

Structural Information

Detached/Attached: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Finished
Building Size: 4320
Square Feet: 4,320
Year Built: 1931

Lot Features

Lot Size (Acres): 0.0826
Lot Size (Sq. Ft.): 3,600
Zoning: R5

Financial Considerations

Tax Amount: $26,453.04

Disclosures and Reports

Special Conditions: None
Property ID: 09276-0082

Listed by Elite Realty of USA Inc

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— 86-44 123rd St —

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718-551-9800

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Schools

Schools serving 86-44 123rd St

School District:New York City Geographic School District 27

Name	Grades	Distance
Ps 51 87-45 117th St, Queens, NY 11418	K-1	0.3 mi
Ps 56 Harry Eichler 86-10 114th St, Queens, NY 11418	2-5	0.4 mi
Ms 137 America S School Of Heroes 109-15 98th St, Queens, NY 11417	6-8	1.7 mi
Richmond Hill High School 89-30 114th St, Queens, NY 11418	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 86-44 123rd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/16/2026

Listed

$1,499,000

-2.66%

MLS

3/08/2022

Sold

$1,540,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 86-44 123rd St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$26,714

—

$220,545

3%

2025

$26,714

8%

$213,710

-6%

2024

$24,739

8%

$226,800

24%

2023

$22,906

10%

$183,222

8%

2022

$20,811

-11%

$169,650

-15%

2021

$23,515

2%

$199,350

—

2020

$23,163

9%

$199,350

-20%

2019

$21,173

5%

$249,120

45%

2017

$20,255

—

$171,947

8%

2017

$20,255

7%

$159,250

8%

2016

$19,010

3%

$147,455

3%

2015

$18,403

27%

$142,847

—

2014

$14,529

-12%

$142,808

8%

2013

$16,455

—

$132,267

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 86-44 123rd St

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Listed by Cornerstone R E Services LLC

86-44 123rd Street, Richmond Hill, NY 11418 (MLS# 1026846) is a Commercial property. 86-44 123rd Street is currently listed for $1,499,000 and was received on July 16, 2026. Want to learn more about 86-44 123rd Street? Do you have questions about finding other Commercial real estate for sale in Richmond Hill? You can browse all Richmond Hill real estate or contact a Coldwell Banker agent to request more information.

86-44 123rd St Richmond Hill, NY 11418