9440 121st Street, South Richmond Hill, NY 11419

South Richmond Hill
Local realty services provided by:ERA Insite Realty Services
9440 121st Street,Richmond Hill S., NY 11419
$1,499,888
  • - Beds
  • - Baths
  • 2,500 sq. ft.
  • Multi-family
  • Pending
Listed by: harnoor bhullar ahwd mrp, raman p. singh bindra
Office: property professionals realty
MLS#:970905
Source:OneKey MLS

Price summary

  • Price:$1,499,888
  • Price per sq. ft.:$599.96

About this home

Introducing a rare investment opportunity in the heart of South Richmond Hill — an all-brick, legal 3-family residence situated in one of Queens’ most dynamic and fast-appreciating neighborhoods. South Richmond Hill has been experiencing a surge in property development, with values steadily climbing and rental demand consistently outpacing supply. This property offers investors both immediate cash flow and long-term equity growth in a thriving market. The building spans approximately 2,500 sq ft and delivers a strong, reliable rent roll of over $11,000 per month (annual gross income of roughly $132,000). Each of the three floors features a minimum of 4 bedrooms and 2 bathrooms, along with spacious living areas and kitchens, making them highly attractive for long-term tenants. Adding to the value, the basement is fully finished with its own private entrance, providing excellent flexibility for storage, recreation, or additional income potential. Stability is already in place: the...

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Home facts

  • Year built:1988
  • Listing ID #:970905
  • Added:136 day(s) ago
  • Updated:July 27, 2026 at 08:22 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,500 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1988
  • Building area:2,500 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:Brick

Schools

  • High school:Queens High School For The Sciences At York Colle
  • Middle school:Catherine & Count Basie Ms 72
  • Elementary school:Ps 161 Arthur Ashe School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,888
  • Price per sq. ft.:$599.96
  • Tax amount:$9,500 (2025)

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:1
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