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Richmond Hill Multifamily Investment Property
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10327 114th Street, New York, NY 11419

Multifamily property in Richmond Hill with updated systems.

Property SizeContact for details
Days on Market168

Property Features for 10327 114th Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R6B
Net Operating Income $125,420

Building Details

Year Built 1931
Units 15
Listing Agency: Elite Realty of USA Inc
Listed By: Chandar Persaud · License #NY10301219700
Source: Crexi
Added: Mar 10 Changed: Aug 7 Last Checked: Aug 23 at 9:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Realty of USA Inc

Investment Insights

Based on property information with market context.

This multifamily property is located in Richmond Hill, off Liberty Avenue. The building contains 15 units: fourteen 1-bedroom apartments and one 2-bedroom apartment. The property is described as clean and well-maintained. Updates include electrical and plumbing systems, as well as a new boiler system. This property is presented as an investment opportunity.

Key Highlights

  • Great investment property in Richmond Hill off Liberty Ave
  • Fifteen families capacity with fourteen 1‑bedroom and one 2‑bedroom apartments
  • Updated electrical and plumbing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Skin Care Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,709
Businesses Nearby

Demographics for 11419, NY

47,430
Population
13,607
Households
3.5
Avg Household Size
39
Median Age
21%
College-Educated
73%
High-School Grad
1.1 sq mi
ZIP Area
43,118
Density / Sq Mi
$91,231
Median Household Income
$41,091
Median Earnings
$1,920
Median Rent
$678,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property in Richmond Hill with updated systems.
Where is this apartment building located?
The property is located at 10327 114th Street New York, NY.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Great investment property in Richmond Hill off Liberty Ave; Fifteen families capacity with fourteen 1‑bedroom and one 2‑bedroom apartments; Updated electrical and plumbing
(718) 551-9800 Call to check price and availability
More about this property
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