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15-Unit Apartment Building

10327 114th Street, Richmond Hill, NY 11419

For Sale
$2,399,000

R6B-zoned multifamily property with updated electrical and plumbing and a new boiler system.

Property Size12,160 SF
Price / SF$197.29
Days on Market245

Property Features for 10327 114th Street

General Information

Standard status Active
Size 12,160 SF
Property subtype Commercial
Zoning R6B

Units

Unit Mix 14 x 1BR, 1 x 2BR
Multifamily Units 15

Taxes and HOA fees

Annual Taxes $78,660

Building Details

Building Size 12,160 SF
Year Built 1931
Units 15
Listing Agency: Elite Realty of USA Inc
Listed By: Chandar Persaud · License #NY10301219700
Source: Clairedleone
Added: Mar 9 Changed: Nov 7 Last Checked: Nov 7 at 5:31PM

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

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Investment Insights

Based on property information with market context.

This 15-unit apartment building contains fourteen one-bedroom apartments and one two-bedroom apartment. The property has 12,160 square feet and was built in 1931. Electrical and plumbing systems have been updated, and a new boiler system is in place.

The building is at 10327 114th Street in Richmond Hill, New York, off Liberty Avenue. It is zoned R6B.

Key Highlights

  • 15 apartments: fourteen 1‑bedroom units and one 2‑bedroom unit
  • 12,160 square feet; built in 1931
  • Updated electrical and plumbing

Property Analytics

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Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

3,363
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Queens County, NY

$604 Jul
$530 Aug
$537 Sep
$479 Oct

Properties on Market for Apartment buildings in Queens County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - R6B-zoned multifamily property with updated electrical and plumbing and a new boiler system.
Where is this apartment building located?
The property is located at 10327 114th Street Richmond Hill, 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: 15 apartments: fourteen 1‑bedroom units and one 2‑bedroom unit; 12,160 square feet; built in 1931; Updated electrical and plumbing
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