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    Renovated Two-Family Home, Richmond Hill Title is generated by Realmo AI

    104-21 92nd Avenue, Richmond Hill, NY 11418

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    Claim this Listing
    For Sale
    $1,075,000

    MULTI_FAMILY - Colonial - Richmond Hill, NY

    Property size:
    2,320 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $463/SF
    Added:
    Aug 12, 2025
    Days on Market:
    321
    Last Refresh:
    Jun 28 at 5:06 am

    Property Features for 104-21 92nd Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Dining Room, Basement, Bedroom 5, Bedroom 2, Bedroom 4
    Interior features
    Eat-in Kitchen, Formal Dining
    Basement
    Full, Finished
    Standard status
    Active
    APN
    09311-0049
    Size
    2,320 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7174

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Colonial

    We can help!

    Contact an agent
    Mitra Hakimi

    Listing agent Mitra Hakimi License #49HA1019118

    Listing office Mitra Hakimi Realty Group LLC 62 Berkshire Rd, Forest Hills, NY

    Listing date Aug 12, 2025

    MLS# 900031 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Delivered Vacant: Ready for immediate occupancy or rental income.
    • Two New, Modern Eat‑in Kitchens (1 year old): Featuring granite countertops, stainless steel appliances, modern wood/high quality cabinets, and recessed lighting.
    • Meticulously Renovated: Includes new plumbing, new hot water heaters (1 year old), and updated bathrooms.
    • Finished Basement with Bathroom: Offers additional living space and versatility.
    • Two‑Family Residence: Ideal for multi‑generational living or rental income potential.
    • Convenient Location: Close to shopping, public transportation, houses of worship, and schools.

    Overview

    This meticulously renovated two-family residence is situated on a 20x100 lot (2,000 sq. ft.) with a 20x55 building size (2,320 sq. ft.) in a sought-after residential area. The first floor features a bright living room, an elegant formal dining room, a modern eat-in kitchen (1 year old) with wood cabinets, granite countertops, stainless steel appliances, and recessed lighting, two bedrooms, and an updated full bathroom, with access to a spacious private backyard. The second floor includes a generous living room, a formal dining room, a modern eat-in kitchen (1 year old) with high-quality cabinets, granite countertops, stainless steel appliances, and recessed lighting, three bedrooms, and an updated full bathroom. A finished basement with a bathroom provides additional versatility. The home is enhanced by hardwood floors, new kitchens, two 12-year-old boilers, two new hot water heaters (1 year old), new plumbing, two gas meters, two electric meters, and a skylight. The property is conveniently located close to shopping, public transportation, houses of worship, and schools. The property will be delivered vacant.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $107.2k $46.20
    − Vacancy −$4.1k −$1.76
    EGI $103.1k $44.44
    − OpEx −$46.4k −$20.00
    NOI $56.7k $24.44
    2,320 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $810.2K
    $708.9K – $945.2K (±1% cap)
    NOI $56,711 @ 7.0% cap · market cap 5.28%
    Second Best
    Multifamily LT 5
    $548.6K
    $480.0K – $640.0K (±1% cap)
    NOI $38,400 @ 7.0% cap · market cap 3.57%
    Theoretical Best
    Office A
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,723 @ 7.0% cap · market cap 11.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond Hill
    County
    Queens
    State
    New York
    Longitude
    -73.840974
    Latitude
    40.69207

    FAQs

    What type of property is this?
    Duplex - Meticulously renovated two-family residence in a sought-after location.
    Where is this duplex located?
    The property is located at 104-21 92nd Avenue Richmond Hill, NY.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: Delivered Vacant: Ready for immediate occupancy or rental income.; **Two New, Modern Eat‑in Kitchens (1 year old): Featuring granite countertops, stainless steel appliances, modern wood/high quality cabinets, and recessed lighting.**; Meticulously Renovated: Includes new plumbing, new hot water heaters (1 year old), and updated bathrooms.
    More about this property
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