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    10021 87Th Ave Jamaica, NY 11418

    For Sale
    $1,429,000

    Detached multifamily home in great condition, Richmond Hill, Queens.

    Lot size:
    0.11 Acres

    Property Features for 10021 87Th Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1910

    Source: YourHomeSold Guaranteed Realty Agent Steven Prashad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Hill Multifamily Home

    Located in the Richmond Hill section of Queens, this detached multifamily home is in great condition. The first floor features a large, open living room with a fireplace, high ceilings, and hardwood floors. The updated eat-in kitchen includes granite countertops. This level also contains four bedrooms, two full bathrooms, and access to an outside patio. The yard space is suitable for gatherings. The second floor includes a living room, bathroom, kitchen, and two bedrooms. There is a finished attic and basement with additional lodging. A one-car garage is present, along with a driveway that can accommodate three cars. The roof, gas boiler, and hot water tank are reported to be in good condition. The property is within walking distance of the train station, buses, shopping areas, and major highways.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.845864
    Latitude
    40.694324

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    FAQs

    What type of property is this?
    Multifamily property - Detached multifamily home in great condition, Richmond Hill, Queens.
    Where is this multifamily property located?
    The property is located at 10021 87Th Ave Jamaica, NY.
    What is the asking price?
    The asking price for this property is $1,429,000.
    What are key features of this property?
    This property features: - Detached multi-family home in great condition, offering potential rental income or multi-generational living.; - Updated eat-in kitchen with GRANITE COUNTERTOPS.; - Convenient location: walking distance to train station, buses, shopping areas, and major highways.
    (646) 208-8769
    Request Owner's contact information
    10021 87Th Ave Jamaica, NY 11418
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    Jamaica, NY 11418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10021 87Th Ave Jamaica, NY 11418
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