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10138 131st StreetRichmond Hill S., NY 11419

For Sale

$999,000

Smart Buyer Rebate $12,475

Investor opportunity in the heart of South Richmond Hill! 10138 131st Street is a fully income-producing duplex offering strong cash flow, making it an excellent addition to an investment portfolio. This property presents an ideal setup for investors seeking immediate rental income with future upside potential.

Configured as a legal 2-family residence, the first level features a spacious 2-bedroom, 1-bath layout, while the second level offers a generous 3-bedroom, 1-bath apartment. Both units provide practical layouts with well-proportioned living spaces and ample natural light throughout. The property includes 3 electric meters, offering convenience for separate utilities and streamlined management.

The home has been maintained in good overall condition and offers strong long-term value in a desirable Queens location. Whether you are expanding your real estate portfolio or seeking a multi-unit income-producing property with solid returns, this is an opportunity not to be missed. Conveniently located near shopping, restaurants, schools, parks, major roadways, public transportation, and neighboring communities, providing tenants with easy access to everyday essentials and commuting options.

Listed by Anjely Bisai

·

Redfin Real Estate

·

631-337-8238

Last updated May 31, 2026

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Source: OneKey #997778

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond Hill
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu36
  • Taxes$6,523.2/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/11/2026
Listed by Redfin Real Estate
$999,000

Estimated Closing Costs

Total
$29,380
Attorney Fees
$4,000
Title Insurance
$4,496
Bank Attorney
$1,500
Mortgage Recording Tax
$15,384
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $999,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 10138 131st Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1920
  • Construction Materials: Brick, Vinyl Siding

Measurements

  • Building Area Total: 1,446
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,523

Financial

Taxes

  • Parcel Number: 09498-0020
  • Tax Annual Amount: $6,523.20
  • Tax Assessed Value: $46,560.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Vinyl
  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: Driveway

Schools

Elementary School

  • Elementary School: Ps 55 Maure
  • Elementary School District: Queens 28

High School

  • High School: Queens High School For The Sciences At York Colle
  • High School District: Queens 28

Middle or Junior School

  • Middle Or Junior School: Jhs 157 Stephen A Halsey
  • Middle Or Junior School District: Queens 28

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas, Steam
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 2 bathrooms in this multi-family home at 10138 131st Street.

What schools are nearby to 10138 131st Street?

Nearby schools include the Ps 55 Maure Elementary School, Jhs 157 Stephen A Halsey Middle School, and Queens High School For The Sciences At York Colle.

What are the annual taxes for 10138 131st Street?

Annual taxes for this multi-family home are estimated at $6,523.

How does 10138 131st Street compare to other multi-family homes in Richmond Hill?

This multi-family home is listed 14% below the average price for multi-family homes in Richmond Hill and has been on the market for 81 less days than the typical home in this area.

10138 131st Street is a 5-bedroom, 2-bath multi-family home for sale in Richmond Hill S. NY 11419. Available on Prevu for 36 days at $999,000. This residence is located in Richmond Hill. The median listing price for multi-family homes in this area is $949,999. Nearby schools include Ps 55 Maure Elementary School, Jhs 157 Stephen A Halsey Middle School, and Queens High School For The Sciences At York Colle. Additional amenities include parking. Explore more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.