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8732 114th Street, Richmond Hill NY 11418
8732 114th Street, Richmond Hill NY 11418
8732 114th Street, Richmond Hill NY 11418
8732 114th Street, Richmond Hill NY 11418
8732 114th Street, Richmond Hill NY 11418
New York>Queens>Richmond Hill

8732 114th StreetRichmond Hill, NY 11418

For Sale

$1,399,000

Smart Buyer Rebate $17,488

87-32 114th St, Richmond Hill, NY Asking: $1,400,000 Prime investment opportunity in the heart of Richmond Hill! This fully brick 6-family building offers strong income and long-term upside potential. The property generates $125,741 in annual rental income with only $46,487 in yearly expenses, making it an attractive asset for both seasoned and new investors. Featuring 2 free market units, this building provides immediate potential for increased cash flow and future rent growth. Well-maintained and solidly built, this property benefits from its full brick construction, offering durability and lower maintenance over time. Conveniently located near transportation, shopping, and major corridors, ensuring consistent tenant demand. Property Highlights: 6 Residential Units 2 Free Market Units (Upside Potential) Full Brick Construction Annual Income: $125,741 Annual Expenses: $46,487 Strong Cash Flow Opportunity Perfect for investors looking to secure a stable, income-producing property in a high-demand Queens neighborhood.

Listed by Kelvin Mohan

·

Park Assets Real Estate Corp

·

718-684-8000

Last updated March 31, 2026

·

Source: OneKey #977741

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond Hill
  • Days on Prevu7
  • Taxes$24,233.64/year

Location

Mortgage Calculator

Listing History

03/28/2026
Listed by Park Assets Real Estate Corp
$1,399,000

Estimated Closing Costs

Total
$51,330
Attorney Fees
$4,000
NYC Mansion Tax
$13,990
Title Insurance
$6,296
Bank Attorney
$1,500
Mortgage Recording Tax
$21,544
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,399,000 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 8732 114th Street

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Year Built: 1930
  • Construction Materials: Brick

Measurements

  • Building Area Total: 4,800
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,500

Financial

Taxes

  • Parcel Number: 09303-0019
  • Tax Annual Amount: $24,233.64
  • Tax Assessed Value: $241,650.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Full
  • Has Basement: Yes

Utilities

Equipment

  • Cooling: Separate Meters
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 8732 114th Street.

What are the annual taxes for 8732 114th Street?

Annual taxes for this multi-family home are estimated at $24,233.

How does 8732 114th Street compare to other multi-family homes in Richmond Hill?

This multi-family home is listed 21% above the average price for multi-family homes in Richmond Hill and has been on the market for 110 less days than the typical home in this area.

8732 114th Street is a -bedroom multi-family home for sale in Richmond Hill NY 11418. On Prevu for 7 days at $1,399,000. This property is located in Richmond Hill. The median listing price for multi-family homes in this area is $949,999. Browse 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.