9440 121st Street, South Richmond Hill, NY 11419

South Richmond Hill
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
9440 121st Street,Richmond Hill S., NY 11419
$1,450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: harnoor bhullar ahwd mrp, raman p. singh bindra
Office: property professionals realty
MLS#:970905
Source:OneKey MLS

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Price summary

  • Price:$1,450,000

About this home

Introducing a rare investment opportunity in the heart of South Richmond Hill — an all-brick, legal 3-family residence situated in one of Queens’ most dynamic and fast-appreciating neighborhoods. South Richmond Hill has been experiencing a surge in property development, with values steadily climbing and rental demand consistently outpacing supply. This property offers investors both immediate cash flow and long-term equity growth in a thriving market. The building spans approximately 2,500 sq ft and delivers a strong, reliable rent roll of over $11,000 per month (annual gross income of roughly $132,000). Each of the three floors features a minimum of 4 bedrooms and 2 bathrooms, along with spacious living areas and kitchens, making them highly attractive for long-term tenants. Adding to the value, the basement is fully finished with its own private entrance, providing excellent flexibility for storage, recreation, or additional income potential. Stability is already in place: the...

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Home facts

  • Year built:1988
  • Listing ID #:970905
  • Added:210 day(s) ago
  • Updated:October 09, 2026 at 08:00 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Finished

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1988
  • Construction Materials:Brick

Schools

  • High school:Queens High School For The Sciences At York Colle
  • Middle school:Catherine & Count Basie Ms 72
  • Elementary school:Ps 161 Arthur Ashe School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$9,500 (2025)

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:1
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