NY
Queens
Richmond Hill
11418
8732 114th Street
8732 114th Street, Richmond Hill, NY 11418
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Listing Type
Multi Family
Listing Status
Active
6
$1,399,000

Home Details for 8732 114th Street

Price
$1,399,000
Type
Residential Income
Year built
1930
Lot size acres
0.0574
County
Queens
Basement
Full
MLS Listing#
977741
Property Description

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. Contact Kelvin Mohan for more details or to schedule a showing.

Property Features
  • Parking
    • No Garage
    • None
  • Cooling Information
    • Separate Meters
  • Heating Information
    • Oil
  • Water Features
    • Public
  • Utilities
    • Electricity Available
  • Basement
    • Full
Listing Courtesy: Park Assets Real Estate Corp - 718-684-8000
Presented by: Kelvin Mohan
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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EXIT REALTY DKC
3825 East Tremont Ave, Bronx, NY 10465
Justin Simmons
Associate Broker
Office
718 676 1371
Agent
917 254 2103
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