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86-12 123rd Street, Richmond Hill, NY, 11418

--beds
--baths
2,200sqft
$1,259,000
$572price/sqft
$7,924/moest. monthly cost
$316,960/yrincome needed

About This Home

Perfect opportunity for primary home with investment, center location only 2 blocks away from public transportation J, Z 121st station and a few blocks away walking distance to LIRR Kew Garden Station. 4br 1bath over 4br 1bath. Lot size 27x100 and building size 20x54.

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
62
BikeBikeable

Schools

--
Ps 51Grades PK-10.3 mi
4/10
Richmond Hill High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Other
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Basement: See Remarks

Features

  • Eat-in Kitchen
  • Attic: None

Heating & Cooling

  • Heating features: Steam
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,200
  • Total interior livable area: 2,200 sqft

Property

Details

  • Parcel number: 092760067
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,700 sqft
  • Lot size dimensions: 27 x 100

Parking

  • Total spaces: 1
  • Parking features: Private,Other
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,366$76,392
Home Insurance *$409$4,908
Property Taxes $786$9,432
Electricity $363$4,362
Total$7,924$95,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$271,680/yr
40% on housing$237,720/yr
45% on housing$211,306/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$572This listing

vs Other Active Listings

Avg $/sqft

ZIP 11418$478
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11418$564
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Price change$1,279,000
2026-03-28Price change$1,290,000
2026-03-06Price change$1,350,000
2024-10-07Listed for sale$1,250,000

For Sale by Agent

AgentLawrence Gao
BrokerageWinzone Realty Inc

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