See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

116-17 Grosvenor Ln #2C, Richmond Hill, NY, 11418

1beds
1baths
619sqft
$495,000
$800price/sqft
$3,217/moest. monthly cost
$128,680/yrincome needed

About This Home

Sponsor Unit Residence 2C is a bright, south-facing sponsor unit featuring a spacious one-bedroom, one-bathroom layout. The open-concept living and dining area is filled with natural light and offers access to a highly desirable private outdoor space directly off the living room. The oversized bedroom boasts large windows and ample closet space. A private storage unit is also included. Located on a quiet, tree-lined street, Garden Lane is a boutique condominium offering refined living in the heart of Kew Gardens. This residence benefits from low monthly maintenance and attractive real estate taxes, making it an excellent opportunity for both homeowners and investors. The building features modern finishes throughout, a landscaped rooftop terrace, fitness center, resident lounge, bicycle storage, private storage, on-site laundry facilities, and a virtual doorman system. Kew Gardens is renowned for its peaceful, residential charm while offering exceptional convenience. Residents enjoy easy access to the Long Island Rail Road, E and F subway lines, and the Q38 bus, providing seamless connectivity throughout Queens and Manhattan. With Forest Park, local shops, restaurants, and everyday amenities just moments away, Garden Lane offers the perfect balance of tranquility, accessibility, and modern living.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

8/10
Ps 56 Harry EichlerGrades 2-50.5 mi
4/10
Richmond Hill High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 2021

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 619
  • Total interior livable area: 619 sqft

Property

Details

  • Special condition: Sponsor Unit

Features

  • Has view: Yes
  • View description: Garden,Skyline

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
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
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 $2,502$30,024
Home Insurance *$160$1,920
Property Taxes $309$3,708
Electricity $246$2,954
Total$3,217$38,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,297/yr
40% on housing$96,510/yr
45% on housing$85,786/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

$800This listing

vs Other Active Listings

Avg $/sqft

ZIP 11418$483
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
2024-08-08Listed for sale$495,000
2023-09-19Listing removed--
2023-09-14Listing removed--
2023-08-31Listed for rent$2,500
2023-07-18Listed for sale$495,000
2022-06-08Listing removed--
2022-03-02Price change$495,000
2022-03-01Price change$649,000
2022-01-13Listed for sale$495,000

For Sale by Agent

AgentDaniela Petix-Gaudino
BrokeragePolaris Property Group

Similar Homes