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8910 121st St, Richmond Hill, NY, 11418

3beds
2baths
1,344sqft
$799,000
$594price/sqft
$5,044/moest. monthly cost
$201,760/yrincome needed

About This Home

Rare Opportunity in Richmond Hill – Two-Family Home With Exceptional Potential. Proudly offered for the first time in over 50 years, this two-family residence presents a unique opportunity in the heart of Richmond Hill. Brimming with classic character, this long-standing home offers generous layouts, original details, and the solid foundation of a property that has been well cared for over decades. Ideal for investors, developers, or end users seeking a project, the home is a true fixer-upper with significant upside. Its flexible two-family configuration provides the potential for strong rental income or a customized multi-generational living setup. Perfectly positioned near major transportation options, shops, and neighborhood amenities, this property combines convenience with long-term investment value. With vision and renovation, this charming Richmond Hill home can be transformed into a standout asset. An exceptional opportunity to reimagine a classic property in a highly desirable Queens location.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

--
Ps 51Grades PK-10.2 mi
4/10
Richmond Hill High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Property

Details

  • Parcel number: 093470006
  • Special condition: Resale

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 $4,040$48,480
Home Insurance *$259$3,108
Property Taxes $499$5,988
Electricity $246$2,954
Total$5,044$60,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,937/yr
40% on housing$151,320/yr
45% on housing$134,506/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

$594This listing

vs Other Active Listings

Avg $/sqft

ZIP 11418$479
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
2026-03-13Price change$799,000
2025-12-01Listed for sale$849,000

For Sale by Agent

AgentPhilip Laffey
BrokerageLaffey Real Estate

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