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Queens / Richmond Hill / 11418

87-24 115 STREET

Boro4
Block9304
Lot11
BBL4093040011
Class D1
Residential units
60
Units in total
60
Storeys
6
Year built
1938
Last alteration on file
-
Recorded transfers
4 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
1 Aug 2024$773,499-APARTMENT BUILDINGRPTT
14 Jun 2023$8,690,591-APARTMENT BUILDINGRPTT&RET
31 Oct 2019$10,983,691-APARTMENT BUILDINGRPTT
1 Mar 2007$8,100,000-APARTMENT BUILDINGDEED
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20241$773,499--
20231$8,690,591--
20191$10,983,691--
20071$8,100,000--
02

The building on the lot

Section through the lot

LOT 17,500 SQ FT6
Drawn from PLUTO: 6 storeys, 65,976 sq ft of building on 17,500 sq ft of lot, an average floor plate covering 63% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
17,500 sq ft
Building area
65,976 sq ft
Residential area
65,976 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.77
Residential FAR permitted
3
Zoning district
R6A
03

Assessment

Assessed land value
$590,850
Assessed total value
$2,312,100
Exempt value
$0
Assessed per residential unit
$38,535

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Richmond Hill
ZIP code
11418
Community district
Queens 9
Council district
29
Coordinates
40.697975, -73.834022
05

Other buildings in Richmond Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
129-01 JAMAICA AVENUED111720120-
84-10 101 STREETR287189098$374k
109-10 PARK LANE SOUTHD37719290-
86-03 102 STREETD473192738$193k
127-03 JAMAICA AVENUED16520120-
84-05 108 STREETD15919312-
87-60 113 STREETD15819330-
86-10 109 STREETD454192865$209k
84-06 109 STREETD74819310-
85-18 118 STREETD14819590-
85-55 115 STREETC14519310-
87-86 116 STREETC14319311-

Every building on file in Richmond Hill