89-10 121st Street, New York City, NY 11418
Listing Courtesy of Laffey Real Estate NYC LLC
$849,000
Potential Rebate: $12,735
Overview
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.
Home Features
- •Central Air
- •Natural Gas
- •See Remarks
Estimated Monthly Payment
$4,373 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,735
Monthly savings impact
$35/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Laffey Real Estate NYC LLC
Data Source: TRESTLE #RLS20061710
Price Analysis
Compare average listing prices and value metrics for 89-10 121st Street against the surrounding Richmond Hill market.
Average List Price
Price Per SqFt
7.94% Lower
than the Richmond Hill price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Richmond Hill
Overview of Richmond Hill
Richmond Hill is famous for being "Little Guyana". It is a vibrant, bustling neighborhood known for its incredible Indo-Caribbean culture and food. For buyers seeking Richmond Hill Queens real estate, it offers spacious Victorian homes.
Living in Richmond Hill is aromatic. The scent of curry and spices fills the air on Liberty Avenue. As a Queens NYC neighborhood, it is culturally rich.
Real Estate & Housing Market
The market for homes for sale in Richmond Hill features large, detached Victorian houses, many converted to multi-family use.
Lifestyle & Community
The lifestyle in Richmond Hill is lively. "Little Guyana" on Liberty Ave is famous for its food and festivals.
Transportation & Accessibility
Richmond Hill is served by the J and Z trains, and the A train nearby.
Parks, Schools & Amenities
Forest Park forms the northern border, providing massive green space.
Amenities: The Phagwah Parade is one of the largest vibrant celebrations in the city.
Who This Neighborhood Is Best For
Richmond Hill is best for lovers of Victorian architecture and West Indian culture.
