101-38 131st Street, South Richmond Hill, NY 11419
FOR SALE

101-38 131st Street
South Richmond Hill, NY 11419

South Richmond Hill
  • 5 Beds
  • 3 Baths
  • 1,700 sqft
  • 5 Beds
  • 3 Baths
  • 1,700 sqft

$835,000

Original price: $855,000
Est. Mortgage $5,055/mo*
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Local Information

map showing home location
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Commute Destination

Description

Great investment opportunity. Easy 46,000 income with existing tenants. Rents can be raised. No lease. A must see if you are in the market for an investment opportunity...more than 5% cap rate + potential for 6.5% cap rate. HOUSE IS BEING SOLD AS AN INVESTMENT.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$491
Listed
150 days ago
Last check for updates: 1 day ago
Listing by: East Coast Realty Partners LLC, (516) 236-7788
Lionel E Leconte Jr, (516) 236-7788
Source: OneKey® MLS, MLS#3518789

Home Details for 101-38 131st Street

Interior Features

Interior Details
Basement: Finished,FullNumber of Rooms: 10Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1700 Square Feet
Appliances & Utilities
Appliances: Hot Water: Gas Stand Alone, On Demand, Separate Hot Water Heater: No
Heating & Cooling
Heating: Natural Gas,Baseboard,SteamHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Gas & Electric
Gas: Separate Gas Meters: 1
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Private,Driveway
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 150

Property Information

Year Built
Year Built: 1920Year Renovated: 2010
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Condition: GoodParcel Number: 094980020

Price & Status

Price
List Price: $835,000Price Per Sqft: $491

Active Status

MLS Status: A

Location

Direction & Address
City: Richmond Hill South
School Information
Elementary School: Ps 121, Ps 161 Arthur Ashe School, Ps 55 MaureElementary School District: Queens 28Jr High / Middle School: Jhs 157 Stephen A HalseyJr High / Middle School District: Queens 28High School: Queens High School Sci At York CollHigh School District: Queens 28

Agent Information

Listing Agent
Listing ID: 3518789

Building

Building Area
Building Area: 1700 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2523 sqft

Compensation

Buyer Agency Commission: 1.5Buyer Agency Commission Type: %Sub Agency Commission: 1.5Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity

Rental

Owner Pays: Insurance

Miscellaneous

BasementMls Number: 3518789Sub Agency Relationship OfferedAttribution Contact: 516-236-7788

Additional Information

Mlg Can ViewMlg Can Use: IDX

Price History for 101-38 131st Street

DatePriceEventSource
01/08/2024$835,000PriceChange
OneKey® MLS #3518789
12/05/2023$855,000PriceChange
OneKey® MLS #3518789
11/29/2023$865,000Listed For SaleOneKey® MLS #3518789
01/05/2016$310,000Sold
OneKey® MLS #2656585

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Comparable Sales for 101-38 131st Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
101-35 131st Street, South Richmond Hill, NY
0.02
Multi-Family Home
$874,912
08/16/23
5
4
1,462
97-15 129th Street, South Richmond Hill, NY
0.16
Multi-Family Home
$980,000
12/29/23
7
4
2,050

What Locals Say about South Richmond Hill

  • Marcia Wills
    "Parking is a challenge. Also we have some neighbors who play music up to 4am in the morning. This has been an ongoing issue. I wish there could be a law against this and for them to get a heavy fine."
    0
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  • Trulia User
    "There aren’t any community events that make my neighborhood special, no block parties, no neighborhood or block association, just people with loud cars and music all times of the day and night"
    2
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  • Trulia User
    "Horrible on parking noisy people Apartments for rent not even worth the price due to no living room or bedrooms small barely any closet space bathroom are old outdated "
    0
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  • Trulia User
    "is a beautiful neighborhood for living and working, have a lot of stores around and the Casino. "
    1
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  • Trulia User
    "I see people walking their dogs all the time. Children feel safe to ride bicycles in the neighborhood and usually play in the summer. "
    2
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  • Trulia User
    "it is a good and wonderful community, I am interested in this apartment. please let me know if this apartment is available as soon as possible. I am super excited about this opportunity, please don't hesitate to respond to me and I'll be glad to to set up an appointment to see the apartment as soon as possible. I am happy with the community, it has all shopping assets and transportation, thank you. I have accepted this community for over 9 years now and I am looking forward to spending the most of my life here in South Ozone Park. "
    0
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  • Trulia User
    "Easy access to both bus and train stations which facilitate travel to all areas of Queens, Brooklyn, and NYC."
    0
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  • Trulia User
    "Trick or treating is one of the best event for this neighborhood, pagwah celebration is also very very big in this neighborhood "
    0
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  • Trulia User
    "There are nice families in the neighborhood. once you break the ice. The schools are new or updated and newer houses are being constructed constantly. The neighborhood has great potential. "
    0
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  • Victor Bonifacio
    "Peaceful but some neighbors think they own the neighborhood. Besides that it’s quiet, safe to walk at night and there a few stores around."
    0
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  • Trulia User
    "the are good neighbors and very friendly with the people's and also they pick up after they Dogs "
    0
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  • Trulia User
    "It’s an alright place for dog owners. Just clean up after them. Many people walk their dogs. It is a busy area."
    0
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  • Trulia User
    "The mixture of cuisines and cheap groceries especially vegetables and meat. The close proximity of buses, trains and taxis."
    0
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  • Trulia User
    "Lots of owners are as friendly as their dogs. Most pick up after their furry children and most young children are respectful of my dog. "
    0
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  • Trulia User
    "Close to all conveniences especially public transportation and shopping. Has good Chinese food as according to Guyanese taste. "
    0
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  • Trulia User
    "The commute to midtown is 45 min. To downtown 30 minutes. The A train is just 2 blocks from where I currently live. "
    0
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  • Trulia User
    "I don’t leave my house !The A train Lefferts and Liberty Ave stop is not safe. People are always mugging and robbing people and lots of fighting there."
    0
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  • Trulia User
    "Great access to the train, buses and taxis. Everything is just a walk away but it’s really congested, parking is impossible to find"
    0
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  • Trulia User
    "I lived in this neighborhood for 20 years and I don’t know my neighbors name. The people in this neighborhood are not friendly. "
    0
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  • Charles P.
    "Wish I had one to name. Everyone is to themselves and the neighborhood is turning into a dump. Every block I drive down has garbage on the street. A lot of people run the stop signs regularly.my wife and son can’t jog anymore due to almost getting hit by cars during the daytime."
    0
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  • Trulia User
    "We live in a safe neighborhood no gun violence or any danger for you or you’re kids , this area is perfect for raising you’re family "
    9
    Flag
  • Michelle J.
    "There are plenty of schools around here. plenty of children live around here. Diverse community. Plenty of space."
    3
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  • Annie R
    "There are cultural parades like Diwali and Holi. Many other events at nearby parks here and there. Toy drives and food drives during the holidays. "
    3
    Flag
  • Jjailall
    "Easily accessible to highways and public transportation. Train station is approximately 10 minutes or less away by car and bus stops are also around."
    2
    Flag
  • Tristan M.
    "You can go anywhere in new york from either bus stops or the train stations without any real issue and there’s always stores around "
    2
    Flag
  • Yankely E.
    "There are many dogs around here and are pretty friendly. It’s safe to walk with them and the streets are super clean. "
    3
    Flag
  • Tristan M.
    "There are block parties from time to time that last for hours and are a lot of fun to be around. The atmosphere is always lively during the day and usually calm at night."
    2
    Flag
  • Sohanchaturgoon
    "There isn’t anything to not like, the neighborhood is safe for everyone including their pets. Neighborhood is surrounded by peaceful and friendly people."
    2
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  • Vlyles06
    "There are a lot of schools in this neighborhood. There are many families that live here with young children. "
    0
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  • Vlyles06
    "I lived in South Richmond Hill for 20 years. I raised my children here and there was never an issue with race. I love the diversity and culture of the neighborhood. "
    21
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  • Rajesh
    "If they don’t pick up after your dog then someone will surely let them know. I am living in this Neighborhood for over 25 years and it sure have changed for the better. The people are very family oriented and keep their homes looking beautiful, The only issue is parking!!!"
    1
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  • Tatiana G.
    "It’s beautiful in this area. The stores are close. There is a park close to where I am. Everything is close. Public transportation I ain’t far. And it’s quiet."
    0
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  • Hugo R. R.
    "There isn’t much street parking. Irresponsable drivers flying through the streets. Not much policing. "
    0
    Flag
  • Vlyles06
    "I brought my home 20 years ago because of the diversity of people that live and work in this community which makes this neighborhood very unique. "
    16
    Flag
  • C.
    "Lots of yard parties and loud music in the summer. People tend to renovate their homes ostentatiously and in a way that does not suit the neighborhood’s aesthetic. "
    5
    Flag
  • Allishafowler49
    "I lived in this neighborhood for years and it’s really good here... nice people when they want to be .. you are welcome to be in this community "
    8
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  • john
    "it is a quiet neighborhood, I've never had any problems with my neighbors.............................."
    6
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  • Devica .
    "It’s not the most safest place to live but it depends on evict part of Richmond hill you’re living in "
    1
    Flag
  • Nalinihardowar
    "I live in the neighborhood for 1 years and every one is Friendly, grocery and shopping areas are very close, subway stations close by very quickly neighborhood love it"
    0
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  • Patroaz4ever
    "This is definitely NOT a good neighborhood to raise kids. There are a lot of drugs going on in this area."
    0
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LGBTQ Local Legal Protections

Lionel E Leconte Jr, East Coast Realty Partners LLC
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
101-38 131st Street, South Richmond Hill, NY 11419 is a 5 bedroom, 3 bathroom, 1,700 sqft multi-family built in 1920. 101-38 131st Street is located in South Richmond Hill, South Richmond Hill. This property is currently available for sale and was listed by OneKey® MLS on Nov 30, 2023. The MLS # for this home is MLS# 3518789.