Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
89-50 127th Street
Interested in this property?
Active For Sale Mixed Use

$10,500,000

$404 per sq ft

89-50 127th Street

Richmond Hill, Queens

MLS® #RLS20067554

RLS at REBNY

Listing by Carini Group LLC

Studio

0

Bath

26,000

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 26,000 sq ft
Lot Size 25,520 sq ft
Year Built 1900
Ownership None
Property Taxes $125,004/yr
Neighborhood Richmond Hill

Property Highlights

  • Character: Pre-war building (1900)

Property Details

Type Mixed Use
Ownership None
Total Rooms 2
Baths 0 Full
Heating None
Pets Yes
Year Built 1900
Living Area 26,000 sq ft
Structure Type None
Furnished Unfurnished
Lot Size 25,520 sq ft
Block/Lot 09353/0019

Listing History

Event Date Price Change
Listed Jan 18, 2026 $10,500,000 -
Currently May 4, 2026 $10,500,000 -

Description

CARINIGROUP has been exclusively retained to sell this unique property:

- 20,000 SF of Warehouse + 6,000 SF Office Space approximately

- 2 Loading Docks with direct access to Warehouse space (extremely rare to find in this area)

- Property well maintained and kept in excellent condition

- Ability to build one additional floor, subject to architectural plans

- Excellent location: 5 minutes to the Van Wyck, 10 minutes to the Belt Parkway, 10 Minutes to JFK Airport & 15 minutes to La Guardia, close proximity to Subway system





Features & Amenities

Interior Features

Building None None

Building Information

Financial Details

RE Taxes $125,004/yr ($10,417/mo)

Richmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.

Richmond Hill Live Market Data

View Neighborhood

Active Listings

4

Median Asking Price

$899K

Median $/Sqft

$473

Avg Days on Market

N/A

New This Week

0

Price Reduced

25%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/4/26, 6:50 AM EST

Recently Sold in Richmond Hill

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Location

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89-50 127th Street, Richmond Hill, Queens County

Floor Plans

Floor Plan 1

Floor Plan

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
1
Floors
M1-1
Zoning District

Tax & Assessment

Assessed Value: $1,093,500
Land Value: $287,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 25,520 SF
Building Area: 23,500 SF
Built FAR: 0.92

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $125,004, or roughly $10,417 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 26,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $10,500,000 for 26,000 sq ft, the asking price per square foot is approximately $404. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20067554
First Listed: 1/18/2026
On Market: 1/18/2026
Price Changed: 1/18/2026
Contract Date: 1/18/2026

Listing Courtesy of Carini Group LLC - ALEX CARINI

Listing Contact: (917) 833-4388

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 10:50 AM UTC

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