RealtyLens
for saleRealtyLens property overview
$999,999

103-12 113th St

Richmond Hill South, NY, 11419
View more Richmond Hill South, NY property pages
3Beds
2.5Baths
1,710Sqft
$585$/sqft

Listing Notes

Welcome to 103-12 113th Street, nestled in the heart of vibrant South Richmond Hill. A well-maintained, fully occupied two-family home that blends reliable income with long-term potential. Currently generating $7,500 per month, this property offers immediate cash flow and built-in stability, with Unit 1 leased through December and Unit 2 through October. Whether you're an investor seeking dependable returns or a future owner-occupant planning ahead, this home presents a wonderful opportunity with flexibility for the years to come. Inside, the home features separate mechanical systems, providing added efficiency and ease of management for both units. Step outside and you'll find a private backyard, a welcoming space perfect for relaxing evenings, weekend gatherings, or simply enjoying a quiet moment outdoors. The private driveway adds everyday convenience an invaluable feature in Queens. The functional basement offers additional space ideal for storage, recreation, or future possibilities. Ideally located near shopping, restaurants, and major transportation, this home places you right in the center of a lively and convenient neighborhood. Combining strong income potential with the warmth of a well-connected community, 103-12 113th Street is not just a smart investment; it's a property you can truly feel confident and proud to own.

Market Insights

Below nearby median-5.2%

$585/sqft vs a nearby median of $617/sqft.

Nearby median$617/sqft
Nearby properties12
Property size1,710 sqft
  • -5.2% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,710 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.07M$986k$1.16M · 58% confidence
vs ask $1,000k−$74k (−7.4%)

Asking price is about 7.4% below the fair value — likely to draw competing offers if it's still on market.

$598/sqft median across 7 tight comps × 1,710 sqft= $1.02M
  • Transit access+$41k +4.0%
  • Pre-war character+$26k +2.5%
  • Virtually staged−$10k −1.0%
  • Visible condition issues−$5k −0.5%
Cumulative NYC adjustments+$51k+5.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-5.2% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
57 days
Last price change
No change recorded
Listed
Mar 16, 2026
Photos
21 photos
Property type
single family
Status
for sale
Last sold
Aug 17, 2005 · $440,000
Garage
2 spaces

Features & Amenities

BasementGarage 1 Or MoreGarage 2 Or MorePrivate BackyardEfficientDenShopping

Photos

Price History

May 4, 2026Initial record
$999,999for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.