The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$215,000
83-15 116th St Unit 3E
Richmond Hill, NY, 11418
View more Richmond Hill, NY property pages1Beds
1Baths
700Sqft
$307$/sqft
Market Insights
Below nearby median-21%
$307/sqft vs a nearby median of $386/sqft.
Nearby median$386/sqft
Nearby properties7
Property size700 sqft
- -21% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 700 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$259k$234k – $284k · 42% confidence
vs ask $215k−$44k (−20.5%)
Asking price is about 20.5% below the fair value — likely to draw competing offers if it's still on market.
$386/sqft median across 5 tight comps × 700 sqft= $270k
- Visible condition issues−$7k −2.5%
- Transit access−$4k −1.5%
Cumulative NYC adjustments−$11k−4.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 29 days
- Last price change
- No change recorded
- Listed
- Apr 13, 2026
- Photos
- 10 photos
- Property type
- coop
- Status
- for sale
Photos
Price History
May 4, 2026Initial record
$215,000for sale