Richmond Hill Two Family Investment | Near Van Wyck & Highways

Richmond Hill Multi-Family Property Hits the Market

A multi-family property located at 87-30 114th Street in Richmond Hill, New York, has been listed for sale for $929,000, according to real estate listings. The building, constructed in 1930, sits on a 2,500 square foot lot.

The listing, found on realmo.com, presents an investment opportunity in a neighborhood currently experiencing demand for multi-family homes. According to homes.com, there are currently 44 multi-family homes for sale in Richmond Hill as of February 17, 2026.

The property’s location offers proximity to the Van Wyck Expressway and the Conduit, as well as the Belt Parkway, potentially appealing to commuters and investors seeking convenient access to major transportation routes. Further details regarding the building’s configuration – number of units, square footage per unit, and potential rental income – were not immediately available.

The 11415 zip code, which encompasses Richmond Hill, is described as “supremely walkable” with a Walk Score of 93, according to Redfin data. The area is home to approximately 20,479 people and 4,227 jobs. Multi-family units represent a portion of the housing stock, with 6 such units sold in the area last month, alongside 75 condos, 1 townhouse, and a larger number of single-family homes.

The median listing price for multi-family homes in the 11415 zip code is currently $1.6 million. Properties in this area typically remain on the market for approximately 193 days. Redfin notes that some listings are designated as “Hot Homes,” indicating a higher likelihood of a quick sale.

Elsewhere in the New York metropolitan area, the town of Fishkill, New York, is being recognized for its community atmosphere. Van Wyck Glen, a neighborhood within Fishkill, has been identified as the “#1 friendliest neighborhood to live in Fishkill, NY,” according to data compiled by Nextdoor. The neighborhood is described as peaceful and family-friendly, boasting well-maintained homes, a community pool, and a playground. Residents enjoy easy access to shopping centers and major highways.

The Van Wyck Glen neighborhood has an average income of $107,000, an average age of 51, and is 68% homeowners. A recent post on the Van Wyck Glen Nextdoor page indicated a resident seeking assistance with selling items, including clothes and shoes, for a commission. Another post alerted neighbors to a gas smell near the Planet Fitness in Fishkill, prompting an evacuation.

In Fishkill, Toll Brothers is currently developing The Townhomes at Van Wyck Mews, offering luxury townhomes with features such as home offices, outdoor living spaces, and access to a community pool, and clubhouse. Lawn care and snow removal are included in the homeowner’s association fees. The development is conveniently located near I-84 and the Taconic State Parkway, with access to the Beacon Metro North Train Station.

The Richmond Hill property at 87-30 114th Street represents a different type of investment opportunity – a pre-existing multi-family building in an established neighborhood, rather than a new construction development. The listing does not specify the current condition of the property or any potential renovation needs.