83-84 116th Street

83-84 116th Street is a Co-op located in Kew Gardens, Richmond Hill. The building was first built in 1930 and is 94 years old. The lot that the building was built on is 123 feet wide and 135 feet long. The official lot area is listed as 16,625 square feet. The building itself is 122 feet wide and 91 feet long. In total, 83-84 116th Street has a total floor area of 66,600 square feet. Of that, 66,600 square feet are used for residential purposes. There are a total of 58 units. Of those, 58 are residential units. 83-84 116th Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 88 closings on record, of which we have matching data for 16 listings. In the past 3 years, a listing in this building will typically remain on the market for about 195 days and tend to sell below the original asking price of $248,500 by 1.77%. Meaning, listings tend to sell at a median of $354 price per square foot. The transaction that took the longest to complete was unit 4E, listed on Feb 10, 2023 for $269,900. This particular unit ultimately sold 306 days later for $246,000. The most recent transaction was for unit 4E, which was first advertised on Feb 10, 2023, sold for $246,000 on Dec 13, 2023. Fun fact, the oldest transaction we have on record took place on Apr 05, 1973. See the full transaction history for 83-84 116th Street below.

Kew Gardens, where 83-84 116th Street is located, has a median asking price of $324,900 for co-op buildings. Meanwhile, the building itself has a median asking price of $248,500. For interested buyers, that means the building's median asking price is around 0.24% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $348,000. It is a 2-bedroom and 1-bathroom unit.