11614 Bessemer Street, Richmond Hill, NY 11418

11614 Bessemer Street, Richmond Hill, NY 11418

$985,000 · 5 bed · 3 bath · 1,656 sq ft · built 1925 · MLS# 1011387 · Active

Great opportunity to own this well-maintained 2-family home in Richmond Hill! Perfect for homeowners looking to generate additional rental income or for investors seeking a solid investment property. The property features a private driveway that can accommodate up to 4 cars, a highly desirable feature in the area. First Floor: 2 spacious bedrooms, living room, kitchen, and full bathroom. Second Floor: 3 bedrooms, living room, kitchen, and full bathroom. Finished Basement: Separate entrance, offering additional finished space with endless possibilities. Whether you’re looking to live in one unit and collect…

Two-to-three-family homes in ZIP 11418 sold for a median of $925,000 (typically $855,000–$1,180,000) across 28 recorded sales between Oct 10, 2025 and Sep 15, 2026, down 5.6% on the 12 months before.

At about $6,691 a year, this home's property tax is in line with the roughly $7,000 typical for ZIP 11418. Exemptions such as STAR, Senior or Veteran change what is actually billed, so a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded Queens sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 7:30 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Richmond Hill Market Trend

Richmond Hill's market has been notably consistent over the past 2 years: monthly median sale prices have stayed between $587K and $1.04M, centering around $845K, without a sustained move in either direction. Homes here have lately been going under contract in roughly 70 days. It's also worth noting that the roughly $820K blended median combines very different property types, so it may not describe any single one: of 163 recent sales, single-family made up the largest share at about 45% with a median near $780K, multi-family (2-4 family) about 37% near $963K, co-ops about 10% near $275K, condos about 7% near $443K. Because multi-family (2-4 family), though not the most common, is priced far enough from the rest to pull the blend up, the blended figure tends to sit above the single-family median rather than below it — so a typical single-family house has tended to sell closer to $780K, roughly $40K under the headline number, even though the much lower-priced co-ops in the mix pull the other way but at about 10% are too small a share to offset that lift. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.

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