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89-50 127th Street

$10,500,000

MLS# RLS20067554 · Richmond Hill

Listed January 18, 2026 · 299 days on the market

0 Beds 0 Baths 26,000 Sq.Ft.

About This Property

CARINIGROUP has been exclusively retained to sell this unique property:

- 20,000 SF of Warehouse + 6,000 SF Office Space approximately

- 2 Loading Docks with direct access to Warehouse space (extremely rare to find in this area)

- Property well maintained and kept in excellent condition

- Ability to build one additional floor, subject to architectural plans

- Excellent location: 5 minutes to the Van Wyck, 10 minutes to the Belt Parkway, 10 Minutes to JFK Airport & 15 minutes to La Guardia, close proximity to Subway system

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Carini Group LLC.

About 20,000 square feet of warehouse and 6,000 square feet of office sit on this Richmond Hill site, with two loading docks that open directly onto the warehouse space. Direct dock access to the warehouse is the kind of setup that makes receiving and shipping easier to run day to day, and it's the first thing I'd look at when deciding how the space works for you.

The listing describes the property as well maintained and in excellent condition. I'd walk the warehouse and office together to see how the two split the floor, since that division will shape how much flexibility you have.

The listing also notes the ability to build one additional floor, subject to architectural plans. If that matters to your plans, it's worth bringing an architect in early to test what the plans would allow.

Access is a strong part of the case. The property sits about 5 minutes from the Van Wyck, about 10 minutes from the Belt Parkway, about 10 minutes from JFK and about 15 minutes from LaGuardia. For anyone commuting by train, the J and Z at 121 St are about 9 minutes on foot and the E at Jamaica-Van Wyck is about 11 minutes. Phil Rizzuto Park is about 5 minutes away, and Little Town Coffee Shop, a diner, is about 3 minutes on foot.

Quick answers+

Does the property have loading docks?

Yes. It has two loading docks with direct access to the warehouse space.

Is there office space in the building?

Yes. The property includes about 6,000 square feet of office space alongside about 20,000 square feet of warehouse space.

Can an additional floor be built?

The property has the ability to build one additional floor, subject to architectural plans.

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$63,511 / month

  • Principal and interest$53,094
  • Property taxes$10,417

Due at closing

  • Down payment (20%)$2,100,000
  • NYS “mansion tax” (3.25%)$341,250
  • Mortgage recording tax (1.925%)$161,700

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

Location & Nearby

Map

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89-50 127th Street

Subway

  • JZ121 StAbout 9 min walk
  • EJamaica-Van WyckAbout 11 min walk · Accessible

Parks

  • Phil "Scooter" Rizzuto ParkAbout 5 min walk

Public schools · Elementary schools

  • P.S. 54 HillsideAbout 9 min walk
  • P.S. 55 MaureAbout 12 min walk
  • P.S. 161 Arthur Ashe SchoolAbout 14 min walk

High schools

  • Epic High School - NorthAbout 13 min walk
  • Richmond Hill High SchoolAbout 16 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

Listing Courtesy of Carini Group LLC

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RLS: Real Estate Board of New York Residential Listing Service

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