Milton Coste

Corredor Asociado de Bienes Raíces Licenciado

View in English (917) 416-7433

Richmond Hill

Queens · New York, NY

6 active listings · Median $775K

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Pulso del Mercado — Richmond Hill

What defines this market

A rental-heavy submarket with softening rents and sale values below the 5-year high.

Best for

value buyers

Median asking rent in Richmond Hill is $2,250/month, $600 below the 5-year high set in dic 2024. Rents are down -18.9% year over year and +18.4% over the past 5 years. Median sale price stands at $775K, 15.5% below the 5-year high recorded in ene 2023. Sale prices are down -6.1% year over year.

Rental snapshot

  • Median asking rent: $2,250/month ($600 below the 5-year high in dic 2024)
  • Year-over-year rent change: -18.9%
  • 5-year rent change: +18.4%
  • Active rental listings: 11

For-sale snapshot

  • Median sale price: $775K (15.5% below the 5-year high in ene 2023)
  • Year-over-year sale price change: -6.1%
  • Active for-sale listings: 12 (-20.0% YoY)
  • Active listings with a price cut: 22.2%
  • Recent monthly closed sales: 6

Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.

Fuente: datos de mercado de StreetEasy, hasta mar 2026.

Acerca de Richmond Hill

Richmond Hill features a mix of high-rise residential buildings and mixed-use retail structures. The area is served by major subway lines and complemented by ample local parks. Established community landmarks anchor the geography, offering varied housing types throughout the region.

Datos Rápidos

MunicipioQueens
Códigos Postales11418, 11419
MetroBus service
Tipos de EdificiosMixed

Transporte, Escuelas y Viaje al Trabajo

Líneas de Metro:

Estaciones: Servicio de autobús disponible


Informe de Mercado

Datos en vivo de REBNY/RLS. Actualizado cada 15 minutos.

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-18.9% YoY
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Condo: --Co-op: --Otro: --

Precio por Habitación

Basado en listados activos en Richmond Hill

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Listados Activos

Propiedades en Richmond Hill

Aviso REBNY/RLS: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Vecindarios Cercanos

Richmond Hill Property Type Pages

Why Work With Milton in Richmond Hill

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

Active in Queens

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Richmond Hill buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reseñas

"Milton hizo que todo el proceso de compra fuera perfecto. Su conocimiento del mercado local y habilidades de negociación nos ahorraron miles. Altamente recomendado para cualquiera que busque en Upper Manhattan."

JR
Comprador Verificado
Reseña de Google

"Vendimos nuestro co-op en tiempo récord gracias a la estrategia de marketing de Milton. Fotografía profesional, recorrido virtual y anuncios digitales dirigidos trajeron múltiples ofertas dentro de la primera semana."

MC
Vendedor Verificado
Reseña de Zillow

Map

Frequently Asked Questions about Richmond Hill

The median sale price in Richmond Hill is $775K. Sale prices are down 6.1% year over year.

No. The median sale price in Richmond Hill is currently 15.5% below the 5-year high recorded in January 2023. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Roughly 6 homes change hands each month in Richmond Hill across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Richmond Hill is $2,250/month. Rents are down 18.9% year over year.

Median asking rent in Richmond Hill is currently $600 below the 5-year high set in December 2024. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Median asking rent in Richmond Hill has risen 18.4% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Richmond Hill, median sale prices range across Woodhaven at $813K, South Richmond Hill at $770K, Briarwood at $325K, Kew Gardens at $260K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Richmond Hill is served by the Bus service. The commute to Midtown Manhattan runs roughly 134 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Richmond Hill, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].

Cómo Puedo Ayudarle en Richmond Hill

Milton Coste, Licensed Associate Broker

Milton Coste

Corredor Asociado Licenciado

Keller Williams NYC · NY #10301213304

Más de 25 años de experiencia y más de 2,000 transacciones cerradas en NYC. Ya sea que esté comprando, vendiendo o alquilando en Richmond Hill, lo guiaré en cada paso del camino.

I speak English

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