RealtyLens
for saleRealtyLens property overview
$399,000

37-30 83rd St Unit 2M

Jackson Heights, NY, 11372
View more Jackson Heights, NY property pages
2Beds
1Baths
850Sqft
$469$/sqft

Listing Notes

Welcome to the Monterrey, a beautifully maintained and very desirable post-war cooperative with elevators, secure package room, keyless entry, upgraded intercom system in the heart of Jackson Heights around the block from the 7 train. Commuter and walker paradise next to ethnic restaurants, cafes, shops, salons, spas, ModernMD Urgent Care, Mount Sinai Medical, Duane Reade pharmacy, UPS, Fedex, banks, near Target, Elmhurst hospital, post office, police, fire stations, supermarkets, family owned groceries/pharmacies and the Sunday Farmer's Market at Travers Park. Experience ultimate convenience with close access to multiple transit options from the 74th street & Roosevelt avenue hub including the E, F, M, R subways, the Q23, Q29, Q32, Q33, Q47, Q49, Q53 and the free Q70 LaGuardia airport link express bus. Nestled between the Brooklyn Queens expressway and Grand Central parkway. Around 22 minutes non rush hour drive to LGA and 15 minutes to Manhattan by train! A live-in super keeps the building immaculate and safe. Wheelchair accessible and pet friendly with additional storage for items such as bikes and a locker for miscellaneous items are available. First floor commercial style laundry room, spacious and shared rooftop deck from April to November with a parking garage spot on a 6 month waitlist for $175 per month completes the amenities in this building. Monthly maintenance of $848.88 includes taxes, heat and water. For those who value flexibility, the board allows subletting after two years of ownership with approval.

Market Insights

Below nearby median-6.2%

$469/sqft vs a nearby median of $500/sqft.

Nearby median$500/sqft
Nearby properties12
Property size850 sqft
  • -6.2% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 850 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$427k$401k$453k · 78% confidence
vs ask $399k−$28k (−7.0%)

Asking price is about 7.0% below the fair value — likely to draw competing offers if it's still on market.

$500/sqft median across 7 tight comps × 850 sqft= $425k
  • Transit access+$17k +4.0%
  • Days-on-market gravity−$13k −3.0%
  • Visible condition issues−$2k −0.5%
Cumulative NYC adjustments+$2k+0.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-6.2% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
458 days
Last price change
No change recorded
Listed
Feb 8, 2025
Photos
21 photos
Property type
coop
Status
for sale
Last sold
Mar 25, 1988 · $5,388,000
Garage
1 space

Features & Amenities

Outdoor SpaceGarage 1 Or MoreElevatorMaintenanceMedicalcareShopping

Photos

Price History

May 4, 2026Initial record
$399,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.