RealtyLens
for saleRealtyLens property overview
$1,429,000

16701 116th Ave

Jamaica, NY, 11434
View more Jamaica, NY property pages
6Beds
5Baths
N/ASqft
N/A$/sqft

Listing Notes

Welcome to 167-01-116th Avenue! A newly constructed two family corner property nestled on a beautiful tree lined street of Jamaica. Featuring a wide driveway, two car garage and is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 2 bath rental unit which has the ability to generate $4,500/month to assist with mortgage payments. The owners unit is a 3 bedroom 2 bath as well, which can easily be used as a duplex with the high ceiling finished basement to create additional living/recreational space. Both units enjoy expansive sun drenched, modern, open concept living/dining areas which provide great space for entertaining. Elegant chefs granite kitchens equipped with floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances and island for bar stool seating. Spacious bedrooms with ample closet space. Primary suite with private en suite and much more! Must see to appreciate. Completed with all modern design and technology this newly constructed two family will for sure captivate you from the moment you arrive with its warm & welcoming energy. Ideal for primary home owners and savvy real estate investors alike. 167-01-116th Avenue is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Foch Blvd, Merrick Blvd, Guy R Brewer Blvd. Short blocks to JFK Airport, Belt Parkway, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.

Market Insights

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby median$620/sqft
Nearby properties8
Property sizeN/A
  • 8 nearby properties available for comparison.
  • Price history is limited, so current comps matter more than trend alone.
  • Square footage is missing, so valuation should lean more heavily on comps and condition.

Estimated Monthly Payment

Per month, all-in$9,392/mo

Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.

  • Principal & interest$7,606
  • Property tax (est.)$1,310
  • Home insurance (est.)$476

Property Read

FreshnessVerification recommended

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

Market Position8 nearby signals

Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.

Price MovementInitial price point

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

Diligence Read2 items to check
AI ReadinessNeeds verification
Assistant read

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Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
15 photos
Property type
multi family
Status
for sale
Last sold
Aug 8, 2005 · $448,450
Garage
2 spaces

Features & Amenities

Central AirForced AirNew ConstructionBasementGarage 1 Or MoreGarage 2 Or MoreGranite KitchenHigh CeilingRental PropertyEnsuiteChefs KitchenOpen ConceptParkShopping

Photos

Price History

May 7, 2026Initial record
$1,429,000for 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.