7 months on rocket

89-02 171st St, Jamaica, NY, 11432

$15,000,000

3 Bedrooms
2 Full Baths
1,584 SqFt
$9,470/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingPrivate, Detached, 1 Car Detached, Garage
Garage1 space
Year Built1920
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3544396
Lot Size0.05 Acres
StatusActive
(A)

About 89-02 171st St

We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood.Property Highlights:Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development.Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments.Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area.Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Living Area: 1,584 SqFt

Listing Office:

  • Office Name: Karten Real Estate Svcs LLC
  • Office Phone: (929) 605-5545

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Private, Detached, 1 Car Detached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Corner of 89th Avenue and 171st Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,000,000
  • Price Per SqFt: $9,470/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

89-02 171st St vs New York

223 DAYS ON ROCKET

+139 Days

$15,000,000

+$14.1M More

$9,470/SqFt

+$8.8K More

KEY TAKEAWAY

This property is $14.1M more than the Median Sold Price and $8.8K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3544396

Listing Office:

  • Office Name: Karten Real Estate Svcs LLC
  • Office Phone: (929) 605-5545

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

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 10:56:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$74.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$45K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-480593
3
/10
  • P.S. 80 Thurgood Marshall Magnet

  • 17105 137th Ave

  • 0.24 miles

  • Public Magnet Grades KG-5

school-card-donut-480594
3
/10
  • P.S. 52 Queens

  • 17837 146th Ter

  • 0.59 miles

  • Public Magnet Grades KG-5

school-card-donut-480595
5
/10
  • PS 251

  • 14451 Arthur St

  • 0.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,769. The majority of New York, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 89-02 171st St

What is the listing price of this property?

The listing price of 89-02 171st St property is $15,000,000.

What type of property is this?

The property 89-02 171st St is a house located in Jamaica, New York, 11432.

Is this property for sale now?

Active Listing: 89-02 171st St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 89-02 171st St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 89-02 171st St is 1,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 89-02 171st St is 1920.
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Rocket Homes›New York›Queens County›New York›11432›89-02 171st St

This home is located at 89-02 171st St in Jamaica, NY and zip code 11432 in the Southeastern Queens neighborhood. This 1,584 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $15,000,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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