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94-13 Forbell St, Jamaica, NY, 11416

4beds
2baths
2,018sqft
$654,900
$325price/sqft
$4,266/moest. monthly cost
$170,640/yrincome needed

About This Home

Fantastic opportunity to own a solid brick two-family home in the heart of Ozone Park. This well-maintained property features a total of four bedrooms, two full bathrooms, and a finished basement, offering plenty of space and flexibility for future use. With its durable brick construction and classic layout, this home is ideal for investors or buyers seeking long-term value and rental income potential. Located in a vibrant, commuter-friendly neighborhood, this home is surrounded by a wealth of amenities. Enjoy easy access to public transportation, including the A, J, and Z subway lines, as well as multiple bus routes such as the Q7, Q11, Q21, and Q53. Ozone Park offers an incredible mix of shopping and dining, with nearby options along Cross Bay Boulevard, Liberty Avenue, and proximity to Queens Center Mall. The area is known for its diverse culinary scene, from local bakeries to international cuisine, and offers numerous recreational options including Spring Creek Park, Charles Memorial Park, and the Jamaica Bay Wildlife Refuge. Families will appreciate nearby schools, libraries, and community centers, while travelers will value quick access to JFK Airport and major highways like the Belt Parkway and the Van Wyck Expressway. This is a rare chance to invest in a desirable, high-demand neighborhood-don t miss out on securing a valuable piece of Queens real estate. Please note that the property is currently occupied, and showings cannot be accommodated at this time. Occupants must not be disturbed under any circumstances. The property will be delivered as-is, and the buyer will be responsible for vacating the units post-closing.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 2,018
  • Total interior livable area: 2,018 sqft

Property

Details

  • Parcel number: 089960080
  • Special condition: Auction

Lot

  • Lot size: 2,613 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,311$39,732
Home Insurance *$213$2,556
Property Taxes $409$4,908
Electricity $333$4,001
Total$4,266$51,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,262/yr
40% on housing$127,980/yr
45% on housing$113,760/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 11416$507
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11416$519
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Sold$1,433,938
2025-11-26Contingent$599,900
2025-11-23Listed for sale$599,900
2025-10-22Listing removed$399,000
2025-09-01Listed for sale$399,000
2007-04-09Sold$570,000
2004-02-09Sold$220,000

Unknown Listed By

AgentMichael (Mike) Morris
BrokerageVylla Home (US)

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