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9720 88th Street, Jamaica, NY, 11416

5beds
3baths
2,980sqft
$1,299,000
$436price/sqft
$8,294/moest. monthly cost
$331,760/yrincome needed

About This Home

Welcome to Ozone Park Investment Opportunity / Owner-User Property Great Location; Walk to Shopping, Schools and Transportation Young Detached Brick 3-Family with garage, private driveway and rear yard 4 Electric Meters; 3 Gas Meters; Sprinkler System in Hallways Third Floor: With Updated Kitchen; Large Bedroom with Balcony; Additional Bedroom; LR / DR; Full Bath and Closets Second Floor: 5 Room Apartment with 2 bedrooms; LR / DR, Kitchen and Full Bath First Floor: Walk-in Apartment: 1 Bedroom, Kitchen, Full Bath and Living Room

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Construction

Condition

  • Year built: 1977

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Triplex,Multi Family

Interior

Features

  • First Floor Bedroom,First Floor Full Bath,Chandelier,Galley Type Kitchen,Primary Bathroom
  • Flooring: Hardwood
  • Attic: None

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,980
  • Total interior livable area: 2,980 sqft

Property

Details

  • Parcel number: 090600014
  • Special condition: None

Features

  • Fencing: Chain Link

Lot

  • Lot size: 2,000 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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 $6,568$78,816
Home Insurance *$423$5,076
Property Taxes $811$9,732
Electricity $492$5,909
Total$8,294$99,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$284,365/yr
40% on housing$248,820/yr
45% on housing$221,173/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

$436This listing

vs Other Active Listings

Avg $/sqft

ZIP 11416$502
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
2026-05-06Listed for sale$1,399,000

For Sale by Agent

AgentPaul P. Napolitano
BrokerageColdwell Banker Napolitano Rlt

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