16701 116th Avenue, Jamaica, NY, 11434
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2026
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- First Floor Bedroom,First Floor Full Bath,Chefs Kitchen,Eat-in Kitchen,Granite Counters,Open Kitchen,Primary Bathroom,Master Downstairs
Heating & Cooling
- Heating features: ENERGY STAR Qualified Equipment,Forced Air
- Cooling features: Central Air,ENERGY STAR Qualified Equipment
Interior Area
- Total structure area: 3,212
- Total interior livable area: 3,212 sqft
Property
Details
- Parcel number: 123420147
- Special condition: None
Lot
- Lot size: 3,000 sqft
Parking
- Total spaces: 2
- Parking features: Driveway,Garage,Private
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Cold Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,225 | $86,700 |
| Home Insurance * | $470 | $5,640 |
| Property Taxes | $893 | $10,716 |
| Electricity | $530 | $6,369 |
| Total | $9,118 | $109,416 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,429,000 |
| 2018-05-18 | Sold | $410,000 |
| 2004-07-03 | Sold | $255,000 |
| 1999-08-04 | Sold | $136,000 |
| 1998-07-24 | Sold | $175,000 |
| 1995-02-27 | Sold | $149,000 |
| 1995-01-26 | Sold | $88,225 |
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