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16815 116th Avenue, Jamaica, NY, 11434

4beds
2baths
1,688sqft
$825,000
$489price/sqft
$5,235/moest. monthly cost
$209,400/yrincome needed

About This Home

Welcome to a well-maintained two-family home offering flexibility, functionality, and thoughtful updates throughout. Configured as 2-bedroom over 2-bedroom, this property is ideal for a variety of living arrangements or investment opportunities. Each unit provides comfortable living space with practical layouts, while the full basement—with separate access—adds valuable bonus space suitable for a range of uses. Major updates include upgraded electrical and plumbing systems completed in 2019, along with a fully updated roof in 2025. The home is also equipped with solar panels, offering enhanced energy efficiency and long-term cost savings. Additional features include two separate gas and electric meters, a one-car garage, and a large private driveway providing ample parking. The property also boasts a generously sized backyard, offering outdoor space to enjoy and customize. Currently tenant-occupied, the home will be delivered vacant at closing, presenting a seamless opportunity for end-users or investors alike. Conveniently located in Jamaica, Queens, with access to transportation, shopping, and local amenities.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

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

Features

  • First Floor Bedroom,First Floor Full Bath

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,688
  • Total interior livable area: 1,688 sqft

Property

Details

  • Parcel number: 123430234
  • Special condition: None

Lot

  • Lot size: 3,000 sqft

Parking

  • Total spaces: 1
  • 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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
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 $4,171$50,052
Home Insurance *$271$3,252
Property Taxes $515$6,180
Electricity $278$3,347
Total$5,235$62,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,485/yr
40% on housing$157,050/yr
45% on housing$139,600/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

$489This listing

vs Other Active Listings

Avg $/sqft

ZIP 11434$497
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11434$492
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
2026-03-30Listed for sale$825,000

For Sale by Agent

AgentDavid Yakubov
BrokerageTrusted Property Advisors Corp

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