37-50 87th St APT 5C, Jackson Heights, NY, 11372
About This Home
Best-Priced Renovated Studio in Jackson Heights | Own for less then renting! Welcome to this bright and beautifully renovated 5th-floor studio in the heart of Jackson Heights. Move-in ready, 5th-floor studio is one of the best values currently on the market, perfect for first-time buyers or anyone looking for a smart, affordable entry into NYC home-ownership. The apartment features multiple windows that bring in great natural light, creating an open and airy feel throughout. Recently renovated, the home offers brand-new flooring and a clean, modern design that’s both stylish and functional. The standout kitchen is designed with blue subway tile, white cabinetry, marble countertops, black hardware, and stainless steel appliances — a sleek, timeless look that elevates the space. The bathroom is equally refined with neutral tile, gold hardware, and a space-saving sliding door. Move right in and start building equity instead of paying rent. Seller motivated — priced to sell. Ask about a $5,000 closing cost credit. Bring all offers. Nestled in the vibrant Jackson Heights neighborhood, Monticello Gardens is a conveniently located six-story, 167-unit elevator building erected in 1951. Situated on a serene tree-lined block, it offers a host of amenities, including parking (waiting list), laundry facilities, bicycle storage, and a live-in super. Pets are welcome, and subletting is permitted after two years, subject to board approval as per house rules. Within a short distance of local amenities and transportation, residents can relish easy access to dining, shopping, and entertainment options. The building is well-maintained with no flip tax.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Type & Style
- Home type: Cooperative
- Property subType: Coop
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Inside
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Interior Area
- Total structure area: 0
Property
Accessibility
- Accessibility features: Wheelchair Access
Details
- Special condition: Resale
Parking
- Parking features: Garage
- Has garage: 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
- Cold Wave
- Heat Wave
- Earthquake
- Inland Flooding
- Strong Wind
- Winter Weather
- 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 | $1,254 | $15,048 |
| Home Insurance * | $43 | $516 |
| Property Taxes | $155 | $1,860 |
| Electricity | $246 | $2,954 |
| Total | $1,698 | $20,376 |
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 |
|---|---|---|
| 2026-05-09 | Price change | $239,000 |
| 2026-03-29 | Price change | $248,000 |
| 2026-02-18 | Listed for sale | $250,000 |
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