17915 140th Avenue, Jamaica, NY, 11434
About This Home
Prime Development Opportunity | Legal 2-Family in Springfield Gardens Unlock the full potential of this exceptional legal 2-family property situated in the heart of Springfield Gardens, Queens. Set on an expansive 7,758 sq ft lot, this 1,500 sq ft residence offers immediate income potential along with significant upside for investors and developers alike. Positioned within an R3-2, C1-3 zoning district, this property boasts a maximum buildable of approximately 5,819 sq ft, presenting a rare opportunity to expand, redevelop, or create a custom multi-unit project in a rapidly evolving neighborhood. Conveniently located less than 10 minutes from John F. Kennedy International Airport, this home is ideal for frequent travelers and those seeking proximity to a major transportation hub. Commuting is effortless with the Long Island Rail Road just two blocks away, offering a seamless 20-minute ride into Midtown Manhattan. Whether you're an end-user looking for rental income or an investor seeking your next value-add project, this property delivers on location, scale, and long-term potential.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: None
Features
- First Floor Bedroom,First Floor Full Bath
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: None
Property
Details
- Special condition: None
Parking
- Parking features: Driveway
- 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
- 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 | $5,051 | $60,612 |
| Home Insurance * | $328 | $3,936 |
| Property Taxes | $624 | $7,488 |
| Electricity | $246 | $2,954 |
| Total | $6,249 | $74,988 |
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 |
|---|---|---|
| 2026-05-16 | Listed for sale | $999,000 |
View on Zillow