We are pleased to present a unique investment opportunity in a highly sought-after R6A zoning district. This corner lot property offers developers an exceptional chance to capitalize on the potential of a vibrant neighborhood.Property Highlights:Location: Strategically situated on a corner lot, this property provides enhanced visibility and accessibility, making it an ideal location for a new residential development.Zoning: The R6A zoning designation allows for a variety of residential building types, including apartments and mixed-use developments.Development Potential: The site's zoning and location present a fantastic opportunity for developers to create a landmark residential project that can cater to a growing demand for housing in the area.Community: The property is located in a dynamic neighborhood known for its blend of residential, commercial, and cultural amenities. Future residents will benefit from proximity to public transportation like subway (both 169 and 179 street F line), busses, close to highway (Grand Central), schools, shopping, and dining options.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1920
Living Area: 1,584 SqFt
Listing Office:
Office Name: Karten Real Estate Svcs LLC
Office Phone: (929) 605-5545
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Private, Detached, 1 Car Detached, Garage
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: None
Other
Directions Information:
Directions: Corner of 89th Avenue and 171st Street
Price Information
Listing Price Info
Price Summary:
List Price: $15,000,000
Price Per SqFt: $9,470/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $14.1M more than the Median Sold Price and $8.8K/SqFt more than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3544396
Listing Office:
Office Name: Karten Real Estate Svcs LLC
Office Phone: (929) 605-5545
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/29/2024, 8:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$74.9K
Per Month
Principal & Interest
$74.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$45K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
PS 80 Thurgood Marshall Magnet
17105 137th Ave
Distance between this listing and this school0.24 miles
Public Magnet Grades KG-5
5
/10
PS 251
14451 Arthur St
Distance between this listing and this school0.60 miles
Public District Grades KG-3
2
/10
PS 52
17837 146th Ter
Distance between this listing and this school0.61 miles
Public District Grades PK-5
Nearby Schools
3
/10
Catherine and Count Basie Middle School 72
13325 Guy R Brewer Blvd
Distance between this listing and this school0.49 miles
Public District Grades 6-8
4
/10
Community Voices Middle School
14500 Springfield Blvd
Distance between this listing and this school0.63 miles
Public District Grades 6-8
4
/10
Collaborative Arts Middle School
14500 Springfield Blvd
Distance between this listing and this school0.63 miles
Public District Grades 6-8
Nearby Schools
3
/10
Queens Preparatory Academy
143 10 Springfield Blvd
Distance between this listing and this school0.61 miles
Public District Grades 9-12
3
/10
George Washington Carver High School for The Sciences
143 10 Springfield Blvd
Distance between this listing and this school0.61 miles
Public District Grades 9-12
4
/10
Excelsior Preparatorty High School
143 10 Springfield Blvd
Distance between this listing and this school0.61 miles
The neighbors living near this home have an average income of $75,769. The majority of New York, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 89-02 171st St
What is the listing price of this property?
The listing price of 89-02 171st St property is $15,000,000.
What type of property is this?
The property 89-02 171st St is a house located in Jamaica, New York, 11432.
Is this property for sale now?
Active Listing: 89-02 171st St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 89-02 171st St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 89-02 171st St is 1,584 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 89-02 171st St is 1920.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 89-02 171st St in Jamaica, NY and zip code 11432 in the Southeastern Queens neighborhood. This 1,584 square foot home, which was built in 1920, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $15,000,000.
While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. In March 2024 median list price was $845,489 and the average listing age was 96 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Pro Boxing
Pro Boxing
Tennis
Major League Soccer (MLS)
IKEA
Crate & Barrel
Banana Republic
Quiznos
Starbucks
Jack In The Box
Lexus
BMW
Toyota
Soft Adult Contemporary
News
Jazz