Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $430,000

Listed at $450,000 · Sold 4.4% below asking · Closed May 16, 2025

37-56 87th Street #5-F
Closed For Sale Co-op

$450,000

37-56 87th Street #5-F

Jackson Heights, Queens

MLS® #RLS11019696

RLS at REBNY

Listing by EXP Realty NYC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1951
Ownership Co-op
Maintenance $926/mo
Parking Garage
Neighborhood Jackson Heights
Floor 5 of 6

Property Highlights

  • Exposure: East facing
  • Climate Control: Window Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 5 of 6
Exposure East
Cooling Window Units
Pets Yes
Cross Street 37th Avenue/Roosevelt Avenue
Year Built 1951
Parking Garage Available
Structure Type None
Block/Lot 1474/12

Listing History

Event Date Price Change
Listed Nov 5, 2024 $450,000 -
Currently Jun 6, 2026 $450,000 -

Description

Bright and inviting 2-bedroom, 1-bath apartment on the 5th floor, flooded with natural light!

Freshly painted with beautifully refinished original hardwood floors that add a touch of classic charm. All window panes have been recently replaced for enhanced comfort and efficiency. The kitchen and bathroom are functional but offer potential for updates, allowing you to add your personal touch. With ample closet space throughout, this move-in-ready home combines charm, comfort, and opportunity in one space. A must-see!

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.

Features & Amenities

Interior Features

Kitchen Window Common Area

Exterior Features

Building Storage

Building Information

Financial Details

Maintenance $926/mo
Sale Price $430,000

Jackson Heights is a landmarked planned community originally built in the early 1900s, featuring prewar garden cooperatives with interior courtyards that are listed on the National Register of Historic Places. Approximately 80% of the housing stock consists of co-ops, with the remainder split among attached single-family homes, multi-family row houses, and detached residences, all served by the 7, E, F, M, and R trains at the Roosevelt Avenue hub. Travers Park provides green space, and the commercial corridors along Roosevelt Avenue and 37th Avenue anchor the neighborhood's retail activity.

Jackson Heights Live Market Data

View Neighborhood

Active Listings

68

Median Asking Price

$443K

Median $/Sqft

$615

Avg Days on Market

N/A

New This Week

2

Price Reduced

28%

Sold (30 Days)

5

Median Sale Price

$471K

Live data from RLS at REBNY • Updated 6/6/26, 12:09 PM EST

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Location

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37-56 87th Street #5-F, Jackson Heights, Queens County • Near 37th Avenue/Roosevelt Avenue

Building Information

Official NYC property records for this building

1951
Year Built
75 years old
6
Floors
167
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,037,200
Land Value: $1,350,000
Exemptions: $75,382

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 50,000 SF
Building Area: 168,600 SF
Built FAR: 3.37
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $926 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1951, making it approximately 75 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11019696
First Listed: 11/5/2024
On Market: 11/5/2024
Closed: 5/16/2025
Contract Date: 11/5/2024

Listing Courtesy of EXP Realty NYC - Shadaby Azam

Listing Contact: (888) 276-0630

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/6/2026 at 4:09 PM UTC

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