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$535,000 Just Listed
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Property Description
Excellent Investment Opportunity in Prime Jamaica Location! Bring your vision to this detached Colonial home located in a desirable Jamaica neighborhood. The property requires a complete interior renovation and is being sold AS IS, offering tremendous potential for investors, contractors, or end-users looking to customize their dream home. Situated on a 2,342 Sq Ft lot with approximately 1015 Sq Ft of living space, this home features 2 bedrooms, 1.5 bathrooms, a full basement, and a shared driveway. Located in an R3A zoning district. There may be potential to convert the property into a legal two-family residence, subject to NYC Department of Buildings approval. Buyers are encouraged to consult with their architect and verify all zoning and development possibilities independently. Excellent location close to schools, shopping, restaurants, parks, public transportation, JFK Airport, and major highways. Don't miss this rare opportunity to renovate, expand, or explore future development potential in one of Jamaica's most convenient locations.
Full Property Details
Full Property Details for 116-58 148th St
General
- Price: $535,000
- Taxes: $3,875
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 1035171
- Updated: Today (8/5/2026)
- Added to Site: Today
Interior
- Number of Rooms: 7
- Interior Features: Formal Dining
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 4
- Parking Features: Off Street
Location
- County: Queens
School Information
- High School District: Queens 29
- Elementary School: Ps 118 Lorraine Hansberry
- Middle School: Is 238 Susan B Anthony Academy
- High School: Cambria Heights Academy
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: A-Frame
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Unfinished Attic: Yes
- Sq. Ft. Source: Public Records
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0538
- Lot Size (Sq. Ft.): 2,342
Financial Considerations
- Tax Amount: $3,875
Disclosures and Reports
- Special Conditions: None
- Property ID: 12007-0209
Listed by EXP Realty
Get Pre-Approved Today
Schools
Schools serving 116-58 148th St
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 123 145-01 119th Ave, Queens, NY 11436 | K-5 | 0.2 mi |
Hawtree Creek Middle School 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 1.3 mi |
Jhs 226 Virgil I Grisson 121-10 Rockaway Blvd, Queens, NY 11420 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116-58 148th St
Date
Details
Price
Change
Source
8/05/2026
Listed
$535,000
71.2%
MLS
4/02/2024
Sold
$312,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116-58 148th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,805
6%
$20,081
6%
2024
$3,590
—
$18,944
-39%
2024
$3,590
—
$31,080
74%
2023
$3,590
—
$17,873
-38%
2022
$3,602
2%
$28,920
6%
2021
$3,522
5%
$27,360
16%
2020
$3,342
6%
$23,520
-6%
2019
$3,153
5%
$24,960
68%
2017
$3,013
—
$14,894
1%
2017
$3,013
8%
$14,781
6%
2016
$2,788
8%
$13,945
6%
2015
$2,573
8%
$13,156
6%
2014
$2,382
6%
$12,412
—
2013
$2,242
—
$12,412
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116-58 148th St
116-58 148th Street, Jamaica, NY 11436 (MLS# 1035171) is a Single Family property with 2 bedrooms and 2 full bathrooms. 116-58 148th Street is currently listed for $535,000 and was received on August 05, 2026. Want to learn more about 116-58 148th Street? Do you have questions about finding other Single Family real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

