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$1,429,000
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Property Description
Welcome to 167-01-116th Avenue! A newly constructed two family corner property nestled on a beautiful tree lined street of Jamaica. Featuring a wide driveway, two car garage and is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as 3 bedroom 2 bath rental unit which has the ability to generate $4,500/month to assist with mortgage payments. The owners unit is a 3 bedroom 2 bath as well, which can easily be used as a duplex with the high ceiling finished basement to create additional living/recreational space. Both units enjoy expansive sun drenched, modern, open concept living/dining areas which provide great space for entertaining. Elegant chefs granite kitchens equipped with floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances and island for bar stool seating. Spacious bedrooms with ample closet space. Primary suite with private en suite and much more! Must see to appreciate. Completed with all modern design and technology this newly constructed two family will for sure captivate you from the moment you arrive with its warm & welcoming energy. Ideal for primary home owners and savvy real estate investors alike. 167-01-116th Avenue is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Foch Blvd, Merrick Blvd, Guy R Brewer Blvd. Short blocks to JFK Airport, Belt Parkway, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
Full Property Details
Full Property Details for 167-01 116th Ave
General
- Price: $1,429,000
- Taxes: $5,469
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 996191
- Updated: 5/6/2026
- Added to Site: 56 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Granite Counters, Open Kitchen, Primary Bathroom, Master Downstairs
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage, Private
Location
- County: Queens
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: ENERGY STAR Qualified Equipment, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 3212
- Square Feet: 3,212
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
Financial Considerations
- Tax Amount: $5,469.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 12342-0147
Listed by Keystone Realty USA Corp
Get Pre-Approved Today
Schools
Schools serving 167-01 116th Ave
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 140 Edward K Ellington 116-01 166th St, Queens, NY 11434 | K-5 | 0 mi |
Jhs 8 Richard S Grossley 108-35 167th St, Queens, NY 11433 | 6-8 | 0.7 mi |
Emerson School (The) 108-35 167th St, Queens, NY 11433 | 6-8 | 0.8 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 167-01 116th Ave
Date
Details
Price
Change
Source
5/06/2026
Listed
$1,429,000
248.54%
MLS
4/18/2018
Sold
$410,000
—
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 167-01 116th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,605
—
$29,549
6%
2025
$5,605
6%
$27,906
-31%
2024
$5,288
6%
$40,320
62%
2023
$4,998
-1%
$24,883
-35%
2022
$5,053
-2%
$38,280
21%
2021
$5,182
5%
$31,740
-2%
2020
$4,922
6%
$32,280
1%
2019
$4,644
10%
$32,040
55%
2017
$4,227
3%
$20,736
1%
2016
$4,102
8%
$20,520
6%
2015
$3,789
14%
$19,379
6%
2014
$3,316
5%
$18,283
6%
2013
$3,165
—
$17,280
—
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 167-01 116th Ave
16701 116th Avenue, Jamaica, NY 11434 (MLS# 996191) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 16701 116th Avenue is currently listed for $1,429,000 and was received on May 06, 2026. Want to learn more about 16701 116th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

