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Newly Constructed Jamaica Two-Family Property

16701 116th Avenue Jamaica, NY 11434

16701 116th Avenue, Jamaica, NY, 11434
$1,429,000
For Sale
Claim this Listing
$1,429,000

MULTI_FAMILY - Jamaica, NY

Lot Size0.07 Acres
AddedMay 6
Days on Market70
Last RefreshJul 14 at 11:06 pm

Property Features for 16701 116th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
6
Bathrooms
5
Rooms
Basement, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
Garage, Driveway
Interior features
First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Granite Counters, Open Kitchen, Primary Bathroom, Master Downstairs
Basement
Finished, Full
Standard status
Active
APN
12342-0147
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5470

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Energy Star Qualified Equipment (Heating), Forced Air
Cooling system
ENERGY STAR Qualified Equipment, Central Air
Water source
Public

Building Details

Year built
2026
Number of units
2
Building materials
Brick, Frame

Listing agent Gabriel Kashi

Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY

Listing date May 6, 2026

MLS# 996191 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located on a tree-lined corner lot in Jamaica, this newly constructed two-family property at 167-01-116th Avenue offers a wide driveway and a two-car garage. It presents an opportunity for buyers seeking space and income-generating rental potential to assist with mortgage payments. The property is configured with a 3-bedroom, 2-bath rental unit that can generate $4,500 per month. The owner's unit also features 3 bedrooms and 2 baths and can be used as a duplex with the high-ceiling finished basement to create additional living or recreational space. Both units include sun-drenched, modern, open-concept living and dining areas suitable for entertaining. The kitchens are equipped with floor-to-ceiling custom cabinetry, granite countertops, stainless steel appliances, and an island with bar stool seating. The bedrooms are spacious with ample closet space, and the primary suite includes a private en suite. The property is designed with modern features and technology. It is located near Foch Blvd, Merrick Blvd, and Guy R Brewer Blvd, with convenient access to JFK Airport, Belt Parkway, schools, shopping centers, restaurants, cafes, parks, and other neighborhood amenities. The lot size is 0.0689 acres.

Key Highlights

  • New construction two‑family corner property (under construction) with YearBuilt 2026
  • Designed as 3‑bedroom/2‑bath rental unit with ability to generate $4,500/month rent
  • Owners unit is a 3‑bedroom/2‑bath home with a finished high‑ceiling basement for extra living space

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic Acupuncture Bakery HVAC Service Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New two-family property in Jamaica with income potential.
Where is this duplex located?
The property is located at 16701 116th Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $1,429,000.
What are key features of this property?
This property features: New construction two‑family corner property (under construction) with YearBuilt 2026; Designed as 3‑bedroom/2‑bath rental unit with ability to generate $4,500/month rent; Owners unit is a 3‑bedroom/2‑bath home with a finished high‑ceiling basement for extra living space
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