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New Corner Two-Family Duplex
For Sale
$1,429,000

16701 116th Avenue, Jamaica, NY 11434

MULTI_FAMILY - Jamaica, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market96

Property Features for 16701 116th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 5, Bedroom 5, Bathroom 3, Bedroom 2, Basement
Parking features Driveway, Garage
Interior features First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Granite Counters, Open Kitchen, Primary Bathroom, Master Downstairs
Basement Full, Finished
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
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 Central Air, ENERGY STAR Qualified Equipment
Water source Public

Building Details

Year built 2026
Number of units 2
Building materials Brick, Frame
Listing Agency: Keystone Realty USA Corp
Listed By: Gabriel Kashi
Added: May 6 Changed: Aug 1 Last Checked: Aug 9 at 8:06PM
MLS# 996191

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.

167-01 116th Avenue is a newly constructed two-family corner duplex currently under construction, planned with modern open-concept living and dining areas in each unit. The rental unit is configured as a 3-bedroom, 2-bath layout, and the owners unit is also a 3-bedroom, 2-bath with a high-ceiling finished basement that can be used for additional living or recreational space.

The property sits on a 0.0689-acre lot and includes a wide driveway and a two-car garage. Construction materials are listed as brick with frame elements. Comfort is supported by forced air heating with Energy Star-qualified equipment and central air cooling, also with Energy Star-qualified equipment.

Utilities are set up with natural gas available, along with public water and public sewer. Interior features include first-floor bedroom and full bath options, granite counters, eat-in and open kitchen layouts, and a primary bathroom with a master-downstairs design. Completion is targeted for 2026.

Key Highlights

  • Newly constructed corner two‑family duplex under construction
  • 0.0689‑acre lot with wide driveway and two‑car garage
  • Year built 2026 completion

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,255
Businesses Nearby

Demographics for 11434, NY

66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly constructed two-family duplex with a wide driveway, two-car garage, and modern open-concept layouts under construction.
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: Newly constructed corner two‑family duplex under construction; 0.0689‑acre lot with wide driveway and two‑car garage; Year built 2026 completion
More about this property
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