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15042 116th Avenue, Jamaica NY 11434
15042 116th Avenue, Jamaica NY 11434
New York>Queens>Jamaica Park South

15042 116th AvenueJamaica, NY 11434

For Sale

$1,000,500

Smart Buyer Rebate $12,506

Spacious Multi-Family Home in Jamaica, NY
Discover this two-family house located in the vibrant South Jamaica neighborhood. Built in 1993, this property offers a substantial 2,112 sq. ft. of living space, providing ample room for a large family or investment opportunity.
Key Features:
Bedrooms: 6
Bathrooms: 3 Full Baths
Interior Amenities: Features a large living/dining room area, an eat-in kitchen, and a den/family room.
Basement: Full, finished basement offers additional versatile living space.
Exterior & Lot: Situated on a 3,500 sq. ft. lot, the home has a vinyl exterior and is conveniently located near public transportation options including bus and train routes.
Parking: Includes one parking space.
This property presents an excellent opportunity in Queens County, close to local amenities and schools. Buyers are advised to verify all property details.

Listed by Sharon A. Fair Willis

·

Fair Share Realty Inc.

·

917-613-0248

Last updated September 25, 2026

·

Source: OneKey #931293

Listing Facts

  • TypeMulti-family
  • NeighborhoodJamaica Park South
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu363
  • Taxes$6,247.24/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/24/2026
Status changed to Active
$1,000,500
05/22/2026
Status changed to Pending
$1,000,500
05/21/2026
Status changed to Temporarily Off Market
$1,000,500
04/30/2026
Price Decreased
$1,000,500
04/08/2026
Price Decreased
$1,050,000
02/11/2026
Price Decreased
$1,089,000
11/02/2025
Listed by Fair Share Realty Inc.
$1,099,000
  1. 09/24/2026$1,000,500
    Status changed to Active
  2. 05/22/2026$1,000,500
    Status changed to Pending
  3. 05/21/2026$1,000,500
    Status changed to Temporarily Off Market
  4. 04/30/2026$1,000,500
    Price Decreased
  5. 04/08/2026$1,050,000
    Price Decreased
  6. 02/11/2026$1,089,000
    Price Decreased
  7. 11/02/2025$1,099,000
    Listed by Fair Share Realty Inc.

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$10,005
Title Insurance
$4,503
Bank Attorney
$1,500
Mortgage Recording Tax
$15,407
Other Closing Costs
$4,000
Total
$39,415

Estimated closing costs are based on the list price of $1,000,500 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 15042 116th Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Property Condition: Actual
  • Structure Type: Mid Rise
  • Window Features: Insulated Windows
  • Year Built: 1993
  • Architectural Style: Mid Rise
  • Construction Materials: Brick, Fiberglass Insulation, Frame, Vinyl Siding

Features

  • Fencing: Back Yard

Measurements

  • Building Area Total: 2,112
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Level, Near Public Transit, Near School, Near Shops
  • Lot Size Acres: 0.08
  • Lot Size Dimensions: 35,100
  • Lot Size Square Feet: 3,500

Financial

Residential Income

  • Cap Rate: 10553.0

Taxes

  • Parcel Number: 12201-0028
  • Tax Annual Amount: $6,247.24
  • Tax Assessed Value: $45,540.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood, Other
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Granite Counters

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Other

Location

  • Tax Block: 12201
  • Tax Lot: 28

Parking

Parking

  • Carport Spaces: 1
  • Carport: Yes
  • Parking Features: Driveway
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Ps 43
  • Elementary School District: Queens 27

High School

  • High School: Jamaica Gateway To The Sciences
  • High School District: Queens 28

Middle or Junior School

  • Middle Or Junior School: Jhs 226 Virgil I Grisson
  • Middle Or Junior School District: Queens 27

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 15042 116th Avenue.

What schools are nearby to 15042 116th Avenue?

Nearby schools include the Ps 43 Elementary School, Jhs 226 Virgil I Grisson Middle School, and Jamaica Gateway To The Sciences High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 15042 116th Avenue.

What are the annual taxes for 15042 116th Avenue?

Annual taxes for this multi-family home are estimated at $6,247.

How does 15042 116th Avenue compare to other multi-family homes in Jamaica Park South?

This multi-family home is listed 2% below the average price for multi-family homes in Jamaica Park South and has been on the market for 229 more days than the typical home in this area.

15042 116th Avenue is a 6-bedroom, 3-bath multi-family home for sale in Jamaica NY 11434. On Prevu for 363 days at $1,000,500. This includes a recent price decrease of $49,500. This residence is located in Jamaica Park South. The median listing price for multi-family homes in this area is $779,944. Nearby schools include Ps 43 Elementary School, Jhs 226 Virgil I Grisson Middle School, and Jamaica Gateway To The Sciences High School. Additional amenities include parking. Explore more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.