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37-50 87th Street 5Jackson Heights, NY 11372

For Sale

$238,000

Smart Buyer Rebate - Ask

Stop Paying Rent. Start Investing in Yourself.

This designer-renovated studio offers a smart and affordable alternative to renting.

Welcome to this bright and beautifully renovated 5th-floor studio in the heart of Jackson Heights. Move-in ready, 5th-floor studio is one of the best values currently on the market, perfect for first-time buyers or anyone looking for a smart, affordable entry into NYC home-ownership.

The apartment features multiple windows that bring in great natural light, creating an open and airy feel throughout. Recently renovated, the home offers brand-new flooring and a clean, modern design that’s both stylish and functional.

The standout kitchen is designed with blue subway tile, white cabinetry, marble countertops, black hardware, and stainless steel appliances — a sleek, timeless look that elevates the space. The bathroom is equally refined with neutral tile, gold hardware, and a space-saving sliding door.

Nestled in the vibrant Jackson Heights neighborhood, Monticello Gardens is a conveniently located six-story, 167-unit elevator building erected in 1951. Situated on a serene tree-lined block, it offers a host of amenities, including parking (waiting list), laundry facilities, bicycle storage, and a live-in super. Pets are welcome, and subletting is permitted after two years, subject to board approval as per house rules. Within a short distance of local amenities and transportation, residents can relish easy access to dining, shopping, and entertainment options. The building is well-maintained with no flip tax.

Listed by Shadaby Azam

·

EXP Realty

·

888-276-0630

Last updated June 10, 2026

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Source: OneKey #1011460

Listing Facts

  • TypeCo-op
  • NeighborhoodJackson Heights
  • Bathrooms1
  • Days on Prevu7
  • HOA/Maint. Fees$615/month
  • Size550 sqft
  • Price per sqft$433

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Listed by EXP Realty
$238,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $238,000 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 37-50 87th Street 5

Association

Amenities

  • Pets Allowed: Size Limit, Yes

Financial

  • Renting Allowed: Yes

Exterior

Construction

  • Year Built: 1950
  • Architectural Style: Garden
  • Construction Materials: Brick
  • Entry Level: 5

Measurements

  • Building Area Units: Square Feet

Interior

Features

  • Appliances: Gas Cooktop, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Interior Features: First Floor Bedroom, Breakfast Bar, Open Floorplan, Open Kitchen

Measurements

  • Living Area: 550
  • Living Area Source: CubiCasa

Rooms

  • Basement: Common, Finished
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Parking

Parking

  • Garage: Yes
  • Parking Features: Covered, Private

Schools

Elementary School

  • Elementary School: Contact Agent
  • Elementary School District: Contact Agent

High School

  • High School: Contact Agent
  • High School District: Contact Agent

Middle or Junior School

  • Middle Or Junior School: Call Listing Agent
  • Middle Or Junior School District: Contact Agent

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is bedrooms and 1 bathroom in this co-op at 37-50 87th Street 5.

What schools are nearby to 37-50 87th Street 5?

Nearby schools include the Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School.

Are pets allowed at 37-50 87th Street?

Yes, 37-50 87th Street allows pets. Check the Property Details for any relevant restrictions.

How does 37-50 87th Street 5 compare to other co-ops in Jackson Heights?

This co-op is listed 41% below the average price for co-ops in Jackson Heights and has been on the market for 102 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 550 sqft.

37-50 87th Street 5 is a -bedroom, 1-bath co-op for sale in Jackson Heights NY 11372. On Prevu for 7 days at $238,000. This residence features 550 square feet of living space, located in Jackson Heights. The median listing price for co-ops in this area is $419,000. Nearby schools include Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School. The home offers pets allowed and parking. Browse more co-op 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.