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New York>Queens>Jackson Heights

37-50 87th Street 5Queens, 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 NYC

·

(888) 276-0630

Last updated June 10, 2026

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Source: REBNY #RLS20096751

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodJackson Heights
  • Bathrooms1
  • Days on Prevu118
  • HOA/Maint. Fees$615/month

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

02/18/2026
Listed by EXP Realty NYC
$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: Building Yes, Yes

Fees

  • Association Fee: $615.00 Monthly

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Stories Total: 6
  • Year Built: 1951
  • Entry Level: 5

Features

  • Building Features: Elevator(s)

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Queens
  • Subdivision Name: Jackson Heights
  • Tax Block: 1474
  • Tax Lot: 0012

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: Common Area
  • Other Equipment: Intercom

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.

Are pets allowed at 37-50 87th Street?

Yes, 37-50 87th Street allows pets.

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 9 more days than the typical home in this area.

37-50 87th Street 5 is a -bedroom, 1-bath co-op for sale in Queens NY 11372. Available on Prevu for 118 days at $238,000. This property is located in Jackson Heights. The median listing price for co-ops in this area is $419,000. Property amenities include pets allowed. View other co-op listings in Queens.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., 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.