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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. New Developments
  3. New York City
  4. Queens
  5. 11372
  6. 37-56 87th Street #6BC
Property thumbnail
1 / 12
★ Sponsor Unit
✓ No Board Approval Required
Stock Cooperative•Jackson Heights

37-56 87th Street #6BC, New York City, NY 11372

Listing Courtesy of CORE Group Marketing LLC

$698,000

Potential Rebate: $10,470

Stock Cooperative
3 Beds
2 Baths
5 Rooms
168,600 sqft
Built 1951
6 Stories
4/ft²
Listed on Nov 4, 2025
53 days on market
Book a Tour

Overview

One of the most unique apartments to come to market in Jackson Heights. This massive top-floor three-bed two-bath was created through a combination of two adjoining apartments, and it offers thoughtful renovations and clear views of the Manhattan skyline.

Enter through a gracious foyer, which leads to the living room with a dining alcove and an adjacent double-galley kitchen. Newly renovated, the kitchen offers custom shaker cabinets, stone counters, tile backsplash, and a full line of quality stainless steel appliances, complete with a dishwasher.

Just past the living room, a corridor leads to two gracious bedrooms and a well-appointed full bath.

The show stopper is the massive primary bedroom with its brand new spa-like bath with quality fixtures and finishes.

There are ample closets, well-preserved original hardwood floors, and an abundance of natural light from three exposures.

Conveniently located on a serene tree-lined block, Monticello Gardens is a 167-unit, six-story, elevator building that was erected in 1951. It offers waitlist parking, laundry facilities, bicycle storage, and a live-in super. The building has no flip tax and permits pets, as well as sublets, with board approval as per house rules. It is within a short distance of all local amenities and transportation.

Showings are by appointment. Call to schedule!

Home Features

  • •Common Area
  • •Laundry Room

Estimated Monthly Payment

$5,062 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,449
Property Taxes
$0
Maintenance/Common Charges
$1,613

Estimated Rebate for this Home

One-time rebate at closing

$10,470

Monthly savings impact

$29/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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★ Sponsor Unit

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Listing Courtesy of Compass

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Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of CORE Group Marketing LLC

Data Source: TRESTLE #RLS20058067

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 37-56 87th Street against the surrounding Jackson Heights market.

Based on 2 active units in building vs 56 in area

Average List Price

Building$468.5K
Neighborhood$502.2K

Price Per SqFt

Building Avg$4/ft²
Neighborhood Avg$380/ft²
Value Opportunity

98.91% Lower

than the Jackson Heights price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Jackson Heights

Overview of Jackson Heights

Jackson Heights is the most diverse neighborhood in the world. Literally. With over 160 languages spoken, it is a sensory explosion of color, culture, and cuisine. For buyers seeking Jackson Heights Queens real estate, it offers historic garden apartments and a vibrant street life.

Living in Jackson Heights is an adventure. You travel from India to Colombia in a single block. As a Queens NYC neighborhood, it is a global destination.

Real Estate & Housing Market

The market for homes for sale in Jackson Heights is famous for its "Garden Apartments"—historic co-ops built around massive private internal gardens.

These pre-war gems are highly sought after and landmarked.

Lifestyle & Community

The lifestyle in Jackson Heights is communal. The Open Streets on 34th Ave have transformed the neighborhood.

The community is a mix of South Asian, Latino, and increasingly young families seeking space.

Transportation & Accessibility

Jackson Heights is a express stop (Roosevelt Ave) for the E, F, M, R and 7 trains. Commuting is fast.

Parks, Schools & Amenities

Travers Park is the main public park. The internal gardens of the co-ops are the real secret.

Amenities: The jewelry stores on 74th St and the arepa carts on Roosevelt Ave.

Who This Neighborhood Is Best For

Jackson Heights is best for diversity lovers, garden enthusiasts, and those who want a vibrant, non-gentrified feel.

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