Updated 3 days ago
In contract

Monticello Gardens

37-50 87th Street, 5

Jackson Heights, Queens | 37th Ave & Roosevelt Ave

Studio 1 BathCo-op Resale

$238,000
Maintenance$615

Listing Features

  • Microwave
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • East Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Storage

Policies

  • Pets Allowed

Property Description for 37-50 87th Street, 5

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.

Listing History for 37-50 87th Street, 5

Now
07/15/2026
Contract Out by Shadaby Azam
eXp Realty NYC
06/09/2026
$238,000 [-$1,000] [0.4%]
Price Drop by Shadaby Azam
eXp Realty NYC

Building Details for 37-50 87th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built1951
Financing Allowed80%
Floors/Apts6/42
Learn More About the Building

Transit and Citi Bike

Subway

90 St-Elmhurst Av
0.15 miles
82 St-Jackson Hts
0.22 miles
Elmhurst Av
0.43 miles

Citi Bike

87 St & Roosevelt Ave
0.02 miles
86 St & 37 Ave
0.12 miles

Building Availability

APPSF
Median
Average
-
$238,000
$238,000
$438
$219,000
$219,000
Last 12 months
$432
-
-

Studio in Jackson Heights

APPSF
Median
Average
$633
$244,000
$240,750
$463
$220,000
$226,000

Jackson Heights | Queens

Quick Profile

Jackson Heights has one of the most diverse populations in the city, and over 100 languages are spoken here. With this cultural diversity comes supporting restaurants, bars, shops and cultural opportunities. It is a mix of commercial and residential properties. There is a wide range of shops and service businesses, so that anything you would need, from a barber, to a pharmacy, to clothing, and food is available right in the neighborhood, no matter which culture or language you might need these services provided in. 

Jackson Heights has three nicknames, based on micro-neighborhoods with the neighborhood as a whole. Little India occupies an area on 74th Street, while parts of 73rd Street are known as Little Pakistan. Little Columbia is along 37th Avenue.

A large portion of Jackson Heights has been designated as an historic district, from Roosevelt Avenue to Northern Boulevard, between the east side of 76th Street to the west side of 88th Street.

Jackson Heights was a planned community, where the first “garden apartments” were created in buildings constructed around central gardens and green spaces that gave neighbors a place to meet and socialize with one another, created places for children to play, allowing light to come into the apartments and air to flow freely through them. These gardens are private and only residents have access to them. Passing by the buildings, you might not even guess the gardens were there, as they are not generally visible from the street. 

Additionally, there are some mid-rise apartment buildings. Some of these are rentals, some are co-ops, and some are condos. There are a few attached row houses that provide housing for one to three families. 

As much as Jackson Heights might be full of noise and mix of cultures, it also has a quieter side, where the various cultures mix and mingle and learn about each other against a backdrop of beautiful architecture and a culinary landscape that brings the world to Queens.

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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.
OLR ID: 2182848