37-56 87th Street
About this property
Step into this beautifully renovated 1-bedroom apartment, located on the fifth floor of the well-maintained six-story Monticello building in the heart of Jackson Heights. This sun-drenched apartment has just been updated with brand-new floors, a modern kitchen, a fully renovated bathroom, and fresh paint throughout—ready for you to move right in! The apartment features a smart, practical layout that makes everyday living comfortable and efficient. Natural light pours in, creating a warm and inviting atmosphere. The building offers convenient on-site laundry and is ideally situated near the 7 train, making your commute to Manhattan a breeze. Enjoy everything this vibrant neighborhood has to offer, from diverse dining to great shopping, all just steps from your door. Pet lovers will appreciate the building’s pet-friendly policy, and owners enjoy the added benefit of subletting after just two years. Don't miss this perfect blend of style, comfort, and location in one of Queens’ most dynamic communities!
Listing details
- Property Type
- Residential
- Sub-Type
- Stock Cooperative
- Year Built
- 1951
- Living Area
- 615 sqft
- County
- Queens
- MLS #
- KEY1037570
- Status
- Active
Street view & aerial
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FMR for Jackson Heights, NY 11372
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11372
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 BedroomSubject | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 Bedroom | $3,324 | $39,888 |
| 4 Bedroom | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
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Questions about this listing
Is 37-56 87th Street in Jackson Heights still available?
Inventory changes daily. 37-56 87th Street is currently listed as Active in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.

Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 09/25/2026, 03:31 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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