88-56 162nd Street

Address

88-56 162nd St

Income Range

$67,886 - $227,500

Neighborhood

Queens

Units

3

Description

88-56 162nd Street is a seven-story residential building in Jamaica, NY. It features 51 modern rental units with hardwood floors, in-unit laundry, and some with private balconies. The building provides residents with amenities such as an elevator, central air conditioning, a fitness center, bike storage, and 24-hour live-in superintendent services. Situated just a block from Hillside Avenue, it offers convenient access to public transportation, including the E, F, J, and Z subway lines, as well as various bus routes. The neighborhood boasts a variety of shops, restaurants, and parks, including the historic Rufus King Park.

For renewal leases beginning on or after October 1, 2024 and on or before September 30, 2025, the rent increase for rent stabilized apartment and loft renewals is:

One-Year Lease: 2.75%

Two-Year Lease: 5.25%

Available Units and Income Requirements
130% AMI Units
Unit Size Monthly Rent Units Available Household Size Annual Household Income
2-bedroom $2,079.00 1 2-5 people $67,886.00-$227,500.00
2-bedroom $2,110.19 1 2-5 people $72,343.00-$227,500.00
2-bedroom $2,279.00 1 2-5 people $78,138.00-$227,500.00

Amenities:

  • Covered parking
  • Washers and dryers in units
  • High-end kitchen appliances
  • High-end countertops and finishes
  • Air-conditioning
  • Hardwood floors
  • Smart controls for heating/cooling
  • Gymnasium
  • Intercommunication device

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