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$2,849,500
List Price: $2,850,000
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87-02 Palermo Street
House in Jamaica Estates •  building info
7bd • 3.5ba • 5,400ft² $528 per ft²
Buy with Yoreevo

$2,849,500

List Price

$2,850,000

Key Details
Days on market
288
Last price change
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Estimated payment
$17,590
Taxes
$1,377
Monthly maintenance
N/A
Description
Welcome to 8702 Palermo Street nestled in tranquil Holliswood. This expansive property spans over Sixteen thousand square feet, is uniquely private, and features a massive backyard thoughtfully designed as an oasis. Enclosed within its bounds are lush lawns, gardens, patios and terrace areas. The home boasts a well-thought-out layout, offering spaciousness, convenience, and elegance. As you approach, a winding driveway leads the way to a 2-car attached garage, ensuring convenience and seclusion. Step inside this brick center hall colonial masterpiece. On the main level, a stately foyer, adorned with a grand staircase and uniquely high ceilings, set the tone of splendor in every space. A grand parlor, at the left wing, features a charming fireplace and ample space to entertain. Expansive windows capture the golden hues of the rising and setting sun, bathing the room in a warm and inviting glow. An intimate and casual family room is enhanced by panoramic window views, creating a comfortable and inviting space for relaxation and enjoyment. The formal dining room is located in the right wing of the home. A U-shaped eat-in kitchen with Mediterranean design features tiled floors, custom cabinets, and a decorative backsplash. Seamless paneled appliances, including a Wolf stove top and dual wall oven, along with a Sub-Zero fridge, offer modern convenience coupled with chic finishes. A well-placed powder room seamlessly matches the decor of the home. On the secomd level, the main bedroom boasts his and hers closets, a spacious bathroom, and a large private deck. Three more spacious bedrooms offer ample closets, abundant natural light, and expansive views. An additional spacious full bathroom with stand up shower. The third level is finished with high ceilings, exudes a sense of airiness, features closets, two bedrooms, and additional sprawling views. The garden level basement, situated above ground, boasts front and rear entrances, expansive windows, a holiday kitchen, and a spacious living room. An extra large full bathroom with stand up shower and two extra bedrooms cater to guests and household staff. This home features 10-foot ceilings on the first level and 9-foot ceilings on the second level. The full finished third level adds versatility and additional living space to suit your needs. Expansive windows throughout the home flood the interiors with natural light, creating a warm and inviting atmosphere. The huge backyard is impressively designed with a perfectly flowing layout, complemented by a botanical wonder rare to be found in New York City's five boroughs, all within thirty minutes from Manhattan. A large terrace connected to the kirchen is perfect for BBQs and picnics, while a second separate patio, can be dedicated to a fire pit in the evenings or sun bathing. Children and adults will also delight in the tremendous space that is completely closed off. Properties of this caliber in such a prime location are rarely available. Schedule a showing with me today before this opportunity is gone!, Additional information: Interior Features:Guest Quarters,Lr/Dr,Marble Bath

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Fireplace
Dishwasher
Building Amenities
Patio
Garage Parking
Parking Available
Outdoor Space
Private Roof Deck
Building info

History
What it'll cost
Purchase price
$2,850,000
Asking Price: $2,850,000
Term
30 Years
Down Payment
$285,000 (10%)
Min: 10% (285,000)
Rate
6.5 %
Mortgage Amount
$2,565,000
Mortgage Payment
$16,213
Taxes
$1,377
Estimated Yoreevo rebate
$500
Estimated closing cost
$103,000
Total monthly cost $17,590
Buy your dream home with us and get an estimated $500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Keystone Realty USA Corp

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.