Joylaine

Joylaine is a condo located 112-15 72nd Road, in Forest Hills, Forest Hills. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 100 feet wide and 313 feet long. The official lot area is listed as 31,370 square feet. The building itself is 77 feet wide and 165 feet long. In total, 112-15 72nd Road has a total floor area of 64,003 square feet. Of that, 61,278 square feet are used for residential purposes. About 2,725 square feet of the building are used for commercial purposes. There are a total of 61 units. Of those, 60 are residential units. There are 1 commercial units. 112-15 72nd Road has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For those who love to work out, there is a fitness center. There are 34 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 142 days and tend to sell below the original asking price of $290,000 by 4.96%. The transaction that took the longest to complete was unit 404, listed on Sep 09, 2021 for $415,000. This particular unit ultimately sold 292 days later for $375,000. The most recent transaction was for unit 205, which was first advertised on Feb 26, 2023, sold for $264,500 on Jul 18, 2023. Fun fact, the oldest transaction we have on record took place on Nov 25, 1974. See the full transaction history for Joylaine below.

Forest Hills, where 112-15 72nd Road is located, has a median asking price of $749,000 for condo buildings. Meanwhile, the building itself has a median asking price of $290,000. For interested buyers, that means the building's median asking price is around 0.61% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $339,900. It is a 1-bedroom and 1-bathroom unit.