The Balfour

The Balfour is a Co-op located 112-20 72nd Drive, in Forest Hills, Forest Hills. The building was first built in 1956 and is 68 years old. The lot that the building was built on is 355 feet wide and 320 feet long. The official lot area is listed as 113,664 square feet. The building itself is 277 feet wide and 89 feet long. In total, 112-20 72nd Drive has a total floor area of 238,128 square feet. Of that, 238,128 square feet are used for residential purposes. There are a total of 220 units. Of those, 220 are residential units. 112-20 72nd Drive has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 365 closings on record, of which we have matching data for 46 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days and tend to sell below the original asking price of $459,000 by 3.86%. Meaning, listings tend to sell at a median of $358 price per square foot. The transaction that took the longest to complete was unit B23, listed on Jul 28, 2021 for $350,000. This particular unit ultimately sold 336 days later for $339,888. The most recent transaction was for unit 808, sold for $599,000 on Feb 07, 2024. Fun fact, the oldest transaction we have on record took place on Jun 08, 1971. See the full transaction history for The Balfour below.

Forest Hills, where 112-20 72nd Drive is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $459,000. For interested buyers, that means the building's median asking price is around 0.31% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $395,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $385,000. It is a 845 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $390,000. Collectively, the median square footage of these active units for sale is 423 sqft. Active units for sale at 112-20 72nd Drive are mostly 1.5-bedroom apartments Active units for sale at 112-20 72nd Drive have a median count of 1.5 bedrooms and have a median count of 1 bathroom.