The Amherst

The Amherst is a Co-op located 34-40 78th Street, in Jackson Heights, Jackson Heights. The building was first built in 1951 and is 73 years old. The lot that the building was built on is 370 feet wide and 100 feet long. The official lot area is listed as 37,000 square feet. The building itself is 369 feet wide and 67 feet long. In total, 34-40 78th Street has a total floor area of 114,000 square feet. Of that, 114,000 square feet are used for residential purposes. There are a total of 162 units. Of those, 162 are residential units. 34-40 78th Street 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 155 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 171 days and tend to sell below the original asking price of $295,000 by 8.13%. The transaction that took the longest to complete was unit 1F, listed on Nov 30, 2022 for $329,000. This particular unit ultimately sold 350 days later for $240,000. The most recent transaction was for unit 5C, sold for $400,000 on Feb 16, 2024. Fun fact, the oldest transaction we have on record took place on Jan 31, 1966. See the full transaction history for The Amherst below.

Jackson Heights, where 34-40 78th Street is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $295,000. For interested buyers, that means the building's median asking price is around 0.16% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.