112-50 78th Avenue

112-50 78th Avenue is a Co-op located 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 358 feet wide and 150 feet long. The official lot area is listed as 52,753 square feet. The building itself is 300 feet wide and 120 feet long. In total, 112-50 78th Avenue has a total floor area of 112,500 square feet. Of that, 112,500 square feet are used for residential purposes. There are a total of 85 units. Of those, 85 are residential units. 112-50 78th Avenue 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. 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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 108 closings on record, of which we have matching data for 23 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days and tend to sell below the original asking price of $332,000 by 3.20%. Meaning, listings tend to sell at a median of $511 price per square foot. The transaction that took the longest to complete was unit 3N, listed on Mar 08, 2022 for $269,000. This particular unit ultimately sold 345 days later for $265,000. The most recent transaction was for unit 6H, which was first advertised on Jun 06, 2023, sold for $325,000 on Oct 02, 2023. Fun fact, the oldest transaction we have on record took place on Oct 01, 1985. See the full transaction history for 112-50 78th Avenue below.

Forest Hills, where 112-50 78th Avenue is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $332,000. For interested buyers, that means the building's median asking price is around 0.05% 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.

There are currently 3 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 $390,000. 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 $180,000. It is a 450 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $335,000. Active units for sale at 112-50 78th Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.