Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $165,000

· Closed November 14, 2024

112-50 78TH Avenue #1M
Closed For Sale Co-op

$165,000

112-50 78TH Avenue #1M

Forest Hills, Queens

FOREST HILLS SOUTH

MLS® #RLS10993080

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

Studio

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1940
Ownership Co-op
Maintenance $681/mo
Neighborhood Forest Hills
Floor 1 of 6

Property Highlights

  • Views: River
  • Exposure: East,North facing
  • Character: Pre-war building (1940)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 6
View River
Exposure East,North
Pets Yes
Year Built 1940
Structure Type HighRise
Basement Other
Block/Lot 02270/0020

Listing History

Event Date Price Change
Listed Jul 22, 2024 $165,000 -
Currently May 17, 2026 $165,000 -

Description

Best Value Studio at Forest Hills South

Step into the quiet, NORTH-facing studio, offering views of the beautifully manicured garden at the Marlborough building. The layout maximizes every inch of space and features nine-foot ceilings and real oak hardwood floors. The main room is spacious enough to accommodate both a cozy sleeping area and a comfortable living space. The separate kitchen is ready for all your favorite appliances, including a dishwasher and gas-burning stove. There's also a generous dressing area that leads directly into the bathroom with a relaxing tub.

This unit has incredible potential and is priced to give you the perfect opportunity to transform it into your dream apartment. Don't miss out!

Forest Hills South Complex

Forest Hills South consists of 7 Georgian-style buildings set amidst several acres of landscaped gardens, exclusively for residents. For even more green space, Forest Park is a stone's throw away.

The buildings are well-maintained with new roofs, elevators, boilers, energy-efficient lighting, and modern amenities like a fitness center, updated laundry room, playroom, community room, bike storage, a part-time doorman, on-site maintenance and garage parking (waitlist).

Conveniently located just a block from the E/F express subway and bus routes, with the LIRR, major highways, shopping on Austin St, restaurants, Forest Hills Stadium, and the West Side Tennis Club all minutes away. Easy access to LGA and JFK airports completes the package.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

None

Building Amenities

Common Playroom Storage

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $681/mo
Sale Price $165,000

Forest Hills is a sought-after and architecturally distinctive Queens neighborhood known for its lush greenery and exceptional architecture. The area is famous for Forest Hills Gardens, a private community featuring stunning Tudor-style homes and winding streets. The broader neighborhood offers a mix of grand pre-war cooperatives, modern luxury condominiums, and the popular shopping and dining destination of Austin Street, providing a suburban feel within the city limits.

Forest Hills Live Market Data

View Neighborhood

Active Listings

68

Median Asking Price

$527K

Median $/Sqft

$621

Avg Days on Market

N/A

New This Week

7

Price Reduced

40%

Sold (30 Days)

4

Median Sale Price

$258K

Live data from RLS at REBNY • Updated 5/17/26, 6:55 PM EST

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Location

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112-50 78TH Avenue #1M, Forest Hills, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
6
Floors
85
Residential Units
R6
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,993,750
Land Value: $1,187,100
Exemptions: $114,998

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 52,753 SF
Building Area: 112,500 SF
Built FAR: 2.13
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $681 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1940, making it approximately 86 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10993080
First Listed: 7/22/2024
On Market: 7/22/2024
Closed: 11/14/2024
Contract Date: 7/22/2024

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - Anique Christie-Wallace

Listing Contact: (347) 443-4798

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 10:55 PM UTC

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