24-27 78th Street, New York City, NY 11370
Listing Courtesy of Compass
$990,000
Potential Rebate: $14,850
Overview
Welcome to this charming two-family home located on a serene, tree-lined street in the heart of East Elmhurst. This property offers an inviting atmosphere and versatile living space, making it an ideal choice for families or savvy investors.
Second Floor: This spacious unit features 2 bedrooms, a well-appointed bathroom, a cozy kitchen, a generous dining area, and a comfortable living room perfect for entertaining. Enjoy the outdoors year-round on the cozy covered balcony, a perfect spot for relaxation or tranquil morning coffees.
First Floor: This inviting 1-bedroom unit includes an open living room and an eat-in kitchen that leads to a private outdoor area—ideal for gardening and gatherings.
Additional Features:
- Large 1-car garage
- Additional parking spot in front
- Convenient location close to shopping, dining, and public transportation
Don’t miss out on this fantastic opportunity to own a lovely property in East Elmhurst!
Home Features
- •See Remarks
- •Garage
Building Amenities
- •Garage
Estimated Monthly Payment
$5,720 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,850
Monthly savings impact
$41/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
24-23 83rd Street, New York City, NY 11370
Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
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25+ Years
Experience
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20056235
Price Analysis
Compare average listing prices and value metrics for 24-27 78th Street against the surrounding Jackson Heights market.
Average List Price
Price Per SqFt
25.00% Higher
than the Jackson Heights price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Jackson Heights.
Jackson Heights
Overview of Jackson Heights
Jackson Heights is the most diverse neighborhood in the world. Literally. With over 160 languages spoken, it is a sensory explosion of color, culture, and cuisine. For buyers seeking Jackson Heights Queens real estate, it offers historic garden apartments and a vibrant street life.
Living in Jackson Heights is an adventure. You travel from India to Colombia in a single block. As a Queens NYC neighborhood, it is a global destination.
Real Estate & Housing Market
The market for homes for sale in Jackson Heights is famous for its "Garden Apartments"—historic co-ops built around massive private internal gardens.
These pre-war gems are highly sought after and landmarked.
Lifestyle & Community
The lifestyle in Jackson Heights is communal. The Open Streets on 34th Ave have transformed the neighborhood.
The community is a mix of South Asian, Latino, and increasingly young families seeking space.
Transportation & Accessibility
Jackson Heights is a express stop (Roosevelt Ave) for the E, F, M, R and 7 trains. Commuting is fast.
Parks, Schools & Amenities
Travers Park is the main public park. The internal gardens of the co-ops are the real secret.
Amenities: The jewelry stores on 74th St and the arepa carts on Roosevelt Ave.
Who This Neighborhood Is Best For
Jackson Heights is best for diversity lovers, garden enthusiasts, and those who want a vibrant, non-gentrified feel.
