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2427 78th StreetEast Elmhurst, NY 11370

For Sale

$999,000

Smart Buyer Rebate $12,475

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 savvy investors or people looking to reside in one unit and receive income from the other.

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!

Listed by John Constantinides

·

Compass Greater NY LLC

·

917-903-1606

Last updated October 24, 2026

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Source: OneKey #1061459

Listing Facts

  • TypeMulti-family
  • NeighborhoodJackson Heights
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu19
  • Taxes$10,400/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/12/2026
Listed by Compass Greater NY LLC
$999,000
  1. 10/12/2026$999,000
    Listed by Compass Greater NY LLC

Estimated Closing Costs

Attorney Fees
$4,000
Title Insurance
$4,496
Bank Attorney
$1,500
Mortgage Recording Tax
$15,384
Other Closing Costs
$4,000
Total
$29,380

Estimated closing costs are based on the list price of $999,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 2427 78th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1955
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,086
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,200

Financial

Residential Income

  • Cap Rate: 11370.0

Taxes

  • Parcel Number: 01042-0061
  • Tax Annual Amount: $10,400.00
  • Tax Assessed Value: $59,100.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Driveway
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Ps 2 Alfred Zimberg
  • Elementary School District: Queens 30

High School

  • High School: Frank Sinatra School Of The Arts Hs
  • High School District: Queens 30

Middle or Junior School

  • Middle Or Junior School: Is 141 Steinway (The)
  • Middle Or Junior School District: Queens 30

Utilities

Equipment

  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 3 bedrooms and 2 bathrooms in this multi-family home at 2427 78th Street.

What schools are nearby to 2427 78th Street?

Nearby schools include the Ps 2 Alfred Zimberg Elementary School, Is 141 Steinway (The) Middle School, and Frank Sinatra School Of The Arts Hs High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 2427 78th Street.

What are the annual taxes for 2427 78th Street?

Annual taxes for this multi-family home are estimated at $10,400.

How does 2427 78th Street compare to other multi-family homes in Jackson Heights?

This multi-family home is listed 36% below the average price for multi-family homes in Jackson Heights and has been on the market for 133 less days than the typical home in this area.

2427 78th Street is a 3-bedroom, 2-bath multi-family home for sale in East Elmhurst NY 11370. On Prevu for 19 days at $999,000. This property is located in Jackson Heights. The median listing price for multi-family homes in this area is $425,000. Nearby schools include Ps 2 Alfred Zimberg Elementary School, Is 141 Steinway (The) Middle School, and Frank Sinatra School Of The Arts Hs High School. The home offers parking. Browse more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.