
107-40 Queens Boulevard 4M, Forest Hills, NY 11375
Queens County
Key Facts
Description
Welcome to Lane Towers, a highly sought-after luxury, fireproof concrete high-rise with 24-hour doorman service, ideally located in the heart of Forest Hills. This sun-filled studio apartment, in excellent condition, offers a flexible layout and can easily be converted into a one-bedroom. The apartment features hardwood floors throughout, generous closet space, and a desirable south-facing exposure, providing abundant natural sunlight throughout the day. The kitchen is in great condition, the space is thoughtfully laid out to maximize light, comfort, and functionality. Lane Towers offers a full suite of amenities, including laundry on every floor, 24-hour doorman, two elevators plus a freight elevator, package room, community/party room, bicycle room, storage units (waitlist), and indoor garage parking (approximately a 4-month waitlist). Residents also enjoy a public roof terrace on the 18th floor with stunning panoramic views of the Manhattan skyline and Forest Hills Gardens. The building features automatic sliding entry doors, on-site management, a live-in superintendent, and solid concrete construction that ensures excellent sound insulation. The location is truly exceptional. Just one block from Austin Street, enjoy premier shopping, dining, cafes, movie theaters, Trader Joe’s, supermarkets, and banks. Transportation is effortless with access to the E, F, M, and R subway lines, express buses, and the Long Island Rail Road just a short distance away, making commuting to Manhattan or Long Island seamless. Nearby attractions include Forest Hills Stadium, West Side Tennis Club, Forest Hills Gardens, Forest Park, Flushing Meadows–Corona Park, houses of worship, and convenient access to JFK and LaGuardia airports. Current Maintenance: $1,325/month (includes Central A/C, Heat & Cooking Gas) Includes a temporary special assessment. True base maintenance (before assessment): $1,107.64/month. Estimated electric bill: approx. $40/month Subletting: Permitted after 2 years with board approval Flip Tax: 1% after 2 years of ownership; 2% if sold within 18 months Pets: Cats allowed (no dogs) Co-op Board Application & Interview Required A rare opportunity to own a bright, south-facing studio with easy one-bedroom conversion potential in one of Forest Hills’ most desirable full-service buildings.
Property Information
Property Type
Residential
Sub-Type
Stock Cooperative
Style
Other
Year Built
1965
Living Area
615 sq ft
Garage Spaces
1
Days on Market
158
MLS® Listing#
953677
Property Features
Interior
Appliances
Cooling
Heating
Basement
Laundry
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Acad For Excellence-Arts (The)
- Middle:
- Forest Hills High School
- High:
- Forest Hills High School
Affordability Calculator
$47,000
Estimated monthly payment
$1,251/mo
Principal $188,000 · Est. interest $262,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Forest Hills, NY
- $526,829
- Median Listing Price
- 64
- Median Days on Market
- 1,000
- Median Sq Ft
- $498
- Median Price / Sq Ft
- 458
- Active Listings
- This home’s price is 55% below the area median.
- Its price per sq ft is 23% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Forest Hills, NY.
Location
Points of Interest in Forest Hills, NY
Showing the Forest Hills area map.
Nearby Schools
Excellent Chinese Learning School
School · 0.2 mi away
Happy Faces Preschool
School · 0.3 mi away
P. S. 303
School · 0.3 mi away
PS Q196 Annex
Elementary · 0.3 mi away
Bnos Malka Academy
School · 0.4 mi away
Russell Sage Junior High School
Secondary · 0.4 mi away
J. H. S. 190 Russell Sage
Secondary · 0.4 mi away
PS 196
Elementary · 0.4 mi away
Forest Hills Gardens Foundation
Elementary · 0.4 mi away
Ps101q
Elementary · 0.4 mi away
Preschool of America
School · 0.5 mi away
Yeshiva Binat Chaim - Boys
School · 0.6 mi away
Yeshiva Sha'Arei Zion Ohel Bracha
School · 0.6 mi away
The Ramones Way
School · 0.6 mi away
Forest Hills High School
Secondary · 0.6 mi away
PS 144
Elementary · 0.6 mi away
Forest Hills Montessori School
Elementary · 0.6 mi away
Our Lady of Mercy Catholic Academy
School · 0.6 mi away
Yeshiva Gedola Lubavitch Chabad Queens
School · 0.7 mi away
P. S. 175 the Lynn Gross Discovery School
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 84-49 168th Street 1F, Jamaica Hills, NY | $168,000 | 1 | 1 | 700 |
| 10712 71st Road, Forest Hills, NY | $170,000 | — | — | 2,376 |
| 84-49 168th Street 2V, Jamaica Hills, NY | $180,000 | 1 | 1 | 800 |
| 150-11 72nd Road 6E, Kew Garden Hills, NY | $180,000 | — | 1 | 600 |
| 62-59 108th Street 4C, Forest Hills, NY | $185,000 | — | 1 | 400 |
| 67-66 108th Street A38, Forest Hills, NY | $189,000 | 1 | 1 | — |
Moving Cost Estimate
EXIT Agents in Forest Hills
Listing Courtesy: Keller Williams Landmark II - 3478461200
Presented by: Carlos Delgado
Fair Housing Notice













