7141 Loubet Street

Forest Hills, NY 11375

About this property

Rare Legal Two-Family Asset Grandfathered Legal Two-Family A truly rare, legally approved two-family home built under prior zoning. In today's Forest Hills zoning environment, new legal two-family approvals are virtually impossible-making this an irreplaceable, long-term value asset. Highlights -Prime 72nd Ave location on a quiet, tree-lined block -Zoned for top-rated PS 101 (The Gardens) ~10-minute walk to E/F/M/R subway & LIRR ~25 minutes to Manhattan via LIRR -South-facing exposure with abundant natural light -Separate utilities for each unit -Unbeatable location with Enjoy Forest Hills West Side Tennis Club Layout: First Floor (rented $3,300/m +$1,600/m) Private entrance | 2 beds + large living + formal dining + full bath Side access to backyard | Separate meter Second Floor (rented $3,300/m) Private entrance | 3 beds + kitchen + full bath High-ceiling attic-ideal for large living space or office Separate meter Attic Bright, open, flexible use Basement (Separate Entrance) Laundry room( shared) Private entrance: Two bonus rooms (storage / office / recreation), full bath -2 electric meters, one solar power meter -Brand new roof with life guarantee -Low property tax Investment Summary -Extremely rare legal two-family in Forest Hills -Strong, stable rental income -Top school district & established neighborhood -Ideal for owner-occupant + income, multi-generational living, or pure investment

About this property

Rare Legal Two-Family Asset Grandfathered Legal Two-Family A truly rare, legally approved two-family home built under prior zoning. In today's Forest Hills zoning environment, new legal two-family approvals are virtually impossible-making this an irreplaceable, long-term value asset. Highlights -Prime 72nd Ave location on a quiet, tree-lined block -Zoned for top-rated PS 101 (The Gardens) ~10-minute walk to E/F/M/R subway & LIRR ~25 minutes to Manhattan via LIRR -South-facing exposure with abundant natural light -Separate utilities for each unit -Unbeatable location with Enjoy Forest Hills West Side Tennis Club Layout: First Floor (rented $3,300/m +$1,600/m) Private entrance | 2 beds + large living + formal dining + full bath Side access to backyard | Separate meter Second Floor (rented $3,300/m) Private entrance | 3 beds + kitchen + full bath High-ceiling attic-ideal for large living space or office Separate meter Attic Bright, open, flexible use Basement (Separate Entrance) Laundry room( shared) Private entrance: Two bonus rooms (storage / office / recreation), full bath -2 electric meters, one solar power meter -Brand new roof with life guarantee -Low property tax Investment Summary -Extremely rare legal two-family in Forest Hills -Strong, stable rental income -Top school district & established neighborhood -Ideal for owner-occupant + income, multi-generational living, or pure investment

Features and Additional Information

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$1,698,888 Active
2,057 sqft

Presented By Smitchger Realty

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Area Information

| Queens County |

$ 1,698,888
This listing is play_arrow 353.0% higher than the average in the area
$ 375,000 in the area
2,057 SqFt
This listing is play_arrow 135.1% larger than the average in the area
875 SqFt in the area
$ 826 $/SqFt
This listing is play_arrow 91.3% more than the average in the area
$ 432 $/SqFt in the area
180 days on site
This listing is play_arrow 77.3% above the average in the area
102 days on site in the area

Schools in the Area

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    Elementary School
    Ps 101 School In The Gardens
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    Middle School
    Jhs 190 Russell Sage
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    High School
    Forest Hills High School

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Listed By MeiMei Wei
Brokerage: Feast Realty Group LLC

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