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107-40 Queens Boulevard #4M
Coop in Forest Hills •  building info
studio • 1ba • 615ft² $382 per ft²
List Price

$235,000

Listing Agent
Carlos Delgado  • Keller Williams Landmark II
Key Details
Days on market
42
Last price change
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Estimated payment
$1,127/mo
Taxes
Included in maintenance fees
Maintenance
N/A
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.

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Important Stuff
Elevator
Full Time Doorman
Unit features
Hardwood floors
View

City

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Package Room
Parking

Garage

Storage

Locker/Cage

Wheelchair Access
Wellness and recreation
Media Room
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$235,000
Asking Price: $235,000
Term
30 Years
Down Payment
$47,000 (20%)
Min: 20% (47,000)
Rate
6.0 %
Mortgage Amount
$188,000
Mortgage Payment
$1,127
Maintenance
$0
Estimated closing cost
$7,000
Total monthly cost $1,127
Listing Courtesy of Keller Williams Landmark II

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