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107-40 Queens Boulevard PH1Queens, NY 11375

For Sale

$1,500,000

Smart Buyer Rebate $18,750

Iconic Duplex Penthouse - Panoramic Skyline Views & Expansive Terraces Crowning Lane Tower, one of Forest Hills' most sought after co-op high-rises, this extraordinary five-bedroom, three-full-bath Duplex Penthouse offers a rare combination of grand scale, amazing views, and exceptional outdoor space-just one block from the express subway, Long Island Railroad, and Austin Street's renowned shopping and dining. The residence encompasses approximately 2,750 square feet of interior living space, thoughtfully arranged across two expansive levels that live like a private home in the sky. Oversized windows throughout frame dramatic Manhattan skyline views and an awe-inspiring 300-degree panorama spanning Brooklyn and Queens. From this commanding vantage point, the view is nothing short of spectacular: every major bridge, Flushing Meadows-Corona Park with its two lakes, Citi Field, and the historic Forest Hills Tennis Stadium, with sweeping open vistas across neighborhoods in every direction. There are five large bedrooms, allowing for generous primary, guest, home office, or media room configurations. One of the three bathrooms is oversized and luxuriously appointed, creating a true primary-suite experience. A cook's kitchen anchors the home, offering ample workspace and storage for serious cooking and entertaining. Four private terraces-totaling approximately 1,000 square feet of outdoor space-create seamless indoor-outdoor living rarely found in Forest Hills. A place for entertaining, relaxing, or simply taking in the ever-changing skyline, these terraces elevate the penthouse to an exceptional offering. Set within a doorman, full-service, impeccably maintained co-op, Lane Tower delivers prestige, privacy, and convenience in one of Queens' most coveted residential locations. A rare opportunity to acquire a true penthouse duplex combining huge interior space, fabulous outdoor areas, and sweeping views in the heart of Forest Hills.

Listed by Alan B Mann

·

Douglas Elliman Real Estate

·

(917) 951-7871

Last updated January 28, 2026

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Source: REBNY #RLS20068993

Listing Facts

  • TypeCo-op
  • NeighborhoodForest Hills
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu3
  • HOA/Maint. Fees$4,545/month
  • Size3,000 sqft
  • Price per sqft$500

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

01/28/2026
Listed by Douglas Elliman Real Estate
$1,500,000

Estimated Closing Costs

Total
$24,500
Attorney Fees
$4,000
NYC Mansion Tax
$15,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,500,000 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 107-40 Queens Boulevard PH1

Association

Amenities

  • Pets Allowed: Building No, No
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $4,545.00 Monthly

Exterior

Construction

  • Number Of Units Total: 162
  • Stories Total: 19
  • Structure Type: High Rise
  • Year Built: 1960
  • Building Name: Lane Towers
  • Entry Level: 19

Features

  • Patio And Porch Features: Terrace, Wrap Around
  • View: Bridge(s), City Lights, City, Park/Greenbelt, Panoramic

Interior

Measurements

  • Living Area: 3,000
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Rooms Total: 12

Other

Location

  • City Region: Queens
  • Subdivision Name: Forest Hills
  • Tax Block: 03239
  • Tax Lot: 7501

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 5 bedrooms and 3 bathrooms in this co-op at 107-40 Queens Boulevard PH1.

How does 107-40 Queens Boulevard PH1 compare to other co-ops in Forest Hills?

This co-op is listed 242% above the average price for co-ops in Forest Hills and has been on the market for 98 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the Lane Towers building.

What is the square footage on this co-op?

According to the MLS, this listing is 3,000 sqft.

107-40 Queens Boulevard PH1 is a 5-bedroom, 3-bath co-op for sale in Queens NY 11375. On Prevu for 3 days at $1,500,000. This property features 3,000 square feet of living space, located in Forest Hills. The median listing price for co-ops in this area is $499,000. Additional amenities include private outdoor space and doorman. View other co-op listings in Queens.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., 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.