Prevu by reAlpha
BuySellBlogBrowse Listings

7141 Loubet StreetForest Hills, NY 11375

For Sale

$1,698,000

Smart Buyer Rebate $21,225

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

Listed by MeiMei Wei

·

Feast Realty Group LLC

·

718-683-2978

Last updated January 23, 2026

·

Source: OneKey #954375

Listing Facts

  • TypeMulti-family
  • NeighborhoodForest Hills
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu9
  • Taxes$5,180.72/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Listed by Feast Realty Group LLC
$1,698,000

Estimated Closing Costs

Total
$60,270
Attorney Fees
$4,000
NYC Mansion Tax
$16,980
Title Insurance
$7,641
Bank Attorney
$1,500
Mortgage Recording Tax
$26,149
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,698,000 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 7141 Loubet Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1935
  • Construction Materials: Brick, Frame, Vinyl Siding

Measurements

  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Square Feet: 3,142

Financial

Taxes

  • Parcel Number: 03243-0047
  • Tax Annual Amount: $5,180.72
  • Tax Assessed Value: $100,740.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Primary Bathroom, Master Downstairs

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Parking

Parking

  • Garage Spaces: 250
  • Garage: Yes
  • Parking Features: Driveway

Schools

Elementary School

  • Elementary School: Ps 101 School In The Gardens
  • Elementary School District: Queens 28

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 3 bathrooms in this multi-family home at 7141 Loubet Street.

What schools are nearby to 7141 Loubet Street?

Nearby schools include the Ps 101 School In The Gardens Elementary School.

Does this multi-family home have parking?

Yes, there are 250 parking spaces available for 7141 Loubet Street.

What are the annual taxes for 7141 Loubet Street?

Annual taxes for this multi-family home are estimated at $5,180.

How does 7141 Loubet Street compare to other multi-family homes in Forest Hills?

This multi-family home is listed 36% above the average price for multi-family homes in Forest Hills and has been on the market for 92 less days than the typical home in this area.

7141 Loubet Street is a 6-bedroom, 3-bath multi-family home for sale in Forest Hills NY 11375. Available on Prevu for 9 days at $1,698,000. This residence is located in Forest Hills. The median listing price for multi-family homes in this area is $499,000. Nearby schools include Ps 101 School In The Gardens Elementary School. Additional amenities include parking. Explore 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.