7141 Loubet Street, Forest Hills, NY 11375 (MLS # 954375)
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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
| DAYS ON MARKET | 82 | LAST UPDATED | 1/22/2026 |
|---|---|---|---|
| YEAR BUILT | 1935 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Ps 101 School In The Gardens |
|---|
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished |
| CONSTRUCTION | Brick, Frame, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard |
| INTERIOR | Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Master Downstairs |
| LOT | 3141 sq ft |
| PARKING | Driveway |
| SEWER | Public Sewer |
| TAXES | 5180.72 |
| UTILITIES | Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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