Leighton G. Ashley
Licensed RE Associate Broker
REALTOR®, RSPS - Resort & Second Home Property Specialist; SRS - Seller Representative Specialist
Property Description
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
7141 Loubet Street | MLS# 997121
This single family home located at 7141 Loubet Street , Forest Hills, NY 11375 is currently listed for sale with an asking price of $1,698,888. This property was built in 1935 and has 6 bedrooms and 3 full baths with 2057 sq. ft. Loubet Street is located within the Queens 28 school district. Search Forest Hills real estate on leighton-ashley.timberlandproperties.com today.
Gallery
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Cooling: Electric
Garage: 99.9
Heating: Natural Gas
Home Style: Contemporary
Lot Size: 0.07 Acres
Taxes: $5,381
Year Built: 1935
Amenities
First Floor Bedroom
First Floor Full Bath
Ceiling Fan(s)
Eat-in Kitchen
Formal Dining
High Ceilings
Pantry
Primary Bathroom
Master Downstairs
Stone Counters
Storage
Tile Counters
Walk Through Kitchen
Feature Descriptions
Appliances: Cooktop, Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Oven, Range, Refrigerator
Attic: Finished, Full, Stairs
Exterior: Brick, Frame, Vinyl Siding
Formal Dining: Yes
GarageY/N: Yes
On Market Date: 2026-05-08
Parcel Number: 03243-0047
Parking Features: Off Street, Private
Rental Term: Monthly
Rooms Total: 15
Sewer: Public Sewer
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected
Water: Public
Local Schools
High School: Forest Hills High School
Middle School: Jhs 190 Russell Sage
Elementary School: Ps 101 School In The Gardens
School District: Queens 28
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7141 Loubet Street , Forest Hills, NY 11375
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Estimated Payment
$ 4,724.92 per month $3,780.99 Principal & Interest $448.42 Property Tax $495.51 Homeowner's InsuranceChange Payment Information
Demographics
Listed By / Shown By
Listing By
Agency Name: Feast Realty Group LLC
Agency Contact: 718-683-2978
Shown By
Agent Name: Leighton G. Ashley
Agent Phone: Cell: (917) 796-3351
Agency Title: Timberland Properties
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7141 Loubet Street , Forest Hills, NY 11375
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Leighton G. Ashley Licensed RE Associate Broker
Office: (845) 657-4177
Cell: (917) 796-3351
Email Me
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