7141 Loubet Street, Forest Hills, NY 11375

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