Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $615,000

· Closed March 21, 2022

107-40 Queens Boulevard #7-BC
Closed For Sale Condop

$615,000

$439 per sq ft

107-40 Queens Boulevard #7-BC

Forest Hills, Queens

Lane Towers

MLS® #RLS10761525

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

1,400

Sq. Ft.

1960

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,400 sq ft
Year Built 1960
Ownership Condop
HOA/Common Charges $2,067/mo
Parking Garage
Neighborhood Forest Hills
Floor 7 of 19

Property Highlights

  • Exposure: North,West facing
  • Parking: Private garage

Property Details

Type Condop
Ownership Condop
Total Rooms 6
Baths 3 Full
Floor 7 of 19
Exposure North,West
Pets Yes
Cross Street 70th Road/71st Street
Year Built 1960
Living Area 1,400 sq ft
Parking Garage Available
Block/Lot 3239/7501

Listing History

Event Date Price Change
Listed Apr 9, 2021 $615,000 -
Currently May 18, 2026 $615,000 -

Description

LANE TOWERS CONDOP Rarely available Bright 3 bedroom, 3 full bathroom opportunity. Residence 7BC is beautifully combined creating an open layout living room, separate modern kitchen, family room, and entry foyer. A primary en suite with double exposure and 2 additional bedrooms with ample closet space. Stunning city views from the common sundeck located on the 18th floor, laundry room conveniently located on each floor, 24 hour doorman luxury building with indoor parking. Building amenities: a full-time doorman, live-in resident manager, parking garage for residents and visitors, Rooftop Terrace and convenient laundry on every floor. Location: Close proximity to Forest Hills famed "Restaurant Row" on Austin Street and trains E, F, M and R. All shopping, LIRR and the beauty of Forest Hills Gardens and Stadium a few blocks away. No pets please.

Features & Amenities

Interior Features

Den Entrance Foyer Common On Floor Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Common Charges $2,067/mo
Sale Price $615,000

Forest Hills is a sought-after and architecturally distinctive Queens neighborhood known for its lush greenery and exceptional architecture. The area is famous for Forest Hills Gardens, a private community featuring stunning Tudor-style homes and winding streets. The broader neighborhood offers a mix of grand pre-war cooperatives, modern luxury condominiums, and the popular shopping and dining destination of Austin Street, providing a suburban feel within the city limits.

Forest Hills Live Market Data

View Neighborhood

Active Listings

68

Median Asking Price

$527K

Median $/Sqft

$621

Avg Days on Market

N/A

New This Week

5

Price Reduced

40%

Sold (30 Days)

4

Median Sale Price

$258K

Live data from RLS at REBNY • Updated 5/18/26, 5:50 AM EST

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Location

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107-40 Queens Boulevard #7-BC, Forest Hills, Queens County • Near 70th Road/71st Street

Building Information

Official NYC property records for this building

1965
Year Built
61 years old
18
Floors
162
Residential Units
C4-5X
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $12,159,899
Land Value: $692,550
Exemptions: $100,574

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,079 SF
Building Area: 208,336 SF
Built FAR: 67.66
Allowed FAR: 5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,067 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1960, making it approximately 66 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pet policy requires confirmation with the listing broker.

At the current list price of $615,000 for 1,400 sq ft, the asking price per square foot is approximately $439. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10761525
First Listed: 4/9/2021
Price Changed: 8/20/2021
Closed: 3/21/2022
Contract Date: 4/9/2021

Listing Courtesy of Compass - Nicholas Colombos

Listing Contact: (917) 453-9333

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 9:50 AM UTC

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