Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
107-40 Queens Boulevard #16G
Interested in this property?
Active For Sale Co-op

$289,000

$482 per sq ft

107-40 Queens Boulevard #16G

Forest Hills, Queens

Lane Towers

MLS® #RLS20067018

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

600

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 600 sq ft
Year Built 1965
Ownership Co-op
Maintenance $1,238/mo
Property Taxes $168/yr
Parking Garage
Neighborhood Forest Hills
Floor 16 of 18

Property Highlights

  • Views: City, Park Greenbelt, Garden
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 18
View City, Park Greenbelt, Garden
Exposure South
Cooling Other
Pets Yes
Year Built 1965
Living Area 600 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 03239-1005-00107-040-000016G
Block/Lot 03239/7501

Listing History

Event Date Price Change
Listed Jan 14, 2026 $299,000 -
Currently May 5, 2026 $289,000 -3.3%

Description

Bright Convertible 1 Bedroom with City Views at Lane Towers | Hardwood Floors, Wide Windows, 24-Hour Doorman, Community Terrace Welcome home to this sun-filled convertible 1-bedroom residence at Lane Towers, where classic comfort meets unbeatable convenience. Featuring hardwood floors throughout and oversized windows, this inviting apartment is drenched in natural light and offers beautiful open city views. The layout provides a flexible living and sleeping area, perfect for both relaxing and entertaining. Central air conditioning and heat ensure year-round comfort, while generous windows enhance the sense of space and brightness. Cats are welcome, making this an ideal option for pet lovers (sorry, no dogs). Lane Towers is a well-established luxury high-rise cond-op offering a full suite of amenities, including a 24-hour doorman, live-in super, onsite management office, and laundry rooms conveniently located on every floor. Residents also enjoy access to a community room for gatherings and an expansive 18th-floor terrace with sweeping views of Forest Hills greenery and the Manhattan skyline. A parking garage is available in the building and is currently waitlisted. Verizon Fios is enabled. Perfectly positioned in the heart of Forest Hills, the building sits just steps from the E, F, M, and R express subway lines, multiple bus routes, and the Long Island Rail Road—bringing Midtown Manhattan within approximately 15 minutes. Outside your door, explore Austin Street’s renowned shopping and dining scene, weekly farmers markets, and beloved summer concerts. Nearby favorites include classic scoops at Eddie's Sweet Shop, Mediterranean fare at Nick's Bistro, Asian fusion at Jade Eatery, Latin flavors at Cabana, and neighborhood pizza staples like Nick's Pizza. Enjoy local boutiques along Austin Street, bakeries such as Fay Da Bakery, and specialty shopping at Cipollina Gourmet Market. If you’re seeking vibrant city living with true neighborhood charm, Lane Towers is the place to be.

Features & Amenities

Interior Features

Soaking Tub Building Multiple Locations Common On Floor Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Concierge Elevators

Building Information

Building Lane Towers
Building Data View Compliance & Permits
Total Units 166
Stories 18
Structure HighRise

Financial Details

Maintenance $1,238/mo
RE Taxes $168/yr ($14/mo)
Original Price $299,000
Previous Price $299,000

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

64

Median Asking Price

$630K

Median $/Sqft

$711

Avg Days on Market

N/A

New This Week

5

Price Reduced

36%

Sold (30 Days)

9

Median Sale Price

$810K

Live data from RLS at REBNY • Updated 5/4/26, 10:08 PM EST

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Location

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107-40 Queens Boulevard #16G, Forest Hills, Queens County

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 monthly maintenance are $1,238 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $168, or roughly $14 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1965, making it approximately 61 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker. Additional notes: Emotional & Service Dogs allowed

At the current list price of $289,000 for 600 sq ft, the asking price per square foot is approximately $482. 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 [email protected]. 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: RLS20067018
First Listed: 1/14/2026
On Market: 1/14/2026
Price Changed: 1/28/2026
Contract Date: 1/1/2026

Listing Courtesy of Compass - EUGENE LITVAK

Listing Contact: (347) 254-5606

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 5/5/2026 at 2:08 AM UTC

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