Property Description

Welcome to Lane Towers, a highly sought-after luxury, fireproof concrete high-rise with 24-hour doorman service, ideally located in the heart of Forest Hills. This sun-filled studio apartment, in excellent condition, offers a flexible layout and can easily be converted into a one-bedroom.The apartment features hardwood floors throughout, generous closet space, and a desirable south-facing exposure, providing abundant natural sunlight throughout the day. The kitchen is in great condition, the space is thoughtfully laid out to maximize light, comfort, and functionality.Lane Towers offers a full suite of amenities, including laundry on every floor, 24-hour doorman, two elevators plus a freight elevator, package room, community/party room, bicycle room, storage units (waitlist), and indoor garage parking (approximately a 4-month waitlist). Residents also enjoy a public roof terrace on the 18th floor with stunning panoramic views of the Manhattan skyline and Forest Hills Gardens. The building features automatic sliding entry doors, on-site management, a live-in superintendent, and solid concrete construction that ensures excellent sound insulation.The location is truly exceptional. Just one block from Austin Street, enjoy premier shopping, dining, cafes, movie theaters, Trader Joe's, supermarkets, and banks. Transportation is effortless with access to the E, F, M, and R subway lines, express buses, and the Long Island Rail Road just a short distance away, making commuting to Manhattan or Long Island seamless. Nearby attractions include Forest Hills Stadium, West Side Tennis Club, Forest Hills Gardens, Forest Park, Flushing Meadows-Corona Park, houses of worship, and convenient access to JFK and LaGuardia airports.Current Maintenance: $1,325/month (includes Central A/C, Heat & Cooking Gas)Includes a temporary special assessment.True base maintenance (before assessment): $1,107.64/month.Estimated electric bill: approx. $40/monthSubletting: Permitted after 2 years with board approvalFlip Tax: 1% after 2 years of ownership; 2% if sold within 18 monthsPets: Cats allowed (no dogs)Co-op Board Application & Interview RequiredA rare opportunity to own a bright, south-facing studio with easy one-bedroom conversion potential in one of Forest Hills' most desirable full-service buildings.

Property Features

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