107-40 Queens Boulevard #16G, New York City, NY 11375
Listing Courtesy of Compass
$299,000
Potential Rebate: $4,485
Overview
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.
Home Features
- •Building Multiple Locations
- •Common On Floor
- •Garage
- •Soaking Tub
- •Hardwood
- •City
- •Park/Greenbelt
- •Garden
Building Amenities
- •Garage
Estimated Monthly Payment
$2,729 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$4,485
Monthly savings impact
$12/mo
Effective Purchase Price
$294,515
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20067018
RLS at REBNY
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RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20067018
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 107-40 Queens Boulevard against the surrounding Forest Hills market.
Average List Price
Price Per SqFt
35.02% Lower
than the Forest Hills price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
