---
title: "68-42 Loubet Street, New York City, NY 11375"
description: "68-42 Loubet Street, New York City, NY 11375 — Multi Family Home in Forest Hills, Queens, NY. Listing Price $1,188,000. In contract 9/1/2026. 3 bed, 3 bath, 2,202 sqft Illustrative Buyer Commission Share of $17,820 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11375/68-42-loubet-street-ny-11375"
source: "Real Estate Rebate Team"
dateModified: "2026-09-10T21:16:03.196Z"
status: "Pending"
---

# 68-42 Loubet Street, New York City, NY 11375

Multi Family Home in Forest Hills, Queens, NY

Courtesy of DGSIR Realty

Last updated: September 10, 2026, 5:16 PM

## At a Glance

- **Listing Price**: $1,188,000
- **Status**: In contract 9/1/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Total Baths**: 3
- **Sqft**: 2,202
- **Price per Sqft**: $540
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,188,000
- **Illustrative Buyer Commission Share**: -$17,820*
- **Illustrative Net Cost**: $1,170,180

*Illustrative Buyer Savings of $17,820 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![68-42 Loubet Street, New York City, NY 11375 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe0abfb9-088c-42ce-9a85-a9566f56e332.png)
![68-42 Loubet Street, New York City, NY 11375 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/62d0ee41-34d9-47a1-891f-a65f5dc13fc5.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e75cf917-0f28-4c6b-b58d-79e4ec8fbcb0.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0801d6e2-a97c-4ca2-ac68-6bd554dc02ad.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6ae05129-5645-417f-89bd-fd1a23350543.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a16c7a9-bb56-4ee1-bd6d-d9cf10465a73.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fb48c8dc-38d1-4845-99f0-751ebce3a0a8.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f71c656d-cf88-4846-afd9-0350407ee3ea.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b8fc601-d4d2-4093-af20-a620349ab454.jpg)
![68-42 Loubet Street, New York City, NY 11375 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b8b4de1-f368-49be-969c-ed1522f2d171.jpg)

## Property Overview

Welcome to this special detached home in the heart of Forest Hills, offering the rare advantage of a legal two-family layout with the comfort and flexibility that today's buyers value most. Whether you're looking for space for extended family, the opportunity for rental income, or simply room to grow, this property offers a variety of living options to fit your needs.

The first level features inviting and well-proportioned living spaces, including a comfortable living room, formal dining room, spacious kitchen, bedroom, powder room, and direct access to the backyard. Original hardwood floors add warmth and character throughout, while the bright kitchen is equipped with granite countertops, crisp white cabinetry, and stainless steel appliances.

Upstairs, the second-floor apartment provides a wonderful setup for extended family, guests, or tenants, complete with two generously sized bedrooms, a full bathroom, and a separate kitchen. The legal two-family designation offers flexibility while maintaining a welcoming and cohesive feel throughout the home.

A walk-up attic stretches across the full footprint of the house, creating valuable bonus space that can be tailored to your needs, whether as a home office, hobby room, fitness area, playroom, or additional storage.

The finished basement expands the home's functionality even further with high ceilings, a large recreation room, full bathroom, laundry area, and ample storage space.

Outside, you'll find a private fenced yard that's perfect for relaxing, gardening, or entertaining, along with the added convenience of a detached two-car garage with electrical service.

The location is one of Forest Hills' greatest attractions. Just a short distance from Austin Street and Metropolitan Avenue, you'll enjoy easy access to an outstanding selection of restaurants, cafés, boutiques, grocery stores, and everyday conveniences. Commuters will appreciate the nearby E, F, M, and R subway lines, the Long Island Rail Road, and several bus routes, providing a seamless trip into Manhattan and beyond.

Families will love being close to highly regarded PS144, as well as nearby parks, playgrounds, and the charming tree-lined streets that have made Forest Hills one of Queens' most desirable neighborhoods for generations.

Offering versatility, convenience, and a location that is always in demand, this is a wonderful opportunity to own a home that can adapt to your lifestyle for years to come.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 3
- **Total Baths**: 3
- **Rooms**: 7
- **Sqft**: 2,202 sqft
- **Stories**: 2
- **Year Built**: 1920
- **Price per Sqft**: $540
- **Listed On**: Apr 17, 2026
- **Days on Market**: 169 Days

### Residence Features

- Building In Basement
- In Basement

## Estimated Monthly Payment

**$6,007 / month**, assuming a 20% down payment ($237,600), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,007

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### How this price compares

- **This home**: $1,188,000
- **Median sold price**: $1,614,000
- **Difference**: -$426,000 (-26.4%)
- **This home, $/ft²**: $540
- **Comparable sales**: 12
- **Sales from**: December 2022 – July 2026
- **Middle half of those sales**: $1,260,000 – $1,959,750

Based on house sales in Forest Hills.

Square footage is recorded for only 3 of these 12 sales (25%), so no price per square foot is shown for this group. Floor areas are usually recorded for house sales, so this is a thin patch in the records rather than the norm.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Forest Hills. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 96.7% (12 sales)
- **Sold below asking**: 83% (12 sales)
- **Typical time to find a buyer**: 58 days (12 sales)
- **Typical time to close**: 72 days (12 sales)

Based on house sales in Forest Hills with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 68-42 Loubet Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/68-42-loubet-street)

## Price and Property History for 68-42 Loubet Street

Review the recorded listing activity for 68-42 Loubet Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $51,000, or 4.1%, on July 17, 2026
- **Originally listed**: April 17, 2026 at $1,288,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 10, 2026 | $1,188,000 | Listing removed from the market |
| September 1, 2026 | $1,188,000 | Entered contract |
| July 17, 2026 | $1,188,000 | Asking price reduced by $51,000, or 4.1% |
| April 17, 2026 | $1,288,000 | Listed for sale by DGSIR Realty |

## Property Tax History

Taxes at 68-42 Loubet Street were $8,591 in 2026, up 0.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $80,040 | $17,580 | $62,460 | $44,191 | $8,591 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $76,260 | $17,580 | $58,680 | $43,855 | $8,539 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $63,660 | $17,580 | $46,080 | $41,374 | $8,029 | 20.085% |
| 2023 (FY 2023/24) | $57,600 | $17,580 | $40,020 | $39,035 | $7,559 | 20.085% |
| 2022 (FY 2022/23) | $59,220 | $17,580 | $41,640 | $36,826 | $7,182 | 20.309% |
| 2021 (FY 2021/22) | $59,700 | $17,580 | $42,120 | $36,826 | $7,064 | 19.963% |
| 2020 (FY 2020/21) | $59,520 | $17,580 | $41,940 | $36,546 | $7,394 | 21.045% |
| 2019 (FY 2019/20) | $58,500 | $17,580 | $40,920 | $34,478 | $7,002 | 21.167% |
| 2018 (FY 2018/19) | $32,529 | — | — | $32,529 | $6,805 | 20.919% |
| 2017 (FY 2017/18) | $30,688 | — | — | $30,688 | $6,256 | 20.385% |
| 2016 (FY 2016/17) | $30,688 | — | — | $30,688 | $6,135 | 19.991% |
| 2015 (FY 2015/16) | $30,455 | — | — | $30,455 | $5,955 | 19.554% |
| 2014 (FY 2014/15) | $28,732 | — | — | $28,732 | $5,504 | 19.157% |
| 2013 (FY 2013/14) | $27,108 | — | — | $27,108 | $5,202 | 19.191% |
| 2012 (FY 2012/13) | $25,574 | — | — | $25,574 | $4,749 | 18.569% |
| 2011 (FY 2011/12) | $25,574 | — | — | $25,574 | $4,656 | 18.205% |
| 2010 (FY 2010/11) | $25,380 | — | — | $25,380 | $4,407 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 4031950026. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 68-42 Loubet Street

68-42 Loubet Street, Forest Hills, NY 11375

A building in the neighborhood, currently featuring 0 active listings.

- **Year Built**: 1920
- **Active Units**: 0
- **Floors**: 2

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/68-42-loubet-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11375/68-42-loubet-street-ny-11375) | 3 | 3 | 2,202 sqft | $540 | $1,188,000 (-4.1%) — In contract | DGSIR Realty | Apr 17, 2026 | 169 days |

## Forest Hills

Overview of Forest Hills

[Explore Forest Hills](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/forest-hills) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Forest Hills

- [Rego Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/rego-park)
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- [Middle Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/middle-village)
- [Corona real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/corona)

## Related Links

- [68-42 Loubet Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/68-42-loubet-street)
- [Forest Hills neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/forest-hills)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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.