Two families house is a cash-flow engine.*** Don’t miss out this rare opportunity to buy two family house in an excellent neighborhood.
Very rare LEGAL TWO-FAMILY HOME in Forest Hills.
This house is a grandfathered two-family, legally built before current zoning rules. Today, it is very hard to get approval for new two-family homes in this area, which makes this property especially valuable and hard to find. Significantly enhancing the long-term value and scarcity of this property.
Legal Two-Family – Income-Producing Property Highlights
* Prime Location on 72 Ave – Quiet, tree-lined street in the top-rated P.S. 101 School District (The Gardens)
* Convenient Commute – Only 10 minutes’ walk to subway (E/F/M/R) and LIRR station
* Quick Access to Manhattan – 25 minutes by LIRR
* Sunny South-Facing Exposure – Warm, bright, and welcoming all year round
Layout Overview
First Floor - one family (rent $3,300+$1,700)/m
* Private entrance
* 2 bedrooms, living room, dining room , full bath
* Separate side door with direct backyard access
* individual meter
Second Floor- second family (rent $3,300/m)
* Private entrance
* 3 bedrooms, kitchen, full bath
* Spacious attic with high ceiling – perfect as a large family room or office
* individual meter
Attic: Spacious and bright
Basement (Separate Entrance)
* Laundry room, full bath, and two flexible-use rooms
Investment Highlights
* Owning a two-family detached home in Forest Hills is significantly more financially advantageous.
* Located in a top-rated school district with high long-term appreciation potential
* Unbeatable location with Enjoy Forest Hills West Side Tennis Club, quick access LIRR, and nearby subways for an easy commute to Manhattan.
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Zillow last checked:
Listing updated:
Listed by:
Feast Realty Group718-683-2978,
Meimei Wei
Source: StreetEasy,MLS#: S1829160
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Features
Has fireplace: No
Property
Parking
Parking features: Garage
Has garage: Yes
Details
Parcel number: 032430047
Special conditions: Resale
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Condition
Year built: 1935
Community & HOA
Community
Subdivision: Forest Hills
Location
Region: Forest Hills
Financial & listing details
Tax assessed value: $1,679,000
Annual tax amount: $5,760
Date on market: 5/19/2026
Estimated market value
Zestimate®
$1,620,700
Estimated sales range
$1.54M - $1.70M
Rent Zestimate®
$4,204/mo
Price history
Date
Event
Price
6/15/2026
Price change
$1,658,888-1.8%
Source: OneKey® MLS as distributed by MLS GRID #999573Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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