For Sale
10525 63rd Drive
Forest Hills, NY, 11375 • Forest Hills • Queens County
$1,499,000
$811/sqft
Down payment assistance available
4Beds
2Baths
1,848Sqft
0.05 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Just Listed
Listed Apr 14, 2026
This home is getting attention
213 views · 8 saves
Market activity
Demand and pricing signals for this listing
213 views
People checking out this listing
8 saves
Buyers have saved this home
$811/sqft
Price per square foot
About this home
Multi Family · Built 1940
This fully vacant, fully remodeled legal two-family home with a bonus basement unit is located on a quiet, tree-lined block in the heart of desirable Forest Hills, Queens. Offering three separate living spaces under one roof, this property delivers excellent income potential and flexibility for investors, owner-occupants, or multi-generational families. The two main units feature spacious, well-proportioned layouts with separate entrances and classic Forest Hills charm. The bonus basement unit adds valuable extra income or living space, making this a standout opportunity compared to standard two-families in the area. Property Highlights: -Parking in rear -Legal two-family configuration plus a bonus basement unit (3 units total) -Strong rental income potential with high demand in Forest Hills -Prime location just steps from the 63rd Drive–Rego Park subway station (E, F, M, R trains), Queens Boulevard shops, restaurants, parks, and excellent schools -Separate entrances for all units Solid structure ready for cosmetic updates to maximize rents and value Forest Hills continues to be one of Queens’ most sought-after neighborhoods thanks to its convenient commute to Manhattan, peaceful residential streets, and vibrant community. This legal two-family with the added bonus basement unit on 63rd Drive offers versatility and long-term appreciation in a prime location. Whether you're looking to generate strong cash flow or live in one unit while renting the others, this property is a smart choice. Easy to show and ready for its next chapter.
Standout features identified
Our analysis highlights quiet tree-lined block, parking in rear, and peaceful residential streets as key attractions of this home.
Estimated monthly payment
Based on current rates
$9,256/month
Principal & Interest$7,258
Property Tax$1,499
Insurance$500
Down payment20% ($299,800)
3%50%
Est. 6.09% rate · 30yr fixed · $1,199,200 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Multi Family
Year Built1940
HeatingElectric, Other
CoolingNone
Parking2 Open Parking spaces
Days on Zillow0
Price/sqft$811
Property
Home typeMulti Family
Sub-typeDuplex, Multi Family
Year built1940
Systems
HeatingElectric, Other
CoolingNone
ConstructionBrick
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway
BasementFinished
Lot2,200 sqft
Location & Tax
NeighborhoodForest Hills
Annual tax$10,422
Parcel021470052
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Interior
Other
Heating
Electric
Other
Cooling
None
Exterior Features
Parking
Driveway
Construction
Brick
Utilities
Electricity Connected
Natural Gas Connected
Listing insights
Market data and value estimates
StatusFor Sale
Tax rate0.86%
Price/sqft$811
On marketApr 14, 2026
PostedApr 14, 2026
Last sold$270,000
MLS updatedApr 14, 2026
Tour days9
Views213
Favorites8
How are the schools in Forest Hills?
3 schools rated nearby
Location
Forest Hills, NY, 11375
Price history
10 events
DateEventPrice$/sqftSource
Apr 14, 2026Listed For Sale$1,499,000$811OneKey® MLS as distributed by MLS GRID
Jul 19, 2016Listing Removed$2,200$1Winzone Realty Inc.
Jul 11, 2015Price Change$2,200$1Winzone Realty Inc
May 30, 2015Price Change$2,050$1Winzone Realty Inc
Feb 10, 2015Listed For Rent$2,200$1Winzone Realty Inc
Oct 11, 2014Sold$270,000$146Public Record
Jun 9, 2011Listing Removed$1,700$1Zand Realty Management Corp
Jun 1, 2011Price Change$1,700$1Zand Realty Management Corp
May 15, 2011Listed For Rent$1,800$1Zand Realty Management Corp
Jul 26, 2007Sold$750,000$406Public Record
Listed For Sale$1,499,000
Apr 14, 2026•$811/sqft•OneKey® MLS as distributed by MLS GRID
Listing Removed$2,200
Jul 19, 2016•$1/sqft•Winzone Realty Inc.
Price Change$2,200
Jul 11, 2015•$1/sqft•Winzone Realty Inc
Price Change$2,050
May 30, 2015•$1/sqft•Winzone Realty Inc
Listed For Rent$2,200
Feb 10, 2015•$1/sqft•Winzone Realty Inc
Sold$270,000
Oct 11, 2014•$146/sqft•Public Record
Listing Removed$1,700
Jun 9, 2011•$1/sqft•Zand Realty Management Corp
Price Change$1,700
Jun 1, 2011•$1/sqft•Zand Realty Management Corp
Listed For Rent$1,800
May 15, 2011•$1/sqft•Zand Realty Management Corp
Sold$750,000
Jul 26, 2007•$406/sqft•Public Record
Tax history
17 years of records
YearTax paidAssessed value
Apr 15, 2024—$70,500
Apr 15, 2023—$75,480
Apr 15, 2022—$62,880
Apr 15, 2021—$66,180
Apr 15, 2020$9,083$72,720
Apr 15, 2019$8,552$80,100
Apr 15, 2018$8,676$41,472
Apr 15, 2017$8,116$39,812
Apr 15, 2016$7,350$39,139
Apr 15, 2015$7,350$36,924
Apr 15, 2014$4,310$34,836
Apr 15, 2013—$34,560
Apr 15, 2012—$33,177
Apr 15, 2011—$32,616
Apr 15, 2010—$30,770
Apr 15, 2009—$29,030
Apr 15, 2008—$28,800
Nearby homes
Neighborhood details
Local context around this listing
Forest Hills, NY • Queens County
Nearby neighborhoods
AstoriaBedford-StuyvesantCrown HeightsEast New YorkFlushingHarlemUpper East SideUpper West SideWashington HeightsWilliamsburg
Nearby cities
New York
Nearby zip codes
10025104671120711208112141122611236113681137311385
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