Manhattan condos · below 96th $1,623/sf ▴3%Manhattan co-ops · below 96th $272K/room ▴4%Central Park perimeterPark Ave $452K/room ▴3%CPW $484K/roomFifth Ave $550K/roomBillionaires' Row $3,350/sfTribeca $1,928/sf ▴1%
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Cooperative · 1942
The Lafayette
69-40 Yellowstone Boulevard, near 69th Road and Queens Boulevard, Forest Hills, Queens
Buildings·Cooperative

The Lafayette

69-40 Yellowstone Boulevard, near 69th Road and Queens Boulevard, Forest Hills, Queens

Forest Hills, Queens

BBL 4021410001 · BIN 4051289

At a glance
Year built
1942
Type
Cooperative
Units
127
Floors
6
Amenities
Attended entrance, resident superintendent, elevators, fitness center, laundry room, bicycle storage and garage
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Subletting by shareholders
Permitted with conditions
Dogs and cats
Permitted with conditions
Maximum financing
75% of the purchase price
Flip tax
None
Doorman
Doorman (hours not stated)
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As seen inThe Wall Street Journal★ 92 reviews on Google

The Lafayette is a broad, six-story cooperative with 127 residences on Yellowstone Boulevard. Its early-1940s construction places it within Forest Hills' stock of substantial brick elevator apartment houses. A landscaped entrance and decorative portico mark the approach to a building whose residential footprint extends well beyond a narrow street frontage.

The apartment inventory ranges from studios to larger multibedroom homes. Sunken living rooms, entrance foyers and distinct dining areas appear in the layouts, giving the interiors a different organization from a contemporary open-plan condominium. Larger homes can include separated bedrooms and more than one bathroom.

The building combines that older apartment stock with an attended entrance, gym, laundry facilities and garage. Ownership is through Lafayette Owners Corp., so buyers acquire cooperative shares and occupancy rights. The cooperative's board application forms part of the purchase process.

Architecture and unit composition

The exterior is brick, with a symmetrical entrance composition and a substantial frontage. The building rises six stories, spreading its residential area across a wide site. Elevators serve the upper floors, and the larger floor plate accommodates apartments with different orientations and depths.

Prewar-era interior details include hardwood floors, high ceilings and arched openings in some homes. Sunken living rooms create a change in level between entry and principal living space. That arrangement can give the living room a defined perimeter, but it also introduces a step within the apartment.

The larger layouts offer a different purchase from the compact studios and one-bedroom homes. Some have an entrance foyer that functions as a separate transition space, while others use a dining area adjoining the main room. Room dimensions and circulation deserve attention because the same bedroom count can encompass markedly different amounts of usable area.

Corner apartments can have windows on more than one exposure. Certain larger homes have windowed kitchens and bathrooms, and separated bedrooms occur in the inventory. These are apartment-specific characteristics; a photograph of one corner layout does not describe the interior light of every home in the building.

Renovated kitchens and bathrooms coexist with more original interiors. A buyer purchasing an older apartment is also choosing the scope of work needed within a cooperative that controls alterations. Original room proportions can remain intact even after cabinets, appliances and plumbing fixtures have been replaced.

Building operations

The Lafayette has an attended entrance and a resident superintendent. Shared facilities include a fitness center, bicycle storage and a laundry room. Garage parking is subject to a waiting list, so having a garage doesn't guarantee a space will be available when an apartment closes.

The gym and bicycle facilities carry separate charges in current descriptions. Their costs should be distinguished from the base monthly maintenance when comparing homes. The apartment's advertised maintenance and the expenses associated with optional facilities are different parts of the ownership budget.

Heat, hot water and cooking gas are included in maintenance. The cooperative owns the underlying property and pays its building expenses, while shareholders pay maintenance according to their allocated shares. A larger apartment's maintenance may reflect its share allocation in addition to its interior floor area.

DOF places the property in Class 2 and shows no building-wide abatement. This tax class has no assessment-growth cap. Real-estate taxes are an expense of the cooperative and reach shareholders through maintenance, so there is no separate condominium apartment tax bill to compare against the monthly charge.

Policy framework

The current purchase terms call for at least 25% down, and pets are permitted — confirm with the managing agent. Subletting is described as available after two years of residency, also subject to confirmation of the current rule and approval procedure. These terms affect the amount of cash needed to purchase and the timing of any later rental use.

A buyer planning immediate investment use should address the residency requirement before committing to the purchase. A cooperative resale and a sponsor sale can involve different approval circumstances; the seller's status should be clear in the proposed transaction.

Application and transaction fees

Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.

Flip tax (transfer fee on resale)
Terms
None — confirm with the managing agent.

Source: The Roebling Team's building profile

Purchase

4 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application Processing FeeRequiredPaid by BuyerWhen With the applicationAmount $800Refundable Non-refundable
Credit Check FeePer applicantPaid by BuyerWhen With the applicationAmount $200 per personRefundable Non-refundable
Recognition Agreement FeeConditionalConditions: If FinancingPaid by BuyerWhen With the applicationAmount $200 if financingRefundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move In DepositPaid by BuyerWhen At closingAmount $500Refundable Refundable

Sublet

5 items

Fees and charges

ItemPaid byWhenAmountRefundable
Sublease FeeRecurringPaid by ShareholderWhen With the applicationAmount Equal to 20% of the monthly maintenance billedRefundable Non-refundable
Application Processing FeePaid by SubtenantWhen With the applicationAmount $600Refundable Non-refundable
Credit Check FeePer applicantPaid by SubtenantWhen With the applicationAmount $200 per applicantRefundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move Out DepositPaid by ShareholderWhen With the applicationAmount $500Refundable Refundable
Move In DepositPaid by SubtenantWhen With the applicationAmount $500Refundable Refundable

Refinance

1 item

Fees and charges

ItemPaid byWhenAmountRefundable
Administrative FeePaid by BuyerWhen With the applicationAmount $500Refundable Not stated

Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.

Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.

Own an apartment here? Request an apartment-specific pricing review.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Financing and purchase requirements

Maximum financing
75% of the purchase priceSource: building management's published schedule, as of October 2026

Sublet and pied-à-terre policy

A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.

Subletting by shareholders
Permitted with conditionsAfter 2 yrs of ownershipSource: The Roebling Team's building profile
Wait before a sublet
2 yearsSource: The Roebling Team's building profile
Pied-à-terre ownership
Not verified

Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Pets and in-unit washer/dryer

Dogs and cats
Permitted with conditionsCats and dogs permitted, subject to size and number limits — confirm with the managing agent.Source: The Roebling Team's building profile
In-unit washer/dryer
Not verified

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Building staffing and amenities

Doorman
Doorman (hours not stated)Source: recent listing records
Live-in superintendent
YesSource: The Roebling Team's building profile
Elevator
YesSource: NYC Department of City Planning records (PLUTO)
Amenities noted
Fitness room, garage, bike storage, laundry roomSource: The Roebling Team's building profile

Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$78,019/yr
Per unit / month range
$0 – $51
Modeled exposure split equally across 127 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
Mar 25, 2025421
2 BR · 2 BA · 1,500 sf
$660,000$440/sf-4.3%
Aug 24, 2015520
1 BR · 1 BA
$265,000+2.4%

Market read. Most recent trades (2025) cleared a median $440/sf (recorded) across 1 sale.

Sales sourced from NYC Department of Finance recorded transfers (BBL 4-02141-0001). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

For owners

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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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Comparable buildings

  • Lane Towers: A nearby cooperative offering a taller, postwar alternative to The Lafayette's six-story form.
  • Kennedy House: A much larger Forest Hills cooperative tower for comparing service, amenities and upper-floor inventory.
  • The Summit Condominium: A condominium alternative in the broader area for buyers weighing cooperative ownership against separate unit ownership.
  • Plymouth Hall: A farther Queens comparison in Sunnyside, with prewar cooperative interiors in a six-story building.
  • The Crescent House: An Astoria cooperative of similar overall residential scale, with a postwar six-story form.

More Forest Hills buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Forest Hills.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Lafayette?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com