Back 1023 Forest Hill Rd
Off Market

1023 Forest Hill Rd

New York NY 10314

6
4
2600 sq. ft.
5640 sq. ft.
Duplex
Last sold for $965,000
Melsa SkrapalliuMelsa Skrapalliu, last sold this property on 30 December 2025 after 264 days on market.

Overview

Prime Investment Opportunity on Forest Hill Road - Vacant Two-Family Detached Property with Exceptional Exposure Now available is an opportunity to invest in a prominently located two-family detached property on highly visible Forest Hill Road. This versatile property offers both commercial and residential potential, making it an ideal choice for investors, medical professionals, or those seeking a live-work setup. Level 1 - Former Medical Office (Fully Renovated)¨Previously utilized as a dermatology practice, the ground floor has been fully redone and is move-in ready for professional use. The layout includes:4 exam rooms, Private office,2 bathrooms, Spacious sitting/waiting area, Reception/front desk. As the medical industry evolves and solo practitioner offices become increasingly scarce, properties like this will be in high demand. This space also offers easy conversion into a three-bedroom, two-bathroom residential apartment, providing further flexibility for future use or rental income. Level 2 - Residential Unit (Will Be Delivered Vacant)The upper floor features a well-maintained three-bedroom, two-bathroom apartment, perfect for owner-occupancy or rental. Market rental value: Approximately 3,200Dollars /month Delivered vacant, offering immediate leasing potential. Whether you're a practitioner looking to own your office space, an investor seeking a mixed-use rental property, or a buyer with vision for residential conversion, this property offers unmatched potential in a prime location.

Features

6 bedrooms
4 bathrooms
2600 sq. ft. floor area
5640 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in New York over the last 12 months, the estimated median property value of 1023 Forest Hill Rd is $1.2m.

Median value
$1.2m
Estimated value range
$899k - $1.48m
Median days on market
27
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1023 Forest Hill Rd

2025
Sold
$965,000
30 Dec 2025 by Melsa Skrapalliu, of Rjm Realty Empire Inc.
2019
Sold
$850,000
18 Apr 2019 by Joshua Katz, of Katz Realty
2014
Rented
Undisclosed
26 Aug 2014 by RealEstateSINY.com

Happy sellers in New York

100%
100% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in New York over the last 12 months.

Local market activity for 6 bedroom duplexes in New York

In the last 12 months, 19 six-bedroom duplexes similar to 1023 Forest Hill Rd, have been sold.

This represents a 5% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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