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Welcome to this coveted Forest Hills residence nestled within prestigious "The Forest Hills" coop. Currently utilized as a 2 Bedroom, this converted junior 4 apartment is extra spacious and truly a rare find in the area. Upon entering the apartment, you'll immediately notice the bright and open layout, with plenty of natural light. The living room offers a generous space for relaxation or hosting guests, accommodating a large sectional couch and a coffee table effortlessly. The updated functional kitchen boasts all stainless steel appliances, including a double door refrigerator, dishwasher and microwave, catering to your culinary needs with ease. The primary bedroom features a welcoming foyer and two sizable closets, while the secondary bedroom/den offers versatility for multiple uses. Further enhancing the appeal are recessed lighting, hardwood floors, and an upscale spa-style bathroom, adding a touch of sophistication to the living space. Residents of "The Forest Hills" enjoy an array of amenities, including a 24-hour doorman/concierge, immediate outdoor parking availability, indoor parking accessible via waitlist, storage and bike room (small monthly fee), laundry facilities, a common lounge, and a rooftop retreat. Additionally, this apartment is currently zoned for the highly sought-after PS 196 elementary school. Commute effortlessly to Manhattan or Long Island via the nearby E/F/M/R subway lines, express buses, or LIRR to Grand Central OR Penn Station, with convenient access right at your doorstep! Explore the vibrant local scene, with renowned dining and shopping options along Austin Street, and also steps to Trader Joe's! Seize this unparalleled opportunity to elevate your lifestyle in Forest Hills. Schedule your viewing today! * Minimum 25% Downpayment, Emotional Support Animals Welcome, Subletting allowed after 1 year for a max of 3 consecutive years. Coop Board application & approval applies. ALL SHOWINGS are BY APPOINTMENT ONLY
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Our Executive Mortgage Banker:
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$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,369 | $4,321 |
Total Monthly Payment | $3,461 | $3,461 | $4,413 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.