Welcome to unit 317 at 110-20 71st Avenue, your new home in the heart of vibrant Forest Hills. Step into this fantastic 1. 5-room coop, bathed in a perfect blend of bright natural light and beautiful neighborhood views from its third-floor perspective. At the heart of the unit, you'll discover a maintained, spacious main room with gleaming hardwood floors that are sure to stand the test of time and trends. The room's layout flows effortlessly, creating an inviting ambiance and ample room for different furniture arrangements. Adjacent to the primary living area, a dressing room offers extra space, perfect for storage solutions or perhaps a cozy reading nook or home office space. The residence is polished off with a well-designed bathroom, combining convenience and style in equal parts. A life of comfort is nothing without convenience. That's why the building has a full-time doorman for added security, an elevator to swiftly carry you home, and the added benefit of garage space (waitlist), a true luxury in bustling New York City. We are pet friendly too! As for the location, it's unparalleled. Forest Hills marries the convenience of city living with the charm of a suburban neighborhood. A lovely park is close by, offering a relaxing oasis amidst the city buzz. You'll also find easy access to an array of tasty restaurants, cafes, convenient grocery stores, and a variety of transportation options nearby. Despite its post-war age, the medium-rise building has kept up with the times, boasting well-maintained common areas with an old-school charm that evokes a timeless aura. Opportunities like this one don't stick around for long! Come and see unit 317 for yourself, and get ready to be enamored with your potential new home. Reach out today to schedule a tour or to get any questions answered.
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Our Executive Mortgage Banker:
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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 | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,171 | $1,170 | $1,509 |
Total Monthly Payment | $1,246 | $1,245 | $1,584 |
* 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.