Available for the first time in 50 years, this top floor, corner two-bedroom home is a must see. With only 7 of this layout in the entire building, this 2-bedroom X is the first to come available in 15 years! You’ll love the flexible layout, with split king-sized bedrooms and en-suite primary bath. The entire residence has been freshly painted, and gorgeous wide plank flooring and baseboard moldings have been installed. New light fixtures have been hung throughout. This corner residence is incredibly open and bright and features clear Manhattan views to the West. From the expansive terrace, look out onto Flushing Meadow Park, as well as stunning bridge and lake views. Bring your designer ideas, as this fabulous home needs updating. The stunning lobby transformation is complete, and Trader Joe’s is now just across the street! Gerard Towers is a premier, full-service, high-rise building, centrally located on the south side of Queens Boulevard. Amenities in the building include 24-hour doorman, central air, seasonal heated pool, fitness center, children’s playroom, landscaped courtyard, large central laundry room, bike and storage rooms, and immediate valet parking accessible from the building. Maintenance of $2, 000. 70 includes central A/C and heat, cooking gas and a basic cable package. Enjoy the best of both worlds in the historic residential community of Forest Hills . . . offering the services, amenities and conveniences of city living! Express E/F subway service to Manhattan is just minutes away. Easy access to multiple bus lines – including express buses to Manhattan – and the nearby Long Island Rail Road station. Visit the local Green Market on Sundays. Austin Street and the surrounding area offer great restaurants and specialty shops, boutiques and retail stores, delectable bakeries, movie theatres, and more! 1, 342 Shares. Gerard Towers is a cat friendly building.
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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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,891 |
Total Monthly Payment | $3,951 | $3,947 | $4,983 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.