Welcome to this bright corner junior four apartment located at the Barclay Plaza Co-op in the heart of Forest Hills. Apartment 316 is a thoughtfully designed two-bedroom, one-bath home featuring an entry foyer that doubles as a dining area, large windows that fill the living room with natural light, a renovated kitchen with custom cabinets, granite countertops, stainless steel appliances, additional counter space for breakfast, and a renovated bathroom. The spacious and equally bright primary bedroom boasts ample closet storage, while the junior bedroom, currently used as an office space, can easily become a second bedroom. Maintenance includes cooking gas, heating and hot water. The Barclay Plaza is a full-service, highly sought-after co-op building. Residents enjoy a host of amenities including a 24-hour doorman, a live-in resident manager, modern lobby with renovated hallways, a central laundry room, a bike room, storage and an indoor garage (both on a waitlist). 25% down payment minimum, subletting allowed, no flip tax and no pets allowed. Nestled in the heart of Forest Hills, the Barclay Plaza is ideally located near well-rated schools and about two blocks from the express and local 71st Ave trains. The vibrant Austin Street, with its diverse dining options, shopping, and movie theaters, is within easy reach. The neighborhood also boasts the convenience of multiple grocery stores, including Trader Joe's, pharmacies, and venues like Forest Hills Stadium and the West Side Tennis Club. The LIRR and other transportation options provide seamless connectivity, making this location perfect for those seeking a blend of tranquility and urban convenience.
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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 | $388,000 | $388,000 | $388,000 |
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 | $2,581 | $2,579 | $3,327 |
Total Monthly Payment | $2,656 | $2,654 | $3,402 |
* 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.