Welcome to your forever home at Barclay Plaza! First time on the market in decades. Make it your own! A true diamond in the rough that will benefit from your personal touch and tender loving care. An end, corner unit on the first floor with 9 foot ceilings. Two massive bedrooms, (one with en-suite bathroom), a kitchen and dining room that can be a home office or third bedroom. A common hallway bathroom and oversized walk-in closets can be found throughout the apartment. The cherry on top is the private terrace off to the side of the building out of view from the street, setting the stage for a lifetime of entertaining. The apartment size, convenience of location and low maintenance complete the package here. The Barclay Plaza is a full service, financially sound coop building. Features include 24 hour doorman, garage (waitlist), bike storage & super on site. This is a post-war, concrete building, providing quiet serenity. Newer windows throughout this unit and the rest of the building. It is situated one block off Queens Boulevard on a quiet, tree-lined street, two blocks from PS 196 elementary. The location is at the heart of Forest Hills. Several grocery options (including a new, nearby Trader Joe's), pharmacy, Starbucks, movie theater, Austin Street commerce & restaurants, Forest Hills Stadium, LIRR, and subways are all within reach. Just a few blocks away is the famed West Side Tennis Club, Forest Hills Stadium and Forest Hills Gardens community. No pets, limited sublet rules, 75% financing allowed. No flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$688,000
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 | $550,400 | $550,400 | $550,400 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,662 | $3,658 | $4,719 |
Total Monthly Payment | $3,754 | $3,750 | $4,811 |
* 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.