Welcome to "The Illinois, " a highly desirable building in the heart of Forest Hills! This true 2-bedroom, 1. 5-bath corner unit is bathed in natural light, boasting a beautifully renovated, open layout ideal for modern living. Enter through a spacious foyer that can double as a home office, leading to an expansive living/dining area with southern exposure, perfect for entertaining. The chef's kitchen features custom cabinetry, stainless steel appliances, and ample counter space. The primary suite includes an en-suite half bath, while both bedrooms offer double exposures and generous closets. Throughout, handsome wood floors and elegant finishes enhance the home's timeless appeal. Maintenance fees cover all utilities-water, heat, and electricity-with an additional fee for A/C units. Subletting is permitted after two years, offering future flexibility. "The Illinois" offers a wide range of amenities, including a newly renovated lobby, private garden, children's play area, bike room, storage lockers, and a newly updated laundry room. Onsite garage parking is available (wait-list), with EV charging stations planned. Located just steps from Austin Street's dining and shopping, this prime location is within a 10-minute walk of the E/F/M/R subway lines, the LIRR, Forest Hills Stadium, and major transit options. This is a rare opportunity to enjoy spacious, stylish living in a premier building with excellent amenities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,456 | $2,393 | $3,087 |
Total Monthly Payment | $2,531 | $2,468 | $3,162 |
* 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.