Forest Hills studio gem!
A completely gut-renovated studio in the heart of Forest Hills across from the Kennedy building. Upon entry, a well sized foyer separates the large living area from the completely redone kitchen with pantry door. Bathroom has been completely upgraded with recessed in-shower storage, and easy access glass sliding shower door. All hardwood floors and tall ceilings frame unit 406 in this prewar cooperative building, which had recent improvements to the elevator, common areas and intercom system.
This well maintained building with low, low maintenance is the perfect backdrop for this clean, fresh studio apartment and perfect for a first time homeowner who doesn't have time for renovations. Located right between the 71st street Continental and 75th Ave subway stations, it is in the heart of Forest Hill's residential north side. Austin street is just across the boulevard with its many shops, eateries and a movie theatre with reclining seats.
Forest Hills has seen a huge rise in modern conveniences. A Trader Joe's is now located a block away from the Sunday farmer's market which is in front of the post office on Queens boulevard. Excellent places to eat such as Mighty Quinns, Kyuramen, Kissfish, and Paris Baguette are right across the boulevard. A hub of bus transportation provides secondary access to the already central E/F/M/R subway lines as well as the LIRR. For the outdoor enthusiasts, Forest Park, Flushing Meadows Park are within approximately a mile. The historic Forest Hills Gardens area is also across the boulevard and the delightful outdoor concerts held at Forest Hills Stadium attract some of the best headliners in the world each summer.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
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 | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,468 | $1,430 | $1,815 |
Total Monthly Payment | $1,543 | $1,505 | $1,890 |
* 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.