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Discover the comfort and charm of this spacious, corner one-bedroom residence in the sought-after Park Lane South. Warm, neutral tones flow throughout, creating a welcoming atmosphere from the moment you step inside. A large entry foyer offers flexible space for dining or home office use and includes ample closet storage. The thoughtfully designed kitchen maximizes efficiency, featuring a unique layout with the refrigerator just outside the main kitchen area, allowing for expanded counter space and custom cabinetry that reaches the ceiling. Granite countertops and a matching backsplash complete this beautifully finished culinary space. The generously sized bedroom offers excellent closet space and the benefit of dual exposures, allowing natural light to pour in from the south and east throughout the day. The spacious living room is defined by plush carpeting, creating a cozy transition from the tiled foyer. The updated bathroom includes a full-size tub and plenty of room for storage and personal touches. Situated on the peaceful back corner of the building, this home enjoys a quiet setting with morning sunlight—an ideal place to unwind. Park Lane South offers full-time doorman service, an on-site superintendent, cats permitted (sorry no dogs!). Building amenities include basement laundry, both covered and uncovered parking (waitlist), and no flip tax. Perfectly positioned near Forest Hills, you're just moments from the subway, LIRR, express and local buses, airport transportation, Forest Park, Forest Hills Gardens, and more.
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:
$290,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $232,000 | $232,000 | $232,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.144% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,336 | $1,389 | $1,850 |
| Total Monthly Payment | $1,411 | $1,464 | $1,925 |
* 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.