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Bright 7th-Floor 1BR with Endless Possibilities
Located on the 7th floor of Park Lane North, this spacious 1-bedroom, 1-bathroom residence offers exceptional value with a price thoughtfully adjusted to reflect renovation needs. Whether you choose to work with a contractor familiar with the building for a seamless process or bring in your own trusted professional, the opportunity to create a dream home here is undeniable.
The living room boasts abundant western light and was recently upgraded with a new heater/AC unit, while the bedroom—large enough for a king-sized bed—features an expanded L-shaped closet for generous storage. The bedroom’s heater/AC remains in good working condition, and the bathroom includes a sleek glass panel installed alongside the tub for a more modern touch.
From the apartment, you can watch the trains as they pass beneath the building—an authentic New York view that adds character to the home.
Building Highlights
Park Lane North is one of Forest Hills’ premier full-service buildings, offering:
• 24-hour doorman and a friendly, attentive staff
• Two elevators
• Updated on-site laundry facilities
• Stunning roof deck with sweeping views, including Manhattan’s skyline
• Fitness center and theater room for residents
• Landscaped courtyard with BBQ grills, often hosting community events
• Bicycle storage
• On-site parking garage
This is more than just an apartment—it’s a blank canvas with solid fundamentals, modern mechanicals, and a welcoming building community. Schedule your private viewing today and imagine the possibilities.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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William Raveis Real Estate
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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 |
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|---|---|---|---|
| Loan Amount | $208,000 | $208,000 | $208,000 |
| 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 | $1,197 | $1,246 | $1,658 |
| Total Monthly Payment | $1,272 | $1,321 | $1,733 |
* 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.