Sunlight, Style & a Stellar Location - Welcome to Lane Towers in Forest Hills! This move-in ready 1 bedroom home offers comfort and convenience in one of Forest Hills’ most sought-after buildings. The kitchen features maple cabinets and granite countertops, the full bathroom is in good condition and there’s plenty of closet space throughout. Enjoy southwest exposure with beautiful open views of Forest Hills Gardens and natural light that fills the unit all day long. Lane Towers offers an exceptional list of amenities: laundry on every floor, 24-hour doorman, garage parking for residents (short waitlist), free bike storage, storage units (waitlist), and a party room. Sliding automatic entry doors provide easy access to the lobby. The building has two passenger elevators plus a freight elevator, a package room, and both a porter and live-in super. The concrete, fireproof construction ensures peace and quiet between units. Cats are welcome, but no dogs. This is the definition of location. Step outside to Forest Hills’ restaurant row and Austin Street’s shops and cafes just half a block away. The 71st Avenue subway station with elevator access is around the corner, and the LIRR is two blocks away with both stairs and ramp access. Nearby are Forest Hills Stadium, West Side Tennis Club, Forest Hills Gardens, Forest Hills Community House with pool, houses of worship, Flushing Meadows–Corona Park, Forest Park, and both JFK and LaGuardia airports. Live where convenience meets timeless Forest Hills charm - at Lane Towers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $239,200 | $239,200 | $239,200 |
| 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% | 6.156% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,377 | $1,433 | $1,907 |
| Total Monthly Payment | $1,452 | $1,508 | $1,982 |
* 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.