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THE UNIT: Welcome to #1D - a super private, front-facing, corner studio apartment tucked off the main lobby of a quiet building . An ideal floor plan and layout offers max funciton and a natural flow that nicely separates the main living/sleeping space from other areas of the unit. A separate, windowed eat-in kitchen offers plenty of cabinetry and counter space as well as a long breakfast bar w/ enough seating for at least 6 individuals. Also enjoy a full-sized, windowed, updated bathroom. In the main area of the apartment, a focal wall allows for easy designations around areas of use. And lastly, a main closet that sits near the center of the apartment functions as a shared wardrobe and coat closet w/ room to spare. This is the perfect apartment for a professional or works outside the home. Don’t miss this opportunity! THE BUILDING/LOCATION: At the top of every buyer's wishlist. . . this is the best of city and suburb! The Garden Arms is a prestigious, highly regarded, most coveted and very well-maintained historical mid-rise co-op ideally located just steps from all conveniences on a quiet street in the private community of Forest Hills Gardens. . . just off the absolutely stunning Station Square! Among many, building highlights include secure main entry w/ intercom system, laundry room on the 1st floor, beautifully manicured front gardens, gorgeous architecture and more. And, as a resident of the FHGC, you'll enjoy easy street parking by permit only, roaming security & patrol car, several green spaces & parks, meticulously clean streets & year-round landscaping throughout the community. . . maintained daily by FHGC's own appointed staff & grounds crew. In addition, accessibility from 25 Burns to absolutely all is truly 10/10 - located literally a few steps to the LIRR (16 min or less to NYC!, ) 1 block to Austin Street, 2 blocks to the express & local buses & subway (E/F/R/M) at the 71st & Continental Ave stop as well as Forest Hills Stadium & the West Side Tennis Club. . . 15-25 minutes to LGA/JFK, just minutes to all major highways. . . & more! OTHER: Board approval required. Rent includes heat and hot water. Gas & electric not included. Verizon Fios & Spectrum cable & internet available! 1 year least term w/ potential to renew.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000
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 |
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|---|---|---|---|
| Loan Amount | $1,600 | $1,600 | $1,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $9 | $10 | $13 |
| Total Monthly Payment | $84 | $85 | $88 |
* 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.