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Iconic Duplex Penthouse - Panoramic Skyline Views & Expansive Terraces Crowning Lane Tower, one of Forest Hills' most sought after co-op high-rises, this extraordinary five-bedroom, three-full-bath Duplex Penthouse offers a rare combination of grand scale, amazing views, and exceptional outdoor space-just one block from the express subway, Long Island Railroad, and Austin Street's renowned shopping and dining. The residence encompasses approximately 2, 750 square feet of interior living space, thoughtfully arranged across two expansive levels that live like a private home in the sky. Oversized windows throughout frame dramatic Manhattan skyline views and an awe-inspiring 300-degree panorama spanning Brooklyn and Queens. From this commanding vantage point, the view is nothing short of spectacular: every major bridge, Flushing Meadows-Corona Park with its two lakes, Citi Field, and the historic Forest Hills Tennis Stadium, with sweeping open vistas across neighborhoods in every direction. There are five large bedrooms, allowing for generous primary, guest, home office, or media room configurations. One of the three bathrooms is oversized and luxuriously appointed, creating a true primary-suite experience. A cook's kitchen anchors the home, offering ample workspace and storage for serious cooking and entertaining. Four private terraces-totaling approximately 1, 000 square feet of outdoor space-create seamless indoor-outdoor living rarely found in Forest Hills. A place for entertaining, relaxing, or simply taking in the ever-changing skyline, these terraces elevate the penthouse to an exceptional offering. Set within a doorman, full-service, impeccably maintained co-op, Lane Tower delivers prestige, privacy, and convenience in one of Queens' most coveted residential locations. A rare opportunity to acquire a true penthouse duplex combining huge interior space, fabulous outdoor areas, and sweeping views in the heart of Forest Hills.
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.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:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,442 | $7,003 | $9,805 |
| Total Monthly Payment | $6,567 | $7,128 | $9,930 |
* 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.