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Bright and inviting, this front-facing studio co-op in Forest Hills offers a sunny fourth-floor location in a beautifully maintained full-service doorman building. Featuring hardwood floors throughout, the corner living area has two window exposures, filling the space with natural light. A cozy alcove provides the perfect spot for a bed or pullout couch. The apartment includes a separate dressing area leading to a windowed bathroom, along with excellent closet space for your storage needs. Residents of the Meadow Lake enjoy a full suite of amenities, including a welcoming, light filled lobby, 18-hour doorman service, live-in superintendent, laundry facilities, and a community room ideal for gatherings. Outdoor features include a private playground and a gated sitting area set within beautifully landscaped, park-like grounds. Parking is available via waitlist ($ 220/month). Conveniently located near the E, F, M and R subway lines at 71st Avenue, as well as the QM18 express bus and Queens Boulevard, commuting is seamless. The property is also just a short distance from LaGuardia and JFK airports, Enjoy easy access to the vibrant shopping and dining scene along Queens Boulevard and Austin Street. With its low maintenance of $ 572/month, this studio is a fantastic opportunity to own in one of Queens' most desirable neighborhoods.
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Our Executive Mortgage Banker:
$159,000
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 | $127,200 | $127,200 | $127,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $783 | $803 | $1,056 |
| Total Monthly Payment | $858 | $878 | $1,131 |
* 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.