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Bright Convertible 1 Bedroom with City Views at Lane Towers | Hardwood Floors, Wide Windows, 24-Hour Doorman, Community Terrace Welcome home to this sun-filled convertible 1-bedroom residence at Lane Towers, where classic comfort meets unbeatable convenience. Featuring hardwood floors throughout and oversized windows, this inviting apartment is drenched in natural light and offers beautiful open city views. The layout provides a flexible living and sleeping area, perfect for both relaxing and entertaining. Central air conditioning and heat ensure year-round comfort, while generous windows enhance the sense of space and brightness. Cats are welcome, making this an ideal option for pet lovers (sorry, no dogs). Lane Towers is a well-established luxury high-rise cond-op offering a full suite of amenities, including a 24-hour doorman, live-in super, onsite management office, and laundry rooms conveniently located on every floor. Residents also enjoy access to a community room for gatherings and an expansive 18th-floor terrace with sweeping views of Forest Hills greenery and the Manhattan skyline. A parking garage is available in the building and is currently waitlisted. Verizon Fios is enabled. Perfectly positioned in the heart of Forest Hills, the building sits just steps from the E, F, M, and R express subway lines, multiple bus routes, and the Long Island Rail Road—bringing Midtown Manhattan within approximately 15 minutes. Outside your door, explore Austin Street’s renowned shopping and dining scene, weekly farmers markets, and beloved summer concerts. Nearby favorites include classic scoops at Eddie's Sweet Shop, Mediterranean fare at Nick's Bistro, Asian fusion at Jade Eatery, Latin flavors at Cabana, and neighborhood pizza staples like Nick's Pizza. Enjoy local boutiques along Austin Street, bakeries such as Fay Da Bakery, and specialty shopping at Cipollina Gourmet Market. If you’re seeking vibrant city living with true neighborhood charm, Lane Towers is the place to be.
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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Our Executive Mortgage Banker:
$269,000
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 | $215,200 | $215,200 | $215,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,239 | $1,378 | $1,787 |
| Total Monthly Payment | $1,314 | $1,453 | $1,862 |
* 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.