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The best deal in Forest Hills! We are super excited to present this well priced Junior 4 (2 bedroom) co-op for sale in Forest Hills, located just a short walk to Austin st and the M/R train at 67th ave. Well priced with affordable monthly maintenance fees, this is truly a great deal for someone looking to become a home owner in one of the most desirable neighborhoods in all of Queens. The apartment itself is well laid out and upon entering the unit you are greeted with the first (and smaller) of the 2 bedrooms. The first bedroom makes for a fantastic home office space, kids room or guest room and comfortably fits a full bed. There are multiple closets in the entryway and as you continue into the unit you will find a large kitchen which features tremendous cabinet space, full size appliances and a large window. There is a proper dining area beside the kitchen and a spacious living room that easily fits a large sofa and gets great natural light. Down the hall is the tastefully designed bathroom with a soaking tub and additional linen closet in the hallway. The primary bedroom is very spacious with 2 closets and the double exposure fills the room with natural light. The location is one of the most coveted in all of Queens, with many people relocating to Forest Hills due to its incredible convenience for commuting, easy accessibility to Manhattan, abundance of restaurants, grocery stores, shopping, entertainment, and more all located on Austin St. The building itself has a live in super, laundry room, updated lobby and more. For reference - the first few photos are virtually decluttered to show what the space looks like without furniture. The next photos are of the unit as it is today with furniture. And the final photos are virtually renovated to show the potential of the space. The unit would benefit from updates to the kitchen, flooring, lighting and some other minor updates throughout. This unit offers incredible potential for a buyer looking to become a homeowner in Forest Hills.
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Our Executive Mortgage Banker:
$375,000
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 | $300,000 | $300,000 | $300,000 |
| 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 | $1,847 | $1,894 | $2,491 |
| Total Monthly Payment | $1,922 | $1,969 | $2,566 |
* 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.