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A truly rare legal 2 family offering in the heart of Forest Hills — this iconic detached corner property seamlessly blends timeless character, incredible flexibility, and unbeatable location. Legally configured as a two-family home yet thoughtfully enjoyed as an expansive single-family residence, this light-filled home presents a unique opportunity for homeowners, investors, or multigenerational living alike. From the moment you arrive, the home’s presence is undeniable. Set on a coveted corner lot with eastern exposure, the property is flooded with natural sunlight, creating a warm and inviting atmosphere throughout. Rich with charm and history, this exceptional residence has even been featured in numerous television shows and films. The main level offers beautifully scaled living spaces designed for both comfortable everyday living and effortless entertaining, including an oversized living room, generous formal dining room, spacious kitchen, full bathroom, abundant closet space, and direct access to a private backyard oasis. Original woodwork is showcased throughout, as well as granite countertops, white cabinets and stainless steel appliances in the kitchen. Upstairs, you’ll find two spacious bedrooms, another full bathroom, and a second kitchen currently transformed into an office/library retreat. Existing capped gas and water lines allow for immediate conversion back to a fully functional second kitchen if desired, offering endless flexibility for extended family, guests, or rental income. The fully finished attic stretches the entire length of the home and provides exceptional bonus space ready to become additional bedrooms, a luxurious primary suite, home studio, gym, media room, or creative retreat. The finished lower level continues the home’s versatility with a bedroom, sitting room/family room, full bathroom, dedicated laundry area with enclosed appliances, and excellent storage. Outside, enjoy your own peaceful backyard sanctuary complete with newer fencing and a rare two-car garage — both equipped with electrical service for added convenience and functionality. Location is everything, and this home delivers. Just moments from the E, F, and R subway lines, the Long Island Rail Road, multiple bus routes, and the beloved shopping and dining destinations along Austin Street and Metropolitan Avenue. The neighborhood is also known for its top-rated schools, beautiful tree-lined streets, parks, and strong sense of community. This is more than just a home — it’s an opportunity to own a distinctive piece of Forest Hills, where classic New York charm meets modern-day convenience in one of the city’s most desirable residential enclaves.
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Our Executive Mortgage Banker:
$1,388,000
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 | $1,110,400 | $1,110,400 | $1,110,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $694 | $694 | $694 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,305 | $6,657 | $9,370 |
| Total Monthly Payment | $7,124 | $7,476 | $10,189 |
* 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.