Rarely available - this high floor, corner unit, convertible 3-Bedroom, 2-Bath home features a large terrace with partial city skyline views and super-bright north, west and east open exposures. The views are breathtaking! The apartment features beautiful hardwood parquet floors and an updated kitchen and bathrooms. Loads of closets throughout. The primary bedroom is spacious and is complete with an en-suite updated bathroom that features a shower stall. The second bedroom can also be used a primary suite, featuring an updated bathroom and several closets, one of which is very spacious. The eat in kitchen features stainless steel appliances, inclusive of a 5-burner stove, a built-in microwave, wood cabinetry throughout, granite counters and tile backsplash. The updated bathrooms feature a glass enclosed shower/tub combination complete with a barn shower doors and ceramic tile throughout. The Forest Hills is one of the top COOPs in Forest Hills: a fireproof, concrete building featuring central air and low electricity charges billed directly via shareholders' maintenance bills. Located at the 71st Avenue express subway stop, this beautifully maintained COOP features a F/T Staff, live-in super, modern elevators, a beautiful roof deck, indoor/outdoor parking, central laundry room, bike & storage room. Zoned for PS196. Prestigious Forest Hills is the best of both worlds: city living in a quiet retreat. Accessible by subway for an easy twenty minute ride to Midtown East or 14 minutes to Grand Central and Penn Station on the LIRR. Nearby the newly opened Trader Joe's and close to lots of eateries and shopping on Austin Street. Great parks to choose from. Sorry, no dogs allowed. 75% Max Financing Cooperative. Low Maintenance! Assessment in place from May 1 until December 2024 for $148 per month.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,231 | $4,178 | $5,363 |
Total Monthly Payment | $4,323 | $4,270 | $5,455 |
* 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.