Discover this spectacular, top floor Penthouse at The Forrestal Condo Development in diamond condition situated on a tree-lined residential block in an exclusive section of Forest Hills. The most astounding feature of the apartment is enormous wrap-terrace with 360 vistas of Queens, Forest Hills Gardens and beyond. The owners spared no expense on the details, which includes fine European craftsmanship from the custom paint job to the recessed lighting, in unit sound system, California-style closets, and so much more! The large living room is wrapped in windows providing maximum light and air and open vistas leading out the huge private deck. The state-of-the-art windowed open concept Eat-in-Kitchen features beveled black and silver countertops, Sub-Zero top Fridge bottom Freezer, a Miele Range with venting that goes right out of the unit is a chef's delight. Two king sized bedrooms offer plenty of space and customized closets as well as recessed lighting. The master suite has an en-suite bathroom with finely crafted Italian tile and bathtub as well as vistas of the Manhattan skyline in the distance. While the second bedroom offers beamed ceilings and access to the deck. Additional amenities include, large walk-in pantry closet, over-sized linen closet, second full bathroom with Italian glass walk-in shower, video security system, i-home system, built in sound system, pre-wired for fiber optic service. HOA includes heat, hot and cold water, cooking gas. Easy access to all transportation - E/F subway (71st Ave. station)/MTA bus into Manhattan, ten minutes to 71st/Continental Ave. and the LIRR. Central location with convenient access from Grand Central Pkwy. to JFK and LaGuardia airports. Austin Street boutique shops, restaurants, cafes and food markets nearby. Zoned for P. S. 196. This special, turn-key apartment is your golden opportunity to own luxury real estate in the best location of Queens today!
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$1,299,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $738 | $738 | $738 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,064 | $6,654 | $8,840 |
Total Monthly Payment | $6,927 | $7,517 | $9,703 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.