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Welcome to Forest Park Owners Corp. in vibrant Kew Gardens. This 6 story elevator building features a beautifully maintained, flexible 3 bed 2 bath cooperative on the 4th floor, a unique opportunity to own an oversized, upgraded corner unit with unobstructed views of Forest Park. This home features a long and spacious entry foyer with storage, a large living room/dining room combo, an extra room (currently a utility/storage room) which includes 1 full bath w/ a stall shower, a second upgraded full bath with soaking tub, and a large eat-in kitchen with recently upgraded countertops and backsplash offering abundant cabinetry and a large pantry. This expansive home is windowed all throughout with South Western views along Metropolitan Ave. and North Western views off Park Lane South, boasts approx. 1, 455 sq. ft, features intact hardwood flooring, approx. 10 foot ceilings, overhead storage, 6 deep and tall closets also spanning approx. 10 ft. in height, and overall a flexible layout with its third bedroom (currently used as an office space) that can be easily converted to either a formal dining room or a California King sized bedroom with Eastern views of the courtyard. This pet-friendly building features a live-in super, elevator, storage, bike storage, laundry in the bldg. , and a courtyard for its residents. Its location is truly one of a kind; Conveniently off Kew Garden's popular Metropolitan Ave. featuring an array of retail, restaurants, coffee shops and entertainment. Outdoor activities at your fingertips with the beautiful Forest Park right across known for its bike trails, golf courses, playgrounds, cricket, handball courts, a soccer field, and home to jogging, hiking, or simply enjoying a quiet retreat. Its located 7 min. from the Kew Garden LIRR station stopping at Grand Cntrl Terminal or Penn-Station in less than 20 min, and a short 5 min. commute on the Q37 heading to the E, F express trains at Kew Gardens/Union Tpke station. In close proximity to major highways such as Jackie Robinson Pkwy, Van Wyck Expwy, Grand Central Pkwy, and also Queens Blvd. Close to LGA/JFK within a 10-15 minute commute by car and Rockaway Beach just 30 min away. Spacious, upgraded and perfectly located, this is a rare opportunity to own in the heart of Kew Gardens. Don't miss out!
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,589 | $4,520 |
Total Monthly Payment | $3,505 | $3,681 | $4,612 |
* 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.