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Freestanding Federalist brick home with center-hall layout, majestically presiding over 14, 144 sq feet of land, encompassing 3 separate lots, 2 of which are buildable. The property sits atop a hill on a quiet side street. The multiple lots offer a variety of possibilities for use, including the ability expand the current house onto either side lot or to sell either or both side lots. There are no other properties like this in Forest Hills Gardens.
The house itself has exceptional layout and functionality. It has great entertainment space on the 1st floor including: a large living room with 3 light-filled exposures, a spacious foyer, expansive dining room, a bright, southern-facing, full-windowed solarium, a recently renovated, modern eat-in kitchen with lots of cabinetry, a full bath, a 2-car attached garage directly accessible from the house, and a first floor bedroom that can be used as an office. The 1st floor also has high ceilings at 8'6".
From the foyer, there is an open, curving staircase to a comfortably-sized landing that leads to the spacious primary bedroom with a fully-renovated ensuite bath with a two-person shower, and walk-in closet. The second floor also includes 2 additional bedrooms, each with its own terrace, a full bath, and a small nursery with a Juliette balcony overlooking the street, which could be used as an office or an exercise room. The rear terrace is about 350 sq ft in total and is a special outdoor space. The side terrace overlooks the foliage of the south lot.
From the second floor, there is access to the unfinished attic which has build-out possibilities.
The fully-finished basement has a large living or media area, a space that can be used as a bedroom, a full bath, a laundry room and extensive storage space. During Prohibition, the basement was actually a neighborhood speakeasy with its own kitchen, using the basement door that leads out to the driveway.
The house was built in 1925 has only been owned by 3 families in its entire history and has served them all well.
Forest Hills Gardens is a world-class community planned by the Olmsted Brothers Landscaping (of Central Park and Prospect Park fame) and New York architect Grosvenor Atterbury that combines a suburban, community lifestyle with urban conveniences. Commercial areas with stores, restaurants and public transportation are nearby. All of Forest Hills Gardens' tree-lined streets, private parks, sidewalks and period lampposts are owned and maintained by the community homeowner's association (Forest Hills Gardens Corporation). The quality of life is enhanced by several volunteer organizations that further support the Forest Hills Gardens community, including Forest Hills Gardens Corporation Celebrations, Friends of Station Square, the Forest Hills Gardens Foundation, and both the Men's and Women's Clubs of Forest Hills.
Area public schools are excellent and close by. There are also private school options in the community.
Forest Hills Gardens has been a much-desired community for more than 100 years due to its quiet, residential feel in the midst of a city.
The lot to the left side of the house covers 4, 450 sq feet with 2, 225 in buildable square footage. The lot to the right side covers 4, 474 sq feet with 2, 237 buildable square footage. The property on which the house sits has an additional 574 of buildable square footage.
Annual Forest Hills Gardens Corporation maintenance dues are $5, 698. 59. Annual property taxes are $25, 753.
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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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $2,146 | $2,146 | $2,146 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,622 | $15,362 | $20,246 |
Total Monthly Payment | $15,893 | $17,633 | $22,517 |
* 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.