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Exceptional 2-Family Brick Home in Prime Forest Hills Location, a rare opportunity to own a meticulously maintained 2-family solid brick residence in the heart of Forest Hills. This expansive 3, 047 sq ft home, built in 1935, seamlessly blends timeless architecture with modern amenities, making it ideal for homeowners, investors, or professionals seeking versatile property. 6 spacious bedrooms and 5 full bathrooms across three levels, plus a fully finished basement. First Unit: Features 2 bedrooms, 1 bathroom, a sunlit living room, and a renovated eat-in kitchen adorned with custom cherry cabinets and granite countertops. Second Unit: Offers 4 bedrooms (flexible to 5), 3 full bathrooms, laundry, a bright living room with a front-facing balcony, and a modern kitchen with high-end finishes. Fully finished basement with rear entrance, laundry room, extra living space, and full bathroom—perfect for duplex rental. The entire home is equipped with 9 ductless split units ensuring year-round comfort. A private backyard is perfect for gatherings and relaxation. Detached garage plus a spacious driveway accommodating multiple vehicles, with additional on-site parking for two or more cars in front. Potential for medical or professional office use, offering commercial opportunities for primary homeowners. Situated just off Queens Boulevard, this home is a commuter's dream. Just a 5-minute walk to express E/F trains; approximately 15 minutes to the LIRR, providing swift access to Penn Station and Grand Central Terminal and close proximity to Austin Street's vibrant shopping and dining scene, seasonal farmers markets, and a variety of cultural and entertainment venues. Zoned for the highly regarded PS 101 School in the Gardens, with nearby access to JHS 190 Russell Sage and Hillcrest High School. This property combines classic charm with modern conveniences in one of Queens' most desirable neighborhoods. Don't miss the chance to make this exceptional home yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.750% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.865% | 6.435% |
Monthly Tax Payment | $1,044 | $1,044 | $1,044 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $7,259 | $9,596 |
Total Monthly Payment | $7,700 | $8,428 | $10,765 |
* 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.