Forest Hills is not top of mind for many shoppers. But it offers the perfect blend of urban and suburban and provides easy access in and out of the city. Interest in Queens neighborhoods is growing, with the number of Queens home sales rising 25% year-over-year. That’s why our Deal of the Week at 111-15 75th Ave. #3D is a great find. It’s a spacious prewar 1-bedroom with plenty of modern details and an unbeatable price.
The Price: $399,000
The median asking price for a home in Forest Hills is $479,000, according to the latest StreetEasy Market Reports. That puts our Deal of the Week at about $80,000 below the median asking price for the neighborhood.
Buyers who pay the 20% minimum downpayment of $79,800 can expect to see monthly payments of around $2,295. This includes a mortgage payment of $1,493 and a maintenance fee of $782.
Why You’ll Love It…
Two things: Lots of space and prewar charm. The apartment measures 1,100 square feet, which is way more room you would ever find in Manhattan or Brooklyn for a fraction of the price. In the main living area, there’s room for a full living and dining set, and even a desk. The roomy foyer serves as place to kick off shoes and jackets and even doubles as a gallery where there’s a classic old arch-shaped built-in for books and bric-a-brac. Yup – that prewar charm is hard to resist.
The galley-style kitchen is a spacious 19 feet long and even has room for a little bistro set. The custom-made dark wood cabinets contrast nicely with the white quartz countertops and floor. The stainless steel appliances, including a dishwasher, are all new.
The corner bedroom is not just spacious, but bright. It has three huge windows along two walls. There’s also a closet. The renovated bathroom has a porcelain bathtub, as well as a separate shower. The whole room is outfitted in Porcelanosa Carrara Blanco tile.
This apartment is located in an elevator building just steps away from the E and F trains, providing easy transportation into the city. The LIRR stop at Forest Hills is also just down the street, offering express service to Manhattan as well. There’s also plenty of great eateries and every convenience imaginable nearby on Queens Boulevard.
… And Why You Might Not
This building is cat-friendly, but dogs are not allowed. Also, there aren’t any explicit policies in place for subletting or pieds-à-terre use so you would need to verify that information with the broker. And the estimated commute into Manhattan is 40 minutes. However, for space and charm with easy access to the city, this apartment is worth a look.
Check out the listing at 111-15 75th Ave. #3D, listed by Michael Angelo Camacho of Douglas Elliman.
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