Listing Courtesy of Furumoto Realty of New York City Inc
$260,000
Potential Rebate: $3,900
Bright 7th-Floor 1BR with Endless Possibilities<br><br>Located on the 7th floor of Park Lane North, this spacious 1-bedroom, 1-bathroom residence offers exceptional value with a price thoughtfully adjusted to reflect renovation needs. Whether you choose to work with a contractor familiar with the building for a seamless process or bring in your own trusted professional, the opportunity to create a dream home here is undeniable.<br><br>The living room boasts abundant western light and was recently upgraded with a new heater/AC unit, while the bedroom—large enough for a king-sized bed—features an expanded L-shaped closet for generous storage. The bedroom’s heater/AC remains in good working condition, and the bathroom includes a sleek glass panel installed alongside the tub for a more modern touch.<br><br>From the apartment, you can watch the trains as they pass beneath the building—an authentic New York view that adds character to the home.<br><br>Building Highlights<br>Park Lane North is one of Forest Hills’ premier full-service buildings, offering:<br>• 24-hour doorman and a friendly, attentive staff<br>• Two elevators<br>• Updated on-site laundry facilities<br>• Stunning roof deck with sweeping views, including Manhattan’s skyline<br>• Fitness center and theater room for residents<br>• Landscaped courtyard with BBQ grills, often hosting community events<br>• Bicycle storage<br>• On-site parking garage<br><br>This is more than just an apartment—it’s a blank canvas with solid fundamentals, modern mechanicals, and a welcoming building community. Schedule your private viewing today and imagine the possibilities.
$2,151 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$3,900
Monthly savings impact
$11/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Furumoto Realty of New York City Inc
Data Source: TRESTLE #RLS20046820

Compare average listing prices and value metrics for 118-17 Union Turnpike against the surrounding Forest Hills market.
than the Forest Hills price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Forest Hills is the "suburb in the city." Known for the exclusive Forest Hills Gardens, it feels like an English Tudor village dropped into Queens. For buyers seeking Forest Hills Queens real estate, it offers prestige, great schools, and a very comfortable lifestyle.
Living in Forest Hills is upscale. Austin Street offers high-end shopping and dining. As a Queens NYC neighborhood, it is a premier destination for families.
The market for homes for sale in Forest Hills varies from multi-million dollar mansions in the Gardens to luxury high-rise condos and pre-war co-ops.
It is one of the more expensive areas in Queens.
The lifestyle in Forest Hills is polished. Residents go to the West Side Tennis Club (former home of the US Open) and shop on Austin St.
The community is affluent and family-oriented.
Forest Hills is an express stop (E, F, M, R) and has an LIRR station. The commute is under 20 mins to Penn.
Forest Park is massive, offering hiking and horseback riding.
Amenities: The Forest Hills Stadium hosts major concerts.
Forest Hills is best for families, professionals seeking a quick commute, and those who want a suburban feel.

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