7124a Austin Street

7124a Austin Street in Forest Hills, NY was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 420 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,200 square feet.

Learn more about the property and building on this page. 7124a Austin Street was last assessed in 2023. The total value of the property was assessed at $1,352,700. Specifically, the land the property is located on was valued at $378,900. While improvements on the property were assessed at a total of $973,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $143,278. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.