This is the dream home you've been waiting for. Welcome to unit 4EF at the Monterey, a residence that redefines opulence and spacious living. With nearly 1800 sq. ft. this renovated 4-bedroom, 2-bath masterpiece is a rarity that promises a lifestyle of unparalleled grandeur. As you step inside, you're greeted by a captivating blend of modern design and classic charm. The entrance unfolds into an expansive, sun-drenched living and dining area, bathed in the warm glow of western exposure. It's an entertainer's paradise and the heart of your new home. Every detail has been thoughtfully considered in this renovation. The first bath is a work of art, featuring a deep soaking tub and a separate shower stall. The elegantly designed kitchen is a culinary enthusiast's haven. Adorned with custom cabinetry, a sleek backsplash, marble-style countertops, and GE Cafe' appliances, it's a chef's delight. The primary bedroom is nothing short of majestic, offering a southern expanse that can comfortably accommodate a king-sized bed and a home office. With not one, but two enormous walk-in closets, your storage needs are effortlessly met. Need more space? Three additional bedrooms, two with western and one with southern exposure, provide versatility. Use them as bedrooms, game rooms, fitness rooms or create your own dedicated home offices - the choice is yours. Storage is in abundance throughout this stunning residence, making organization a breeze. Every inch of this home exudes luxury and comfort. Additional highlights include: a parking spot in the indoor parking garage, washer dry on first floor, pet friendly building, live-in superintendent, convenient location to restaurants, food trucks, cafe's, shopping, parks, medical offices and more. Let's not forget the ability to rent a bike or storage unit within the building. Transportation included local buses, subway line 7 is one block away, E/F line is approximately . 5mi away Now is your chance to experience this unparalleled lifestyle. Schedule your viewing today and seize the opportunity to make this your next home sweet home. The Monterey, located on 83rd Street in the Jackson Heights historic district, is more than just a building; it's a lifestyle. A seven-story, 79-unit elevator cooperative, The Monterey offers a truly luxurious living experience. With a live-in superintendent, a state-of-the-art video intercom system, storage units and bike racks for rent, a convenient laundry room, a package room for your deliveries, and a common deck where you can unwind in style, this is the epitome of modern living. For those who value flexibility, subletting is allowed after one year of ownership with board approval, and if you're in need of parking, the on-site garage is simply a waitlist away. With convenient access to multiple transit options including the 7, E, F, R, M, and express bus to LGA, as well as excellent shopping, this location is the embodiment of convenience and connectivity. Don't miss out on this extraordinary opportunity to call the Monterey your home. Your dream lifestyle awaits!
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $820,000 | $820,000 | $820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,592 | $4,982 | $6,755 |
Total Monthly Payment | $4,717 | $5,107 | $6,880 |
* 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.