This L-shaped studio co-op apartment in Jackson Heights offers a spacious and versatile living space. The layout features an open-concept design with distinct areas for living, dining, and a private sleep alcove, creating a sense of funtcionality within the studio. Natural light streams in through large windows, enhancing the overall brightness and warmth of the space. The kitchen is efficiently designed with ample storage, providing functionality without compromising on aesthetics. The co-op apartment boasts contemporary finishes, such as hardwood floors and neutral tones, creating a clean and inviting atmosphere. The building offers a new laundry facility & state of the art package room. The live-in super is very helpful. Subletting is allowed after 2 years. The impeccably maintained building offers storage room for bicycles and a heated parking garage. It is located two blocks from the #7 subway. Located in the vibrant neighborhood of Jackson Heights, residents can enjoy the convenience of nearby amenities, cultural diversity, and easy access to public transportation.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $187,200 | $187,200 | $187,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,137 | $1,137 | $1,479 |
Total Monthly Payment | $1,212 | $1,212 | $1,554 |
* 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.