61-55 98th Street, #16J, Queens (Rego Park), NY, 11374 | $515,000

Sun Splashed Pet Friendly* 3 Bed/2 Bath + Balcony Co-op For Sale in Prime Rego Park! Upon entering your new home, you'll marvel at how welcoming the open layout and large windows will make you feel. This sun drenched and sprawling space boasts an airy and light atmosphere offering you a respite from the hustle and bustle of city life. The customizable living/dining space is a budding designer's dream with plenty of room for an oversized couch, a large dining table, and various pieces of furniture to impress and entertain your guests. Seize the day as you sip on your morning coffee while enjoying your southwest facing balcony or enjoy the brilliant city lights as you unwind with a glass of wine at the end of a long hard day. Outdoor spaces are a luxury in our fair city! The Primary Bedroom has an Ensuite Bathroom and an OverSized Closet, while the other two bedrooms offer enough space for Queen Sized Beds in each. Five closets in total located throughout the apartment add to the comfort. While the windowed kitchen is equipped with a dishwasher and boasts plenty of storage and counter space, the potential to modernize it and both bathrooms has been baked right into the price! ***Furniture included with the sale of the home! Located in the well regarded Park City Estates Co-Op Complex in Rego Park, 61-55 (or as residents and management call it Building 5) offers a Part Time Doorman (7AM to 11PM), laundry facility, storage spaces for rent (wailtlist), and a parking garage (also waitlist). The complex itself is comprised of 5 buildings all well maintained with security, supers, and porters working to maintain the grounds and the pleasant lifestyle Park City Estates is known for. Nearby there are multiple playgrounds and parks to enjoy with Flushing Meadow Park a mere 5 minute drive away. Enjoy the various shopping and dining offerings at Rego Park Center Mall, conveniently located just two blocks over, and of course Queens Blvd is home to everything from grocery stores to clothing stores. Commuting is easy with the 63rd St R Train Station just a few blocks away and various buses including the Manhattan express bus stop are located right on the corner. Ease of access to the Long Island Express will get you to both JFK and LaGuardia, to Long Island. Manhattan, and anywhere else you want to go in no time. At Park City Estates, the world is at your fingertips! *While the building does welcome pets there are some breed restrictions for dogs. Please inquire. Service animals are of course always welcome.

Features

  • Town: Queens
  • Parking: Waitlist
  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)
  • Levels: 16
  • Amenities: Door Person
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: Park City Estates
  • Year Built: 1960
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit
  • View: City
  • Middle School: Jhs 157 Stephen A Halsey
  • High School: Forest Hills High School
  • School District: Community District 28
  • Pet Policy: Dogs OK, Call, Cats OK
  • Appliances: Dishwasher, Oven, Refrigerator
  • MLS#: 3553466
  • Days on Market: 45 days
  • Website: https://www.raveis.com
    /prop/3553466/615598thstreet_queens_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Landmark II   Phone: 347-846-1200

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

61-55 98th Street, #16J, Queens (Rego Park), NY, 11374

$515,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $412,000 $412,000 $412,000
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 $92 $92 $92
Initial Principal & Interest Pmt $2,503 $2,503 $3,256
Total Monthly Payment $2,595 $2,595 $3,348

* 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.