This modern condo in the prime location of Rego Park offers a comfortable and convenient lifestyle. The 2-bedroom, 2-bathroom unit boasts a large private balcony, perfect for relaxing or entertaining. The interior is designed to maximize natural light with large floor-to-ceiling windows and features elegant hardwood flooring throughout. Convenience is key with a washer and dryer included in the unit. The kitchen is a chef's dream, equipped with high-end stainless steel appliances such as a double gas range, refrigerator, dishwasher, and a high-performance range hood. The kitchen also features a stainless steel sink, quartz countertops, and ample cabinet space. The Galaxy Tower Condos are ideally situated within a short distance to a variety of shops at the 63rd Rego Park Center, including popular stores like IKEA, Costco, Marshalls, BedBath & Beyond, Burlington, and TJ Maxx. Commuting is a breeze with the M and R trains, buses, and major thoroughfares just 5 minutes away. Additionally, the low carrying cost and 421A Tax Abatement until 2028 make this condo a more attractive option.
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Our Executive Mortgage Banker:
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$668,000
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 | $534,400 | $534,400 | $534,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $192 | $192 | $192 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,555 | $3,511 | $4,507 |
Total Monthly Payment | $3,839 | $3,795 | $4,791 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.