Your perfect investment or future home awaits in this *stunning* 1-bedroom condo located in the heart of **Ridgewood, Queens**. This modern, move-in-ready unit features: ? Sleek stainless steel kitchen** with dishwasher, microwave, quartz countertops, and subway-tiled backsplash ? Convenient **Washer/Dryer in-unit ? Individually controlled heating/cooling split HVAC units ? Ample storage with a personal storage locker ? Deeded parking spot included** in the purchase price for ultimate convenience ? Building amenities include a **common roof deck** with panoramic views, a **fitness room** ? Pets Allowed This unit comes with a **tenant in place until January 2026, making it a fantastic opportunity for investors Set on Fresh Pond Road and Menahan Street, this condo puts you right in the center of Ridgewood's thriving scene, known for its mix of restaurants, bars, and parks. Explore: ??? **Great Local Dining**: Enjoy meals at **Rosa's Pizza**, **The Ridgewood Ale House**, and **Milk & Pull Coffee Shop** ?? **Bustling Nightlife**: Relax at **Onderdonk & Sons** or unwind at **Julia's Beer and Wine Bar** ?? **Parks & Recreation**: Take a stroll through **Grover Cleveland Park** or explore the greenery at **Forest Park**, with walking trails, picnic areas, and more ?? **Convenient Transit**: Easy access to **Q58, Q38, Q54, Q64 buses** and the **M subway** at **Fresh Pond Road**, making commuting to Manhattan and beyond a breeze a **deeded parking spot**
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Our Executive Mortgage Banker:
Our Insurance Division:
$645,000
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 | $516,000 | $516,000 | $516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $36 | $36 | $36 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,564 | $3,430 | $4,352 |
Total Monthly Payment | $3,692 | $3,558 | $4,480 |
* 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.