Incredible investment opportunity with LOW monthly maintenance!
THE APARTMENT: Apartment, 5B offers an impressive layout and plenty of space, ideal for both entertaining and comfortable living. With 765 square feet, it features a large and wide, 21' x 12'8" living room with three oversized windows, allowing for plenty of natural light from the north. The adjoining 10'7" x 8 dining area or foyer adds flexibility, perfect for intimate meals or larger gatherings. The separate, windowed kitchen, sized at 11'6" x 7', is ready to be tailored to your design preferences, whether you're envisioning ceiling-height cabinets, a pass through, or a cozy breakfast nook. The bathroom, also windowed, comes with a classic 60-inch tub and original square tiles, bringing a touch of charm and
functionality. The corner bedroom is impressively spacious at 15 x 14'3" feet, with two closets and west-facing views that open up to the Manhattan skyline.
This apartment has both character and potential, making it a unique canvas for personalization.
THE BUILDING: Discover the charm and convenience of The Surrey, a beautifully maintained pre-war cooperative in the heart of Jackson Heights. Built in 1937, this elegant six-story elevator building, part of the Mayfair-Surrey complex, offers a range of amenities including a live-in superintendent, on-site laundry, rentable storage, and a secure bike room. The complex also features a tranquil, private garden with thoughtfully designed plantings and cozy seating areas-an inviting oasis perfect for relaxing or unwinding with neighbors.
Why You'll Love Living Here: Diversity is the hallmark of this beautiful neighborhood. An array of wonderful restaurants and shops including, the Upstairs Cocktail Bar, Espresso 77, UFC, Starbuck's, Arapa Lady, Arunee Thai, Due Fratelli, Jackson Diner, the Queensboro, Jax Inn Diner, Sagar, Romeo's,
Little Tibet, Table Wine and more, are just down the street. The JH Historic District is two blocks away, the Beautifully Redesigned Travers Park playground
and Sunday Farmer's Market are six short blocks from the building, and Blink Fitness is six blocks away as well! The Surrey is located less than two blocks from the Roosevelt Avenue/74th Street Subway Stop (E/F/R/M/7) and an amazing 11-minute commute to Midtown Manhattan! Travelers enjoy a 10-minute cab ride or express MTA bus to LaGuardia Airport, 20-minute E Train ride to the AirTrain to JFK Airport, and sports enthusiasts enjoy a 12-minute 7 Train ride to
Citi-Field, Corona Park and the U. S. Open Tennis Center. Find out more about beautiful Jackson Heights by exploring the Jackson Heights Global Town Square
Walking Tour or view the critically acclaimed documentary, "In Jackson Heights"!
Reduce your monthly costs WITHOUT giving up on space, location, building amenities, and the dream of homeownership!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$329,990
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 | $263,992 | $263,992 | $263,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,756 | $1,755 | $2,264 |
Total Monthly Payment | $1,831 | $1,830 | $2,339 |
* 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.