LARGE 1-BEDROOM ON A HIGH FLOOR WITH INCREDIBLE OUTDOOR SPACE!
Modern and luxurious lifestyle awaits at The Drake, where elegant residences are only amplified by unparalleled amenities. Named for a former Rego Park mainstay, a movie theater that opened in 1935, this 419-unit rental building offers stylish residences, all boasting private outdoor space.
The apartments feature bright contemporary kitchens boast stainless steel appliances by Whirlpool, Signature Hardware fixtures, quartz countertops artfully accented by a white subway tile backsplash, and a blend of high gloss and wood cabinets. The clean modern design continues in the bathrooms, which offer light wood vanities, Kohler soaking tubs, and separate shower stalls.
Amenities extend far beyond the apartments, and include a modern doorman-attended lobby, a cutting-edge fitness center, thoughtfully designed resident lounge and playroom, a dog run and pet spa to make your pet feel at home. Additional conveniences include a laundry room and expansive storage space and much more.
Rego Park is a spirited neighborhood rich in character and New York charm. Local eateries serve up a diverse variety of cuisines, and destinations like Rego Park Center and Queens Center make shopping a breeze. Nearby Flushing Meadows Park is a major area attraction, home to widely recognized sites like Citi Field, the New York Hall of Science, the Queens Museum, and the USTA Billie Jean King National Tennis Center.
For adventures near and far, the E, M, and R subway lines are right in the neighborhood and offer a smooth trip no matter where you’re headed especially 20 minutes into Manhattan.
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:
$2,500
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 | $2,000 | $2,000 | $2,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $17 |
Total Monthly Payment | $88 | $88 | $92 |
* 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.