Classic prewar details await in this handsome one-bedroom, one-bathroom home offering excellent storage space, garden views and a spacious, flexible layout in a historic Jackson Heights co-op. Inside this spacious home, you'll find all the hallmarks of 1930s apartment design, from the tall coved ceilings to the inlaid herringbone hardwood floors. The thoughtful layout begins with an entry alcove perfect for a home office area. A graceful archway opens to the oversized living room, where you'll find plenty of space for seating and dining areas alongside eastern treetop views. Enjoy casual meals in the oversized windowed kitchen, featuring rows of wood cabinetry, long countertops, tile backsplashes and full-size appliances. The king-size bedroom offers two roomy closets and corner windows overlooking the verdant garden. The full bathroom includes a large tub/shower. Five total closets provide generous storage throughout this charming Jackson Heights home, and a storage unit is available for purchase. Built in 1939, Arlington Hall is a Neo-Georgian brick apartment house designed by Joshua Tabatchnik. Residents of the well-maintained cooperative enjoy live-in superintendent service, a common garden, laundry, a bike room and storage. Subletting and 80% financing are permitted with board approval. Sorry, no dishwashers or pets allowed. There is a flip tax of $5 per share. This desirable Jackson Heights Historic District location is just one block from Paseo Park — the 26-block-long 34th Avenue Open Street, including a permanent pedestrian plaza and wide bike lanes. Two blocks away, renovated Travers Park offers a playground, sports courts and a wonderful year-round greenmarket. Outstanding shopping, dining and nightlife destinations fill the nearby streets, and world-class recreation, sports and entertainment can be found at Flushing Meadows Corona Park, the USTA Tennis Center, Citi Field and the recently announced New York Football Club stadium complex. Nearby 7, E, R and F/M trains, excellent bus service, the BQE and LaGuardia provide easy access to the rest of the city or wherever your travels may take you.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $1,967 | $2,484 |
Total Monthly Payment | $2,092 | $2,042 | $2,559 |
* 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.