1 Ascot Ridge, #1A, Great Neck, NY, 11021 | $298,000

Discover a rare gem in the heart of the Village of Great Neck Estates: A 1 bedroom co-op apartment with old-world charm. From the moment you step into the lobby, you are greeted by the warmth of a beautiful fireplace. This residence begins with a spacious entry foyer with hardwood floors that are throughout the apartment. The living room features French doors that open onto a quaint foot balcony. The eat-in-kitchen is spacious, and can be made into your dream kitchen! The bedroom features two sets of French doors, each leading to its own foot balcony. These doors provide a perfect opportunity for soaking in the fresh air and enjoying the lush surroundings. There is a free outdoor parking lot, while a garage space is available through a waitlist. A storage unit is included, and an on-site laundry facility adds to the convenience. Residents of this apartment also enjoy exclusive access to the Great Neck Estates private waterfront park. This idyllic setting features a pool and tennis courts, offering a perfect blend of recreation and relaxation. The presence of a dedicated police force enhances the sense of security. Located near transportation and the town, this apartment offers the perfect balance of seclusion and connectivity. An assessment of $134 per month, ending in February 2027, ensures the continued maintenance and enhancement of this unique building. With a little TLC, this one-bedroom apartment can be transformed into your dream home, where old-world charm meets modern comfort.

Features

  • Parking: Parking Lot
  • Heating: Natural Gas, Hot Water
  • Cooling: None
  • Levels: 3
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: Ascot Ridge Corp.
  • Year Built: 1935
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit
  • Elem. School: Saddle Rock School
  • Middle School: Great Neck South Middle School
  • High School: Great Neck South High School
  • School District: Great Neck
  • Pet Policy: Dogs OK, Cats OK
  • Appliances: Oven
  • MLS#: 3559622
  • Website: https://www.raveis.com
    /prop/3559622/1ascotridge_greatneck_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Points North   Phone: 516-865-1800

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1 Ascot Ridge, #1A, Great Neck, NY, 11021

$298,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $238,400 $238,400 $238,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.295% 6.644%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,606 $1,606 $2,060
Total Monthly Payment $1,681 $1,681 $2,135

* 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.