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Every Home Owner's Dream! Rarely available, Most desirable 1 Bedroom CONDO in the entire building, with an additional multi use room. Flooded with natural light and measuring approximately 1, 000 Sq Ft. Located in the heart of the Jackson Heights Historic District, in the Top Tier of buildings, The Colton Condominium. Beyond a huge entryway with two large closets, the home flows into a bright, open-concept living room and dining room. The kitchen sits just off the dining space. The enormous sunny living room features original arches, built-in bookshelves and hardwood floors under the carpet. The primary bedroom suite accommodates a King size bedroom set, 2 windows and a large closet. You will be pleasantly surprised with an additional multi use space with a window that is perfect for an office space or a spare bedroom. The windowed bathroom includes both a tub and an enclosed stand-up shower. Voted #3 of the best neighborhoods to live in NYC by Curbed NY. This landmark building amenities include a Part-time Doorman, Gym, Laundry Room, Storage Units, Bike Room, Elevators, 24/7 Live-in Super who is a Licensed Contractor, 24 Hour Surveillance Cameras and Wheelchair Access. Conveniently located within a short distance to transportation, shops, the farmers market and recently renovated Travers Park. This CONDO makes your investment dreams a reality! Subletting is allowed!
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 | $543,200 | $543,200 | $543,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,660 | $3,660 | $4,695 |
Total Monthly Payment | $3,752 | $3,752 | $4,787 |
* 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.