This stunning two bedroom, one bathroom residence at the Berkeley C-op, located on a tree-lined street in the heart of the historic district of Jackson Heights is move-in ready! Enter the spacious foyer, large enough to serve as an office or den, and take a moment to notice the classic 1930s Art Deco architecture of the apartment. The gorgeous sunken living room with raised dining area boasts dramatic curved archways, 9 foot ceilings, oak hardwood flooring and sunshine streaming through three brand new western-facing windows. And brand new windows adorn every room in the apartment. Next to the dining area is a sleek renovated windowed kitchen featuring a Fisher & Paykel Refrigerator and new Frigidaire stove. The huge primary bedroom, large enough for a king size bed and additional furniture, also has western-facing windows and two closets. A second bedroom with closet is eastern-facing on the garden side of the co-op. The renovated windowed bathroom features both a bathtub, shower stall and closet. There are a total of 7 closets in the apartment. Pets are welcome at the Berkeley!
The elegant Berkeley Co-op consists of three buildings built in 1937 and 1938. A beautiful courtyard garden is maintained by residents on a volunteer basis. The garden with its lovely teak furniture are enjoyed by residents and pets too, in a pet-friendly area of the garden. Each building has laundry facilities, storage (wait list) and bike rooms. Both Fios and Spectrum are available. Subletting is allowed after 5 years. A community room and playroom will soon open in the 77th Street building. There is currently a 3 year assessment of 127 dollars monthly for the new windows, ending in March 2025. Residents enjoy the Sunday farmer's market and recently renovated Travis Park within 2 blocks. Local favorites include: 77 Espresso, Lety's Bakery & Cafe, Lemon Farm, Table Wine, Stand Alone Cheese and the Queensboro Restaurant. The 74th Street/Broadway subway station hub has 5 subway lines: E/F/M/R/7. Visit Jackson Heights and discover one of NYC's best kept secrets.
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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 | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.297% | 5.597% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,787 | $3,641 | $4,856 |
Total Monthly Payment | $3,879 | $3,733 | $4,948 |
* 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.