Charming Coop in the Heart of Rego Park! Welcome to unit 4J at 98-51 64th Avenue, a delightful coop nestled in Rego Park, one of Queens' most vibrant and sought-after neighborhoods. This inviting post-war, low-rise building embodies the perfect blend of classic New York charm and modern convenience.
Unit Highlights: As you step into this lovely 495sf Alcove Studio, you'll notice the spacious and airy layout immediately. The living room is drenched in natural light, courtesy of large windows that also offer picturesque views of the neighborhood. Imagine yourself unwinding here after a long day, with plenty of space for both relaxing and entertaining. The kitchen and bathroom needs some work and offered as a blank canvas to create the design and atmosphere you desire. The living/sleeping area is generously sized, that can fit all your furniture and then some! You'll love waking up to the serene environment this unit provides.
Utilities: All utilities are included; heat, hot water, cooking gas, and electricity. There's a monthly $30 air conditioning charge.
Building Amenities: Living in this coop means enjoying a suite of excellent amenities. The building offers a secure entrance and elevator access, ensuring your convenience and peace of mind. There is also a laundry room on-site, so you never have to worry about those laundry day blues again.
Neighborhood Features: Rego Park is a vibrant community that's brimming with attractions and conveniences. You'll be a stone's throw away from several parks, perfect for weekend strolls or engaging in outdoor activities. For your retail therapy needs, the nearby Rego Center offers a plethora of shopping options, from everyday necessities to high-end brands. Commuting is a breeze with multiple public transportation options close by, including the M and R subway lines, ensuring seamless travel throughout New York City. A variety of dining options add to the allure of this beloved neighborhood.
Call to Action: Don't miss out on the opportunity to make unit 4J your new home. Schedule a showing today and experience firsthand the comfort and convenience that awaits you in this charming Rego Park coop. Reach out now to arrange your private tour! We can't wait to welcome you to your future home!
Sublease Policy: Sublease is allowed after two years and indefinitely. Leases must be of minimum one year, renewable, subject to board approval.
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Our Executive Mortgage Banker:
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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 | $158,400 | $158,400 | $158,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,054 | $1,053 | $1,358 |
Total Monthly Payment | $1,129 | $1,128 | $1,433 |
* 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.