The fabulous historic Chateau Apartments designed by Andrew J. Thomas built in the 1920's is one of the largest complexes is in the Heart of the Jackson Heights Historic District and this charming unit comes with architectural details beyond your dreams. When you enter the apartment and walk into the foyer, within a few steps you can see the original hearth of their woodburning fireplace. The living room with 9' high ceilings. The amazing natural light can be experienced most of the day with east, west, north and south sun exposures. This unit is on the 2nd floor of a 5-story building. The primary bedroom has built-ins with an ensuite bathroom and great closet space. And if needed, this huge bedroom could be a divided, returning this unit to a four-bedroom apartment. The second bedroom can also be used as a study or an office. The third bedroom has a built-in murphy bed along with extensive storage. Oak hard wood floors in the living and dining rooms and beneath the carpet in the bedrooms. The main bathroom is fully renovated. The kitchen has been recently renovated with all updated appliances and the dining room is perfect for entertaining. The architectural details are unique, and your new home is just steps away from Paseo Park, the largest "Open Street in NYC. " The Old-World Charm of the Chateau continues into their private garden with benches and mature trees. The garden has been recently restored. A private storage bin is included with unit and the super is on premises. Flip tax of 1% is paid by the buyer at closing. There is an ongoing $200 monthly assessment. 30% down payment required. Pets and subletting ARE NOT ALLOWED.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $982,400 | $982,400 | $982,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,811 | $6,290 | $8,357 |
Total Monthly Payment | $5,936 | $6,415 | $8,482 |
* 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.