This renovated, top-floor, corner apartment has just been reduced by $20, 000, and mortgage interest rates are at a convenient, new low! You will be impressed by this apartment's huge layout, panoramic north and east views, and overall pre-war charm! Upon entering, there is a large foyer that can be used as an office or dining room and a very spacious, sun-bathed living room. There are 9 foot ceilings, patterned hardwood floors, picture molding, antique, crystal doorknobs, and five oversized closets throughout the apartment. The apartment is located in Jac Towers, a beautiful 1936 building with a striking lobby. The pet-friendly co-op is well maintained with rentable storage, a bike room, laundry room and live-in super. It is a short walk to the 74th Street train station (E/F/M/R/7 trains) from which you can get to midtown Manhattan in just three stops! The building is also steps away from 34th Avenue, a pedestrian walkway (from 69th to 94th Streets) featuring perennial flowers and concrete slab murals. A few blocks away is Travers Park, which offers a large lawn, two playgrounds, basketball courts, tennis courts, and a dog run. Also close by is an extensive Farmer's Market which runs year round. This apartment is a gem--spacious, affordable, on the top floor of a beautiful building, and located in a diverse neighborhood close to Manhattan. Special, 6-month assessment of $176. 94/month for facade work.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $343,999 | $343,999 | $343,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,376 | $2,318 | $2,926 |
Total Monthly Payment | $2,451 | $2,393 | $3,001 |
* 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.