Opportunities like this are few and far between! Discover a rare chance to own this expansive combination unit offering over 2, 000 square feet of living space in a highly sought-after location at the Virginia! This unique, corner residence features an entry foyer which connects to a spacious corridor and expansive living room. 3 large bedrooms, 3 full baths, a comfortable den, and a formal dining room is easily convertible to a 5-bedroom, 4-bath layout to suit your needs. Enjoy an updated kitchen with a pantry, rich cherry cabinets, and elegant granite countertops, along with an additional kitchenette, which can be converted into a 4th full bath creating a second primary suite. The unit's desirable south, east, and west exposures bring in abundant natural light all day highlighting the charming prewar details of 9ft ceilings and beautiful solid oak hardwood floors throughout. The Virginia is situated on the borderline of Forest Hills and Rego Park. This well-maintained prewar building is one of the few pet-friendly buildings in the area with a 35lb weight restriction. Residents enjoy the convenience and security of a new video intercom system, a live-in super, and laundry room. No flip tax when you sell and subletting is allowed after 2 years of residence. A way of life with convenience to a stellar selection of diverse restaurants, cafes, bars, and shops. Quick and seamless access to the local R and M trains, highways, LIRR, and express buses to Manhattan. Friendly community just minutes to parks, playgrounds, and shopping on Austin Street.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,390 |
Total Monthly Payment | $4,452 | $4,340 | $5,482 |
* 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.