JUST LISTED! PRICED TO SELL!
Email NOW to request a Video or schedule a Private Tour BEFORE the first Open House on Dec 7.
Welcome home to this rarely available, largest XXL 1 BEDROOM (easily Convertible 2 BEDROOM), 1 Bathroom CONDO, flooded with natural light, city views and measures approx 1, 052 Sq Ft. Located in the heart of the Jackson Heights Historic District in the top-tier, landmark COLTON Condominium. Enter this spacious home into an open-concept entry hall / home office, living room and dining area. The enormous living room drenched in southern sunlight features original arches, 3 Windows and beautiful hardwood floors throughout. Adjacent to the elevated dining room, the windowed kitchen has an abundance of cabinet / storage space and stainless steel appliances. The primary suite accommodates a KING-SIZE bedroom set, sitting area / home office, 2 Windows and 2 Large Closets in a separate dressing room area. The windowed bathroom includes both a tub and separate shower. This CONDO makes your investment dreams a reality because they’re scarce (only ~ 5% Total Inventory) and desirable in Jackson Heights for appreciation and re-sale value. Voted #3 of the Best Neighborhoods to live in NYC by Curbed NY.
Amenities Include: Elevators; 24/7 Laundry Room; Virtual Doorman (early 2025); Gym; Bike Room; Live-in Super; Rooftop (Under Construction); Security Cameras; Wheelchair Access. Conveniently located within a short distance to transportation, shops, the farmers market and Travers Park.
SUBLETTING / RENTING Allowed Immediately.
Sorry NO PETS Allowed.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $559,200 | $559,200 | $559,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,862 | $3,767 | $4,757 |
Total Monthly Payment | $3,954 | $3,859 | $4,849 |
* 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.