Spacious, south-facing, bright and newly renovated 1 bedroom, 1 bathroom co-op located on the 4th floor of a meticulously maintained building in the esteemed Cherry Lane Owners Corp. The apartment was renovated in 2022 with new floors, lighting, brand new kitchen with new appliances, and updated bathroom. Apartment Features: New Wood Flooring: Recently installed for a fresh look. Elegant and easy-to-maintain flooring throughout. Fully-Renovated Kitchen: Well-equipped kitchen, perfect for cooking enthusiasts with new high-end kitchen appliances: 30 inches Kraus Sink, Samsung gas smart range, 33 inches Large French door GE Cafe refrigerator, Fotile ventilation system. Updated Bathroom: New stylish and functional LED Vanity. New Kohler Toilet and high-quality bathroom fixtures. Plenty of Closet Space: Abundant storage to keep your home organized. Lots of Windows: South-facing, bright and airy with ample natural light. LED Ceiling Lights: Modern and energy-efficient lighting throughout the apartment. Prime Downtown Flushing Main Street Location: Ideally positioned, mere steps away from many supermarkets, parks, restaurants. Near the library, the post office, schools, and the subway and train station. Bus stop directly in front of the building and quick access to highways. Building Details: Maintenance: $522 per month, includes all utilities, except electricity. Laundry Room: Convenient on-site laundry facilities. Well-Kept and Well-Maintained: Enjoy a meticulously cared-for building. Board Approval Required: Ensures a community of responsible residents. No Pets Allowed: Ideal for those with allergies or preferences for a pet-free environment. Subletting Allowed After 2 Years. Additional Information: Approximate Size: 800 square feet of comfortable and spacious living area. School District: #25; Subject to Terms & Conditions of an Offering Plan Information Deemed Accurate, Should Be Independently Verified. , Additional information: Appearance: excellent
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Our Executive Mortgage Banker:
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$430,000
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 | $344,000 | $344,000 | $344,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,347 | $2,286 | $2,926 |
Total Monthly Payment | $2,422 | $2,361 | $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.