Apartment 4A is a fantastic opportunity to own your own home for less than renting! This sunny southeast-facing studio is ready for you to make it your own. It features a brand-new floor, a Pullman kitchen with new subway tile backsplash and quartz countertop, a separate dressing area, new light fixtures and a full bathroom complete with a large cast-iron bathtub. You'll love the private terrace and the convenience of three large and deep closets. Additional storage is available for rent in the basement, and parking is offered at just $68-$100 per month. With low maintenance fees of $528 that include all utilities, this pet-friendly home is a deal you don’t want to miss! Roosevelt Terrace combines affordability with convenience in the heart of Jackson Heights. This well-maintained, 100% owner-occupied co-op features onsite management, elevators, playground, event space, game room, laundry facilities, Amazon delivery lockers, bike storage, dedicated superintendent and porter. Subletting is not permitted. Why Jackson Heights? This neighborhood is one of NYC’s famous gems, offering: Easy access to the E, F, M, R, and 7 trains for effortless commuting. A rich cultural scene with incredible food, stunning architecture, and community events. LGA is easily accessible with a 10 minute bus ride. A block away, enjoy 34th Avenue/Paseo Park, a lively open street perfect for exercising, socializing, or walking your dog. The year-round Jackson Heights Greenmarket near Travers Park, where you can find fresh produce and gourmet treats every Sunday. An extremely convenient neighborhood with multiple grocery stores, retail stores and restaurants only minutes away. Don’t miss your chance to own in one of NYC’s most exciting neighborhoods. Schedule a showing today and see why Queens is the future—and Jackson Heights is the place to be! (Note: Some images are virtually staged. )
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William Raveis Mortgage, LLC
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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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,051 | $1,063 | $1,349 |
Total Monthly Payment | $1,126 | $1,138 | $1,424 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.