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Welcome to the Monterrey, a beautifully maintained and very desirable post-war cooperative with elevators, secure package room, keyless entry, upgraded intercom system in the heart of Jackson Heights around the block from the 7 train. Commuter and walker paradise next to ethnic restaurants, cafes, shops, salons, spas, ModernMD Urgent Care, Mount Sinai Medical, Duane Reade pharmacy, UPS, Fedex, banks, near Target, Elmhurst hospital, post office, police, fire stations, supermarkets, family owned groceries/pharmacies and the Sunday Farmer’s Market at Travers Park. Experience ultimate convenience with close access to multiple transit options from the 74th street & Roosevelt avenue hub including the E, F, M, R subways, the Q23, Q29, Q32, Q33, Q47, Q49, Q53 and the free Q70 LaGuardia airport link express bus. Nestled between the Brooklyn Queens expressway and Grand Central parkway. Around 22 minutes non rush hour drive to LGA and 15 minutes to Manhattan by train! A live-in super keeps the building immaculate and safe. Wheelchair accessible and pet friendly with additional storage for items such as bikes and a locker for miscellaneous items are available. First floor commercial style laundry room, spacious and shared rooftop deck from April to November with a parking garage spot on a 6 month waitlist for $175 per month completes the amenities in this building. Monthly maintenance of $848. 88 includes taxes, heat and water. For those who value flexibility, the board allows subletting after two years of ownership with approval.
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:
$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,812 | $1,939 | $2,587 |
| Total Monthly Payment | $1,887 | $2,014 | $2,662 |
* 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.