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Charming 1 Bedroom, 1 Bathroom in Historic Jackson Heights – A Perfect Renovation Opportunity Welcome to this cozy and inviting 1-bedroom, 1-bathroom apartment located in a charming post-war 1946 building in the heart of the historic Jackson Heights neighborhood. With its ideal layout, generous space, and fantastic building amenities, this unit is an excellent opportunity for a buyer looking to add their personal touch and create a custom living space. Key Features: • Bright and Spacious: Enjoy an abundance of natural light with northeast and southwest-facing windows, filling the apartment with sunlight throughout the day. • Ample Storage: Plenty of storage space throughout the apartment, offering you a practical and organized living experience. • Kitchen with Dining Area Separation: The kitchen features a dining area separation, providing an opportunity for a dedicated space for meals or extra seating. • TLC Opportunity: This unit is ready for your vision! With a bit of TLC, this apartment can be transformed into a stylish and modern space, tailored to your unique taste and specifications. Building Amenities: • Parking: Convenient on-site parking for residents. • Gym: Stay fit and healthy with access to the building's gym. • Evening Doorman: Enjoy peace of mind with a doorman on duty in the evening. • Backyard: A lovely backyard space for outdoor relaxation or entertaining. • Live-In Super & Porters: The building’s live-in superintendent and additional porters ensure maintenance and services are handled promptly and efficiently. Located in one of Jackson Heights' most sought-after areas, this building combines convenience, comfort, and a touch of history. Whether you're looking to invest in a property with future potential or create a home that reflects your personal style, this apartment offers endless possibilities. Don't miss out on this rare opportunity to make it your own! Contact us today to schedule a viewing!
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Our Executive Mortgage Banker:
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$399,000
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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,965 | $2,097 | $2,651 |
Total Monthly Payment | $2,040 | $2,172 | $2,726 |
* 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.