70-35 Broadway, #A020, Jackson Heights, NY, 11372 | $220,000

Buyers rejoice! Unit #A20 offers all the convenience of an incredible location without breaking the bank. Just a few steps above ground level, this first-floor residence does not require a trip on the elevator. This unique layout boasts a soaring 9'6" ceiling that enhances the sense of space. 2 closets conveniently store personal items. The enormous bedroom can easily accommodate a king-sized furniture ensemble. The generous dimensions allow for 2 additional closets for extra storage capacity. Windows in every room allow for great ventilation. Come see the potential for yourself! For those with a discerning eye and budget for a renovation, this incredible apartment can be transformed into a stunning modern home. We hope that the virtually remodeled photos inspire you to create the home of your dreams. Heat and water included in the low monthly maintenance of $591. 02. Immediate subleasing allowed! Purchase with or without the current tenants in place, who currently pay $1, 500/month. Perfect investment opportunity that yields 5. 5% return! ($1, 500 - 591. 02) * 12 / $200K = 5. 5%. Only 3 blocks to the subway - E, F, M, R, 7 trains! Just 7 blocks to LIRR. Sorry, pets are not allowed. The main retail thoroughfare is 37th Avenue from 72nd Street to Junction Boulevard. Supermarkets: Apna Bazar Farmers Market and Food Dynasty Laundry: Laundrybee (Open 24/7) on the same block! Pharmacy: 1 block to Duane Reade Many restaurants nearby! Retail on 82nd Street: Banana Republic, Foot Locker, Carter's, Gap, GNC, ATT, T-Mobile, Gamestop, Fedex, and many others

Features

  • Heating: Other, Hot Water
  • Cooling: Window Unit(s)
  • Levels: 6
  • Rooms: 2
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: Hillcrest Owners
  • Year Built: 1927
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit
  • Elem. School: Ps 222-Ff Christopher A Santora,Ps 69 Jackson Heights
  • Middle School: Is 230
  • High School: William Cullen Bryant High School
  • School District: Community District 30
  • Pet Policy: No
  • MLS#: 3448348
  • Days on Market: 433 days
  • Website: https://www.raveis.com
    /prop/3448348/7035broadway_jacksonheights_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Oxford Property Group USA   Phone: 212-300-6412

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

70-35 Broadway, #A020, Jackson Heights, NY, 11372

$220,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $176,000 $176,000 $176,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,216 $1,170 $1,509
Total Monthly Payment $1,291 $1,245 $1,584

* 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.