Welcome to Apartment #3, a gorgeous pre-war residence in Linden Court, Jackson Heights’ first original garden co-op, built in 1919. This spacious third floor apartment is charming, sunny and move-in ready with a perfect layout, ample room sizes, and four exposures. The apartment features a large living room, separate dining room, a renovated kitchen with quartz countertops, dishwasher and a breakfast bar. There are white oak floors throughout and two nice bedrooms, and an updated, windowed bathroom with a full-sized bathtub. The apartment includes its own storage room in the basement. This is a walkup building with 12 units. Laundry and bike storage are in the basement. Dogs and cats are welcome. Subletting is permitted for a maximum of two years after living in the apartment for at least three years. An added bonus is the possibility of a garage space: this is the only prewar co-op of its kind in the neighborhood that offers this amenity. There is an attentive live-in super. This is a financially-sound building with good reserves. Active participation on the co-op board is required. At the heart of Linden Court is its peaceful, block-long garden lined with century-old Linden trees. Known today for its warm and friendly garden community, Linden Court was built in 1919, answering the need for green space and fresh air. Linden Court is a place where you can have a little nature in the middle of bustling Jackson Heights, a neighborhood with wonderful restaurants and unparalleled diversity. 167 languages are spoken here. Queens is the future!
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William Raveis Real Estate
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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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,274 | $3,190 | $4,048 |
Total Monthly Payment | $3,366 | $3,282 | $4,140 |
* 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.