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Step into the vibrant heart of Rego Park with this spacious, high-floor studio—a perfect sanctuary for first-time buyers or busy professionals seeking effortless city living in a full-service cooperative. Designed for those who appreciate the perks of urban life without the hassles, this residence offers all utilities, including electricity, bundled into the low monthly maintenance, making budgeting simple and stress-free. With no flip tax and the flexibility to sublet after two years, this property offers long-term value and peace of mind as your needs evolve. Enjoy the convenience of elevator service, on-site laundry, and pet-friendly policies—features that cater to modern needs and enhance day-to-day comfort. Outside, discover the best of Rego Park and Forest Hills within moments of your door. Effortless commutes to Manhattan and beyond are yours with the E & F subway lines and Long Island Rail Road nearby. Stroll to Trader Joe’s, CVS, Starbucks, Dunkin’ Donuts, and countless restaurants lining the neighborhood streets, Big-box shopping destinations like Costco and the iconic Queens Center Mall put every convenience at your fingertips, while neighborhood parks, green spaces, and lively sidewalks foster a true sense of community. Inside, you’ll find gleaming hardwood floors, an eat-in kitchen with stone counters, new water filtration system and abundant closet space, all move-in ready and designed for relaxation and practical living. Building amenities and a welcoming atmosphere make settling in easy, while the walkable neighborhood invites you to enjoy the best of urban life, This is an exceptional opportunity to enjoy a lifestyle of convenience, comfort, and connectivity—your perfect home base in one of Queens’ most desirable neighborhoods.
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:
$235,000
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 | $188,000 | $188,000 | $188,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,126 | $1,173 | $1,549 |
| Total Monthly Payment | $1,201 | $1,248 | $1,624 |
* 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.