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Sunny and Bright 2-Bedroom Co-op in Great Neck Terrace with Desirable South and East Exposures Located just a 9-minute walk from the Little Neck LIRR station with direct service to Penn Station in only 30 minutes and Grand Central on the Port Washington Branch, this spacious second-floor unit offers both comfort and convenience. As a top-floor residence, you’ll enjoy extra privacy with no one living above you. The living room, kitchen, and bedroom feature custom built-in furniture w/ integrated storage in addition to numerous closets. The oak kitchen cabinets, slate-tiled bathroom, and overall stylish design create a modern, functional, and elegant living space. Residents of Great Neck Terrace enjoy beautifully landscaped grounds and an array of amenities, including an Olympic-size pool, kiddie pool, playground, basketball and volleyball courts, dog run, and 24-hour security patrol. The building also offers assigned parking and in-building laundry facilities for added convenience. Monthly maintenance includes taxes, heat, hot water, landscaping, snow removal, a dedicated parking spot, and access to resident pools. The community is part of the Great Neck Park District, providing additional access to sports, parks, and recreational facilities. This pet-friendly home is zoned for top-rated Great Neck schools (North or South) and is close to Northern Boulevard, multiple bus lines (N20G, Q12, QM3, Q36), and shopping options including H-Mart, J-Mart, and Planet Fitness. Do not miss the opportunity to own in one of the most desirable communities in Great Neck. Email today to schedule a private showing. All information is deemed reliable but not guaranteed and should be independently verified.
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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 | $335,040 | $335,040 | $335,040 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,982 | $2,063 | $2,715 |
| Total Monthly Payment | $2,057 | $2,138 | $2,790 |
* 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.