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25 Park Place, #3R, Great Neck Plaza, NY, 11021 | $425,000
BACK ON MARKET! This unit was fully Board Approved with a cash buyer who was cleared to close. The buyer defaulted just before closing due to personal reasons. The good news for you: The apartment is a "proven" deal—no issues with board review, appraisal value, or property condition. We are back to active status and looking for a buyer who is ready to act. Top floor, private terrace, and parking immediately available. Move-in ready! Welcome home to Apartment 3R at The Dorset, a sun-filled top-floor Junior 4 (one-bedroom + office) co-op featuring its own east-facing, private covered terrace - perfect for morning coffee or evening relaxation. This residence blends modern updates with timeless comfort, featuring a renovated kitchen with stainless steel appliances, spa-inspired bathroom, gleaming hardwood floors, and excellent closet space throughout. Truly move-in ready, the apartment’s open layout is perfect for both entertaining and everyday living. The Dorset is a boutique, well-managed elevator co-op in the heart of Great Neck Plaza. Residents enjoy: Indoor and assigned parking immediately available ($75/month) + Low monthly maintenance + Private Storage + Laundry room + Package Room + Bike Storage + Live-in superintendent + Modern intercom system with phone connectivity. Prime Location - LIRR is 2 blocks away (5 min walk), with express trains reaching Grand Central in 31 min and Penn Station in 25 min. Everything you need is moments away - shops, restaurants, and daily conveniences all within a few blocks. Minutes to major highways. Residents enjoy access to the Great Neck Park District, including pools, tennis courts, playgrounds, lazy river, Steppingstone Park, plus the option of zoning for award-winning Great Neck South or North Schools. Firefighters Park is steps away, featuring picnic areas, a gazebo, summer concerts, and farmers' markets. A rare opportunity to own a terrace apartment with parking, outdoor space, and an unbeatable location in one of Great Neck’s most desirable addresses. Note: Sale subject to board approval. Not an offering. Terms available from sponsor. Info deemed reliable but not guaranteed. Images may be enhanced. Equal Housing Opportunity. All laws observed.
Features
- Parking: Assigned, Garage, Private, Underground
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- Rooms: 5
- Bedrooms: 1
- Baths: 1 full
- Year Built: 1965
- Approx Sq. Feet: 875
- Acreage: 0.86
- Elem. School: E M Baker School
- Middle School: Great Neck South Middle School
- High School: Great Neck South High School
- School District: Great Neck
- Pets Allowed: No
- Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
- MLS#: 920746
- Days on Market: 22 days
- Website: https://www.raveis.com
/prop/920746/25parkplace_greatneckplaza_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
25 Park Place, #3R, Great Neck Plaza, NY, 11021
$425,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,930 | $2,036 | $2,733 |
| Total Monthly Payment | $2,005 | $2,111 | $2,808 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535