37-56 87th Street, #3, Queens (Jackson Heights), NY, 11372 | $239,000

Own This Top-Floor Designer Studio for Under $2, 000/Month — Plus $5, 000 in Closing Credits!

Gut Renovated Studio with High-End Finishes for Sale. Own a luxury space for less than the cost of renting!

This stunningly gut-renovated studio is a perfect blend of style and functionality. Every detail has been thoughtfully curated, from the brand-new floors to the recessed lighting throughout.
The sleek kitchen features stainless steel appliances, a subway tile backsplash, elegant marble flooring, and eye-catching blue cabinets with gold hardware.
Enjoy an abundance of natural light through multiple windows, making the space feel bright and airy all day long. The oversized, spa-like bathroom is a true retreat, complete with a glass sliding door, neutral tones, and a massive walk-in closet for all your storage needs.
Move-in ready and designed to impress—this is a must-see to truly appreciate the high-end finishes and craftsmanship throughout.

Nestled in the vibrant Jackson Heights neighborhood, Monticello Gardens is a conveniently located six-story, 167-unit elevator building erected in 1951. Situated on a serene tree-lined block, it offers a host of amenities, including parking (waiting list), laundry facilities, bicycle storage, and a live-in super. Pets are welcome, and subletting is permitted after two years, subject to board approval as per house rules. Within a short distance of local amenities and transportation, residents can relish easy access to dining, shopping, and entertainment options. The building is well-maintained with no flip tax.

Features

  • Town: Queens
  • Cooling: Window Units
  • Levels: 6
  • Amenities: Bike Room; Garage; Laundry Room; Private Storage For Fee;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Monticello Gardens
  • Year Built: 1951
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: 2150226
  • Days on Market: 203 days
  • Website: https://www.raveis.com
    /prop/2150226/375687thstreet_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of EXP REALTY LLC

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
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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

37-56 87th Street, #3, Queens (Jackson Heights), NY, 11372

$239,000

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 $191,200 $191,200 $191,200
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 6.209% 6.168% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,086 $1,145 $1,537
Total Monthly Payment $1,161 $1,220 $1,612

* 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.