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Queens (Rego Park), NY, 11374 | $189,000
Spacious Alcove Studio with All-Inclusive Utilities & Unlimited Potential
Welcome to Unit 4J at 98-51 64th Avenue, a generously proportioned alcove studio offering nearly 500 square feet of living space in the heart of Rego Park. Located in a well-maintained, post-war elevator building, this unit presents a rare opportunity for buyers looking to customize their dream home or for savvy investors seeking a flexible sublease policy.
The Space -The apartment features a spacious and airy layout with large windows that bathe the living area in natural light. The alcove design allows for a seamless separation between your sleeping and living quarters, comfortably accommodating a full bedroom set and an entertainment setup. Both the kitchen and bathroom are ready for a full refresh-offering a true "blank canvas" to design a space that reflects your personal style.
Unbeatable Value - One of the standout features of this home is the all-inclusive maintenance. Your monthly fee covers all utilities: heat, hot water, cooking gas, and electricity (with a nominal $30 monthly AC charge).
Building & Lifestyle Residents enjoy an intercom, elevator access, and a clean, updated on-site laundry room. For those thinking long-term, the building offers a highly favorable
sublease policy: owners may sublet indefinitely after just two years of residency (subject to board approval).
The Neighborhood Perfectly situated in vibrant Rego Park, you are just moments away from the M and R subway lines for a quick commute into Manhattan. Enjoy the convenience of the Rego Center-featuring a variety of high-end retail and everyday essentials-along with local parks and a diverse array of dining options right at your doorstep.
Schedule your private tour today to envision the possibilities of Unit 4J!
Features
- Town: Queens
- Levels: 8
- Rooms: 2
- Bedrooms: 1
- Baths: 1 full
- Laundry: Building None
- Year Built: 1949
- Common Charge: $555 Monthly
- Approx Sq. Feet: 495
- View: City
- Pet Policy: Building No,No
- MLS#: RLS20065251
- Days on Market: 36 days
- Website: https://www.raveis.com
/prop/RLS20065251/985164thavenue_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 Corcoran Group Phone: (212) 355-3550
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
Queens (Rego Park), NY, 11374
$189,000
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 | $151,200 | $151,200 | $151,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.149% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $847 | $907 | $1,215 |
| Total Monthly Payment | $922 | $982 | $1,290 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535