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Welcome to Roosevelt Terrace a well-run cooperative in the heart of Jackson Heights Historic District with beautiful gardens and more. This spacious bright two-bedroom unit you enter the open plan unit to a large foyer with built-in cupboards and two large closets. The foyer leads you to the living /dining room with southern exposure that continues to a lovely terrace. The terrace is equipped with all the best planting tables to have a wonderful container garden. Great for the gardener and flower lover in your future home. The hardwood floors leads you to the living/dining room with a separate kitchen with natural light facing south. The kitchen has been updated with lots of counter space, new cabinets, a dishwasher, refrigerator and stove. There is a lot of room for all your appliances, kitchen items and great storage. Everything the chef in you wants in a kitchen. Proceed to the hallway that leads to the two bedrooms and the bathroom. This home has a comfortable layout with the bedrooms and bathroom separate from the living area. You will have privacy since there are no neighbors to the south. The current owners have made many updates that enhances the living environment. Roosevelt Terrace is a well-managed and maintained cooperative with excellent amenities. All utilities are included in the maintenance. There are on-site storage units, parking (wait list), a wonderful playground, Amazon lockers to secure your deliveries, and a community room. All these amenities are for the convenience of the cooperative owners. There is a an on-site management office along with a live-in super, porters and barrier free door openers for owners. This is convenient when carrying groceries and packages.
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Our Executive Mortgage Banker:
$448,000
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 | $358,400 | $358,400 | $358,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,207 | $2,263 | $2,976 |
| Total Monthly Payment | $2,282 | $2,338 | $3,051 |
* 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.