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Please note this unit needs a renovation and is not in move-in ready condition. Contractor quotes have been taken by the team and are accessible. Reach out and inquire individually for the setup and FAQ's on the property. Welcome to this bright and sunny one-bedroom, one-bath co-op with Eastern Exposure in the historic Windsor Building at 37-16 83rd Street. Featuring an efficient layout ideal for flexible living, this residence offers high ceilings, hardwood floors, a windowed bathroom, and an eat-in kitchen ready for customization. Please note that the apartment requires a full gut renovation, and contractor quotes are available to assist with planning your upgrades. The building provides convenient amenities including elevator service, a garbage chute on every floor, basement laundry, and a live-in superintendent. Located in central Jackson Heights, this home is just one block from the #7 train, with bus service at the corner and easy access to the E, F, D, and R subway lines. The area offers a wide range of nearby conveniences including restaurants, shops, schools, and local services. Commuting to Manhattan takes approximately 20 minutes by subway, making this location both practical and well-connected.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 |
|
|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,215 | $1,301 | $1,754 |
| Total Monthly Payment | $1,290 | $1,376 | $1,829 |
* 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.