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We have a Jr 1 co op in Jamaica Towers. This unit features a spacious living and dining area with large windows that bring in natural light and create an open, inviting atmosphere. The flexible layout allows you to design a comfortable living room, dining space, or work from home area. The kitchen includes classic wood cabinetry, generous storage, a gas stove, and a full size refrigerator. Its efficient layout connects directly to the main living area, making everyday cooking and entertaining convenient. The separate sleeping area provides privacy and allows the apartment to function like a one bedroom co op. This space can comfortably accommodate a bed, dresser, and additional furniture, creating a quiet retreat within the unit. The bathroom features tiled walls, a vanity with storage, and a full bathtub. The hallway leading to the bathroom includes multiple closets that provide valuable storage space. Large windows throughout the apartment provide natural light and city views while enhancing the open feel of the space. This co op unit offers a solid layout that can be updated to reflect your personal style. Located in the heart of Jamaica, Queens, this co op offers convenient access to public transportation, including the subway and Long Island Rail Road, as well as nearby shopping, restaurants, and neighborhood amenities.
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Our Executive Mortgage Banker:
$140,000
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 | $112,000 | $112,000 | $112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $681 | $707 | $930 |
| Total Monthly Payment | $756 | $782 | $1,005 |
* 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.