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Penthouse 6N is a bright and inviting two-bedroom home defined by its exceptional private outdoor terrace with a westward facing open skyline view of Manhattan. The expansive terrace, measuring over 670 square feet, offers a rare opportunity for effortless outdoor living and entertaining.
Inside, the apartment is filled with natural light from large double-paned windows and features a well-proportioned, open layout. The kitchen is thoughtfully designed with stainless steel appliances, a marbled quartz counter tops and island, and a generous workspace.
The spacious primary bedroom and a large second bedroom provide comfortable and versatile living. A three-zoned HVAC system allows for personalized climate control throughout the home. In excellent, turn-key condition, this home is ready for its next owner to move right in.
Rego Parc Condominium is one of the last buildings in New York City to benefit from real estate tax abatement program (the 421 which is in place through 2034. With combined monthly common charges and taxes of less than $430, the apartment offers exceptional value and low carrying costs, making it equally attractive as a primary residence or investment.
The building offers a full array of amenities, including a fitness center, laundry room, bicycle storage, and common outdoor space. On-site parking is also available for rent. Residents benefit from streamlined utilities, paying only for electricity.
Ideally situated on the border of Rego Park and Middle Village, the neighborhood offers convenient access to Juniper Valley Park, a wide range of dining and shopping options, and multiple transportation choices, including the R and M subway lines as well as several bus routes, including an express bus to Manhattan.
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.
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Our Executive Mortgage Banker:
$799,000
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 | $639,200 | $639,200 | $639,200 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,884 | $4,036 | $5,308 |
| Total Monthly Payment | $3,976 | $4,128 | $5,400 |
* 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.