|
Welcome to The Salem Cooperative, a beautifully maintained pre-war building dating back to 1937, known for its timeless architectural charm and thoughtful design. This spacious, sun-filled top-floor two-bedroom, one-bathroom home offers bright northwest exposures and stunning open views stretching from Long Island City to Manhattan. By day, the apartment is bathed in natural light; by night, the skyline sparkles with city ambiance. Enter through a welcoming foyer that leads to a classic galley kitchen straight ahead. To your left, the layout opens into a formal dining area, which then steps down into a distinctive sunken living room—an elegant pre-war feature enhanced by high ceilings, parquet floors, and a large double window framing the view. The primary bedroom boasts three windows with dual exposures to the north and west, while the second bedroom is thoughtfully positioned across the hall. A full bathroom with a tub separates the two rooms, offering both privacy and convenience. Additional highlights include plaster walls, generous closet space, and original pre-war details throughout. Ideally located along 37th Avenue in the heart of Jackson Heights, you’ll enjoy immediate access to supermarkets, diverse dining, and neighborhood essentials. This vibrant community is widely celebrated for its global food scene and rich cultural diversity. Transportation is exceptionally convenient, with the Jackson Heights–Roosevelt Avenue/74th Street station just a 3-minute walk away, serving the 7, E, F, and R subway lines, as well as bus routes to LaGuardia and JFK airports. Midtown Manhattan is typically a 15–25 minute commute. Residents also enjoy proximity to a year-round Sunday farmers market, local shops, schools, houses of worship, and major highways. The Salem offers the perfect blend of pre-war elegance and modern convenience, including a recently updated elevator designed to accommodate large furniture moves.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$468,800
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $375,040 | $375,040 | $375,040 |
| 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 | $2,309 | $2,368 | $3,114 |
| Total Monthly Payment | $2,384 | $2,443 | $3,189 |
* 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.