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Welcome to this bright and spacious 2-bedroom, 1-bath corner co-op located in the highly desirable Bayside Gardens community in Bayside, Queens. This rare 1st floor corner unit offers windows on two exposures, filling the home with natural sunlight throughout the day while providing additional privacy and an open, airy feel. The apartment features a generous living room, a separate dining area, two well-proportioned bedrooms, and a functional kitchen with ample cabinet space. Hardwood floors run throughout and newly finished in the living room and 1 bedroom. The unit also includes air conditioners, ceiling fans, radiator covers, and a washing machine for added convenience. Bayside Gardens is a resident-managed cooperative known for its beautifully landscaped grounds, strong sense of community, and well-maintained property. Residents enjoy private gardens, outdoor gathering areas, on-site laundry facilities, private basement storage, and available garage parking. The community has been self-managed by shareholders for decades, helping to maintain both the property and its financial stability. Ideally situated in School District 26, the location offers easy access to the Bayside LIRR station, express transportation to Manhattan, shopping and dining along Bell Boulevard, and nearby parks including Crocheron Park and Little Bay Park. Bayside is widely recognized as one of Queens' most sought-after residential neighborhoods, offering a suburban atmosphere with the convenience of New York City living. With low monthly maintenence of $952, a well-maintained building, resident ownership, and a desirable corner layout, this home presents an exceptional opportunity for buyers seeking comfort, value, and community in Bayside. No Pets allowed. Can sub-let after 2 years for a maximum of 5 years. 535 shares, no flip tax. Board approval required.
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Our Executive Mortgage Banker:
$369,000
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 | $295,200 | $295,200 | $295,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,768 | $1,864 | $2,432 |
| Total Monthly Payment | $1,843 | $1,939 | $2,507 |
* 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.