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Welcome to The Continental Park, a gated co-op in the heart of Elmhurst, Queens. This priced to sell 2-bedroom convertible is a true blank canvas. The layout offers a deep, oversized living room with flexibility to open up the galley kitchen and completely reimagine the flow. Knock down the kitchen walls for an open-concept layout. The closet next to the kitchen can hold a stackable washer/dryer unit, or your refrigerator to create more space in the kitchen. The king-sized primary bedroom easily fits a desk for a home office, and the unit is lined with generous, floor-to-ceiling closet space throughout - storage will never be a concern. A 75 sq ft private terrace adds even more breathing room. The unit faces east-- soak in the morning sunlight to energize your day. Well-managed building with gym, garden, parking garage (waitlist), subletting allowed after 2 years, and pet-friendly (<25lbs) policies. Maintenance includes heat, water, gas; electricity is separate. Step outside to some of Queens’ best dining, library, supermarkets, everyday conveniences, and multiple bus and subway lines for a quick commute into the city-- all within 3 minutes walking distance. Spacious, adaptable, and full of potential - make it your own! *This is an estate sale / probate listing.
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Our Executive Mortgage Banker:
$319,000
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 | $255,200 | $255,200 | $255,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.697% | 6.650% | 5.992% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,551 | $1,613 | $2,119 |
| Total Monthly Payment | $1,626 | $1,688 | $2,194 |
* 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.