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Apartment 4K at Roosevelt Terrace is a bright and welcoming two-bedroom home offering exceptional outdoor space, thoughtful updates, and abundant storage in the heart of Jackson Heights. A standout feature of the apartment is its screened-in private terrace. Perched just above the treetops, it serves as an extension of the living space and offers a comfortable spot for morning coffee, outdoor dining, container gardening, or simply relaxing outdoors. Step back inside and you’ll note that the apartment benefits from three exposures, filling the home with natural light throughout the day and creating a warm, airy atmosphere. The spacious living and dining area provides plenty of room for everyday living as well as entertaining. A center island serves as both a functional workspace and a gathering spot, connecting the dining room to the windowed kitchen. If you love to cook or host, the renovated kitchen is a showstopper. It’s been renovated with stainless steel appliances, including a dishwasher, and crisp white cabinetry. Both bedrooms are generously sized and can easily accommodate a variety of needs, whether for sleeping, working from home, or hosting guests. The bathroom has also been renovated and features classic white subway tile along with updated fixtures and finishes. Storage is a major benefit of this home, with five large closets throughout the apartment providing plenty of room for everyday essentials and more. Roosevelt Terrace offers a range of amenities, including a live-in superintendent, on-site management, laundry facilities, a game room, a community room, and a private playground for residents. Please note that subletting is not permitted. There is a 25% flip tax on net profit, paid by the seller. Monthly maintenance includes all utilities, with a small additional surcharge for air conditioners. From this lovely tree-lined block, you'll enjoy easy access to Paseo Park, as well as renovated Travers Park's playground, sports courts and the year-round greenmarket. The popular public library is just a few blocks away, and outstanding shopping, dining and nightlife venues fill the neighborhood, including a range of international cuisine to satisfy every craving. Nearby 7, E, R and F/M trains and excellent bus service put the rest of the city within easy reach.
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.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.
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Our Executive Mortgage Banker:
$499,000
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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,391 | $2,490 | $3,288 |
| Total Monthly Payment | $2,466 | $2,565 | $3,363 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.