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Timeless Elegance in Jackson Heights’ Most Coveted One-Bedroom Layout Step into timeless elegance with this exceptional one-bedroom home at The Madison, a distinguished prewar cooperative located in the heart of the Jackson Heights Historic District. This is the building’s most sought-after and spacious one-bedroom layout—rarely available and bathed in natural light from unobstructed eastern and southern exposures overlooking serene English Garden Homes. A gracious entry foyer with a large closet and original built-in welcomes you into the home, setting the tone with both charm and practicality. The expansive living and dining area offers wonderful flexibility for entertaining or everyday comfort. A separate dining space easily accommodates a table for six, while a cozy sitting alcove provides the perfect spot for morning coffee or a quiet evening with a book. The thoughtfully renovated kitchen is a chef’s dream, featuring custom ceiling-height cabinetry with soft-close doors and unlacquered brass hardware that will develop a beautiful patina or can be polished to shine. Brazilian soapstone countertops provide generous prep space, and a cleverly designed peninsula with pendant lighting adds additional seating and storage while maintaining an open flow into the living area. The panel-ready refrigerator and dishwasher blend seamlessly into the cabinetry, while a five-burner stove, Zephyr vented hood, under-cabinet task lighting, and two timeless schoolhouse ceiling fixtures round out the high-end details. Just off the kitchen is a versatile bonus room—perfect as a home office, guest space, den, or playroom. It can be accessed through a pocket door from the kitchen or French doors from the sitting area, both topped with hand-operated Federal-style transoms. The king-sized bedroom is located in the sunny southern wing and features three large windows and two spacious closets. The windowed bathroom offers a walk-in shower, separate soaking tub, and a vanity with a medicine cabinet for extra storage. Prewar charm is found throughout, including arched entryways, inlaid parquet floors, soaring coved ceilings, and custom built-ins. The Madison is an elevator building offering a live-in superintendent, laundry room, private storage, and a beautifully landscaped shared garden. Located just moments from Travers Park, the Sunday Greenmarket, beloved cafés, and the 82nd Street subway station, residents enjoy the perfect blend of city convenience and community charm. The monthly maintenance is $1, 093, and there is currently a $233 monthly assessment in place. The building is pet-friendly, and limited subletting is allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.160% | 7.154% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,589 | $2,653 | $3,342 |
Total Monthly Payment | $2,664 | $2,728 | $3,417 |
* 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.