87-09 34th Avenue #2K, New York City, NY 11372
Listing Courtesy of Sovereign Associates Inc
$270,000
Potential Rebate: $4,050
Overview
Investor Opportunity - Holder of Unsold Shares:cash positive coop for sale in Jackson Heights <br><br><br><br>There is NO Board approval needed.<br><br><br><br>This is an opportunity for an investor with long term aspirations to enjoy positive cash flow now with long term assett appreciation for a future profit on a sale.<br><br><br><br>Lining two blocks of tree-lined 34th Avenue in Jackson Heights in 1951, Saxony Towers cooperative is comprised of four six story elevator buildings. <br><br><br><br>It has a keyed shared park, in building laundry rooms, wait list parking and a live-in super. <br><br><br><br>Apt. 2K is a junior one bedroom with an alcove kitchen. The apartment is currently occupied by a consistent rent paying tenant. <br><br><br><br>Stabizlied rent $842.20<br><br>Maintenance 589.96<br><br>All cash offers<br><br><br><br><br><br><br><br><br><br><br>
Home Features
- •Window Unit(s)
- •Radiant
- •Building Inside
- •Common Area
- •Assigned
- •Building Storage
- •Private Outdoor Space Under 60 Sqft
- •Storage
Building Amenities
- •Assigned
Estimated Monthly Payment
$1,923 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$4,050
Monthly savings impact
$11/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Sovereign Associates Inc
Data Source: TRESTLE #RLS20062224
Price Analysis
Compare average listing prices and value metrics for SAXONY TOWERS against the surrounding Jackson Heights market.
Average List Price
Price Per SqFt
12.88% Higher
than the Jackson Heights price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Jackson Heights.
Jackson Heights
Overview of Jackson Heights
Jackson Heights is the most diverse neighborhood in the world. Literally. With over 160 languages spoken, it is a sensory explosion of color, culture, and cuisine. For buyers seeking Jackson Heights Queens real estate, it offers historic garden apartments and a vibrant street life.
Living in Jackson Heights is an adventure. You travel from India to Colombia in a single block. As a Queens NYC neighborhood, it is a global destination.
Real Estate & Housing Market
The market for homes for sale in Jackson Heights is famous for its "Garden Apartments"—historic co-ops built around massive private internal gardens.
These pre-war gems are highly sought after and landmarked.
Lifestyle & Community
The lifestyle in Jackson Heights is communal. The Open Streets on 34th Ave have transformed the neighborhood.
The community is a mix of South Asian, Latino, and increasingly young families seeking space.
Transportation & Accessibility
Jackson Heights is a express stop (Roosevelt Ave) for the E, F, M, R and 7 trains. Commuting is fast.
Parks, Schools & Amenities
Travers Park is the main public park. The internal gardens of the co-ops are the real secret.
Amenities: The jewelry stores on 74th St and the arepa carts on Roosevelt Ave.
Who This Neighborhood Is Best For
Jackson Heights is best for diversity lovers, garden enthusiasts, and those who want a vibrant, non-gentrified feel.
