10-27 47th Road, #2B, Queens (Long Island City), NY, 11101 | $2,700,000

The Griffin Townhouse - A truly rare opportunity to own your own MINT-CONDITION PENTHOUSE TRIPLEX with PRIVATE ROOF TERRACE complete with SUN ROOM and OUTDOOR GRILL in a new condominium development TOWNHOUSE in NYC's most dynamic neighborhood. This bright and airy 1, 581sf 3br/3bath with 420sf outdoor space, the full width of the property, offers three floors of exquisite design in every detail - a true exclusive jewel of a home. Astonishingly LOW carrying costs! Common charges are $635/month, an unbelievable 40 cents per square foot, and real estate taxes are $541/month. Taxes are a FRACTION of a similar home in a large luxury condo building. While typical tax abatements expire after several years, the benefit of this tax treatment will endure indefinitely ensuring extraordinary value. High ceilings, solid oak wood strip floors, ample storage, and oversized windows throughout the generous living and sleeping areas. FIRST level features an entry foyer, beautiful chef's vented kitchen with stainless steel appliance package including wine cooler, quartz countertops, and retractable island, spacious living room with oversized windows, bedroom, bathroom, and storage space. Bedroom wall can be removed to create an expansive great room. MIDDLE level features master bedroom with walk-in closest and en-suite bath with skylight, third bedroom, bath with skylight, and laundry room with washer/dryer. TOP level features sun room with floor-to-ceiling windows and ample closet, and exclusive landscaped outdoor terrace with glorious Manhattan and LIC skyline views, cooking grill, water and electric hook ups. A gallery-like staircase seamlessly connects all three levels. The Griffin Townhouse is located in the quiet residential Hunter's Point section of LIC "the town within the city", one train stop to Grand Central at the Vernon-Jackson 7 train station, and half a block to Vernon Blvd. , the heart of LIC featuring wonderful dining, bars, shopping, and parks. A short distance to the fully developed LIC waterfront esplanade and water taxi, and a quick bike/cab ride to Williamsburg and Greenpoint.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 4
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: None
  • Complex: Griffin Townhouse
  • Year Built: 2016
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Walk-up
  • Service Level: Video Intercom
  • Built Size: 25'x60'
  • OLR#: RPLU5123031412
  • Days on Market: 181 days
  • Website: https://www.raveis.com
    /prop/RPLU5123031412/102747throad_queens_ny?source=qrflyer
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.
Listing courtesy of Douglas Elliman Real Estate

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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10-27 47th Road, #2B, Queens (Long Island City), NY, 11101

$2,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,160,000 $2,160,000 $2,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,095 $13,124 $17,793
Total Monthly Payment $12,220 $13,249 $17,918

* 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.