Welcome to this oversized Alcove studio (approx 700 sq ft) On the top floor of the Riviera Towers . This oversized alcove studio, can be converted to a 1 bedroom! There is a window and a closet in the alcove , which fits a queen size bed and night stand on each side of it ! Enjoy the spectacular City views and Sunsets and beauty of the South Shore coast of Long Island as far as the eye can see. This fabulous apartment is seconds from the beach and renown Long Beach Boardwalk. The updated kitchen offers and abundance of storage and customized cabinetry with granite counters including a large peninsula with lots of drawers and cabinets and a built in wine rack. . If you need more storage, there are 2 walk-in closets and a third closet providing ample storage. The large dining area flows directly into an oversized living room. The bathroom has recently been updated as well including walk in shower, rain shower head and custom tile. The Riviera Towers offers an array of luxurious amenities , including an indoor pool for year round enjoyment , an outdoor patio/sundeck for soaking up the sun and BBQ's as well as a party room with a kitchen for hosting gatherings. In addition, there is a well equipped gym and newly renovated sauna. This Studio checks all your boxes for a quick retreat or year round living. This building doesn't allow sublets.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,941 | $2,462 |
Total Monthly Payment | $2,018 | $2,016 | $2,537 |
* 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.