See the video in the listing! Seize this opportunity to live in a modern 1 Bedroom | 1 Bathroom home in Long Island City! The soaring 11’2" ceilings and oversized windows with bright Southwestern exposure enhance the openness of the combined living/dining space. The Chef’s kitchen is outfitted with granite countertops and premium appliances. The bedroom features a custom Murphy bed with built-in shelves to efficiently maximize living/working space. There’s an in-unit washer/dryer for added convenience. Rich walnut hardwood floors add a touch of elegance to the home. One Vernon Jackson Condo’s Amenities -Part-time Doorperson (Mon-Fri 8: 30am – 6pm) -Gym & Fitness Center -Common Terrace -Elevators -Storage lockers (upon availability, for additional cost) Long Island City has it all: unique cultural offerings such as MoMA PS1, award-winning culinary establishments, the best of waterfront living with picturesque views of Midtown Manhattan, and easy accessibility to Manhattan, Brooklyn, and the rest of Queens. Urban Market, Trader Joe’s, Food Cellar Market grocery stores, and Walgreens and Duane Reade pharmacies are all within a 1/2 mile radius. The 7 train is directly under the building, with easy access to G, E, M, trains, Long Island Rail Road, and NYC Ferry.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,350
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 | $2,680 | $2,680 | $2,680 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $21 |
Total Monthly Payment | $91 | $91 | $96 |
* 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.