Bright and spacious south-facing studio with great open views. This efficient, sunny apartment features distant vistas and a full-sized open kitchen that includes Allmilmo cabinetry, Caesarstone countertops, a glass backsplash, and Liebherr & Bosch appliances. Maple hardwood flooring throughout. Fantastic closet space, including a walk-in closet. The bathroom offers a deep soaking tub, Kohler fixtures, plus a travertine vanity. Convenient in-unit washer/dryer included.
Built by Toll Brothers City Living, the nation’s leading luxury home builder, The 5SL Condominium offers a 24-hour doorman, live-in resident manager, private enclosed parking, fitness center, children’s playroom, bike storage, common rooftop garden, common yard, and bocce court.
This luxury residence is situated in the heart of Long Island City’s most sought-after neighborhood, just one block from the waterfront park. The surrounding area is filled with popular restaurants, cafes, and all essential services. Conveniently, there is a Duane Reade, Food Cellar supermarket, a local hardware shop, and charming boutiques all within proximity. Additionally, various transportation options are within a short walk, including the LIRR, the 7 train direct to Grand Central – Manhattan, the G, E, and M trains, and the East River Ferry, providing access to all destinations within and beyond the borough.
Earliest Lease Start Sept 27th / Approximately 2 weeks Board Application
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $2,560 | $2,560 | $2,560 |
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 | $20 |
Total Monthly Payment | $91 | $91 | $95 |
* 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.