Welcome to The Sterling Condos - your dream home awaits! Discover the perfect blend of luxury and convenience in this stunning 1-bedroom, 1-bathroom corner unit, nestled in the heart of Briarwood. This building, completed in 2018, offers a modern lifestyle with only 12 exclusive units. Large sound-insulating windows flood the space with natural light, offering fantastic open views. Enjoy cooking in a sleek kitchen featuring stainless steel appliances, a granite countertop, a ducted range hood, and brand-new white cabinets. Relax in the oversized bathroom with a bathtub and pristine white tiles. Each room has its own HVAC system, and the unit includes a separate boiler and meters. Plus, enjoy the convenience of an in-unit washer and dryer - never leave home to do laundry again! Cats and dogs are welcome, making it a perfect home for pet lovers. Near Kew Gardens/Briarwood subway station, and numerous bus routes including the QM Express Buses, this condo is a commuter's paradise. It's also close to the Grand Central Parkway and I-678 highways. Enjoy nearby restaurants and small businesses on Queens Blvd and Union Turnpike. This unit comes with an exclusive large corner parking space, one of only six available, perfect for additional storage with potential for cabinets along the garage wall. Never worry about alternate side parking again. Benefit from a tax abatement until 2034 with a low monthly real estate tax of just $21, making this condo an excellent investment choice. Don't miss out on this fantastic opportunity to live in a vibrant community. Schedule a viewing today and make The Sterling Condos your new home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $21 | $21 | $21 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,723 | $2,653 | $3,367 |
Total Monthly Payment | $2,819 | $2,749 | $3,463 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.