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4-74 48th Avenue, #5-A, Queens (Long Island City), NY, 11109 | $550,000
WELCOME HOME TO LONG ISLAND CITY! Get the keys and move right in!
New to Market!
All Open Houses & showings are by appointment.
Oversized bright and sunny studio with unobstructed views of the Manhattan skyline and Gantry State Park. Two full walls of windows provide an abundance of light from direct Western and Southern exposure. The unit’s soaring 11 foot ceilings and oversized windows are the largest in the building and unique to the 5th floor. The kitchen has been fully updated, with new tiling, cabinetry and appliances.
5A features newly replaced new AC unit, electric remote control shades and brand new windows throughout. Shades are compatible with Alexa/Google Home and are fully integrated into a home automation setup.
Total maintenance* of $1, 471, is about 23-54% tax-deductible. *Maintenance is inclusive of real estate tax obligation and all amenities.
Citylights, Long Island City’s first luxury high-rise residence. This Condop has NO BOARD INTERVIEW required. Plus, it’s one of only two buildings DIRECTLY on the Long Island City waterfront with apartments available for purchase.
The building has amenities galore. 24/7 doorman/concierge, a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, and a five-level indoor garage (residents enjoy a reduced rate of LESS than $150/mo).
Own in Long Island City! Move in and you’ll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. All this in one of New York’s most exciting neighborhoods with an easy walk to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC Ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated restaurants; day spas and more
Features
- Town: Queens
- Cooling: Through the Wall
- Levels: 42
- Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck;
- Rooms: 2
- Baths: 1 full
- Complex: Citylights at Queens Landing
- Year Built: 1997
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: No
- Building Access : Elevator
- Service Level: Full Service
- OLR#: 1376436
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/1376436/47448thavenue_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 Modern Spaces, LLC
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4-74 48th Avenue, #5-A, Queens (Long Island City), NY, 11109
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,039 | $2,924 | $3,711 |
| Total Monthly Payment | $3,131 | $3,016 | $3,803 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535