Live free for 2 years. The Sponsor will cover your common charges and your real estate taxes for 24 months. Orion redefines modern living in Astoria with seven exquisitely designed one- and two-bedroom residences, each featuring private outdoor spaces. Residents will enjoy amenities such as a keyless Latch entry system and a landscaped rooftop deck perfect for stargazing. The building's exterior combines durability with elegance, showcasing a high-performance panel system, expansive moving window walls, and recessed balconies with glass railings. This contemporary facade makes a distinct statement in Astoria's dynamic residential landscape. Designed by Harriet C. Nikakis, a renowned Queens-based architect, Orion exemplifies her dedication to creating high-quality buildings that positively impact the community. Inside, each residence boasts private outdoor areas accessible from multiple rooms, floor-to-ceiling windows, smart LG stackable washer/dryers, custom closets, recessed lighting, strategically placed outlets for wall-mounted TVs, and Porcelanosa wide-plank Lutier Grey engineered hardwood floors. The Daikin climate control system ensures year-round comfort. The custom kitchens feature quartz waterfall countertops, full-height quartz backsplashes, Tafisa green technology cabinets with Blum soft-close mechanisms, and integrated Bertazzoni appliances, including panelized refrigerators, dishwashers, a 30-inch stainless steel range, and an over-the-range microwave. Four of the seven homes include windowed kitchens. Bathrooms are equipped with radiant-heat flooring, custom chrome fixtures, and a tub-shower combination. Porcelanosa tiles from the Glem White and Vela collections cover the walls and floors, while the Marne collection sink and ash-and-cherry vanity complete the space. Located in the heart of Central Astoria, which is comprised of 4 business districts including Steinway Street, 30th Avenue, Broadway and 36th Avenue. These districts boast more than 1, 000 businesses, making Central Astoria one of the most vibrant neighborhoods in the city. Orion is just minutes away from Steinway Street and 30th Avenue. This diverse neighborhood is home to eclectic shops, wellness spas, galleries, theatres, parks, fitness studios, boutiques, bakeries, cafes, and acclaimed restaurants. Transportation options are abundant with the N and W trains at 30th Avenue, the M and R trains at Steinway Street Station, and several bus lines including Q101, Q18, M60, and Q70 LaGuardia Link. The Grand Central Parkway and RFK Bridge are also conveniently nearby. The complete Offering Terms are in an Offering Plan available from the Sponsor. File No. CD24-0068 The Orion Astoria Condominium.
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Our Executive Mortgage Banker:
Our Insurance Division:
$705,000
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 | $564,000 | $564,000 | $564,000 |
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 | $35 | $35 | $35 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,847 | $3,749 | $4,756 |
Total Monthly Payment | $3,974 | $3,876 | $4,883 |
* 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.