*RARE Tax Abatement Building in Long Island City, and 1BR for Sale at the #1 Selling Building in NYC of 2020* This chic Long Island City one bedroom condo is thoughtfully designed by Paris Forino to optimize space and natural light, exemplifying modern urban living. This oversized 675 sq. ft. one-bedroom, one-bathroom apartment boasts stunning wide-plank white oak floors, floor-to-ceiling triple-pane windows with northwest exposure over a tree-lined street, and central heating and cooling. Upon entering, a welcoming foyer with a spacious coat closet leads into a bright, open-concept living, dining, and kitchen area. The kitchen is equipped with an eat-in peninsula, custom cabinetry, sleek white marble countertops with waterfall and backsplashes, and a suite of integrated Bosch and Blomberg appliances. The bedroom offers a large reach-in closet and direct access to an immaculate full bathroom featuring a Toto toilet, chrome fixtures, stone floors, and custom cabinetry. This unit has a separate upgrade LG stacked washer and dryer. Developed by the innovative New Empire Corp. and designed by afore-mentioned award-winning interior designer Paris Forino, the building is just steps from various restaurants, cafes, bars, and shops and within a five-minute walk to the R/E/M/W/N subway lines. Amenities include a full-time doorman, landscaped courtyard entrance, fitness center, private lounge, children’s playroom, Zen garden, multiple furnished rooftop decks with grilling stations, a bicycle room, and a pet spa.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,679 | $6,311 |
Total Monthly Payment | $4,407 | $4,771 | $6,403 |
* 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.