Experience sweeping ocean views from your spacious balcony in this exquisite 2-bedroom, 2-bath condo in Rockaway's premier luxury oceanfront building. Located directly on the 7 miles long boardwalk, this residence features a highly desirable California floor plan, ensuring your utmost privacy with bedrooms situated on either side of the living space. The open floor plan highlights a massive ocean-view master bedroom, complete with double closets and a large en-suite bathroom featuring granite counters and double sinks. The second bedroom also offers stunning ocean views and easy access to the second bathroom complete with soaking tub. This luxury building boasts an array of amenities, including a doorman, a huge rooftop deck with panoramic views of the ocean, beach, and bay, an exercise room, his and hers locker rooms, a media room, a laundry room, and a live-in super. The enormous club room is beautifully furnished, featuring a fireplace and a full kitchen and is perfect when you need a private space where residents can entertain their family and friends. Additionally, the condo includes a deeded indoor garage parking space with extra space for bicycles and other storage needs. Conveniently located close to stores, transportation, express buses, the A train and the Rockaway ferry which will deliver you on a scenic ride over the water to Brooklyn, Wall st or 34th st in Manhattan. This condo is the epitome of easy, breezy coastal living. All the delightful experiences that beach life has to offer are waiting for you right here!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $428 | $428 | $428 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,411 | $4,379 |
Total Monthly Payment | $3,974 | $3,931 | $4,899 |
* 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.