This is one of just three 3 bedroom condos in this brand new construction building. The Rose at Great Neck. 40-New Luxury Condominiums on the North Shore of Long Island now finished with immediate occupancy available. This brand new mid-rise building offers an unparalleled residential experience including 24hr virtual doorman services, welcome lobby, business lounge with tv plus gym fitness center with equipment and free weights. Retreat to the rooftop common area and hang out at the perfect place to unwind with seating and enjoy the outdoors that include distant views towards the New York City Skyline. A very special golf simulator is coming soon to this new building. Private indoor garage parking and outside private lot parking options. The earliest residents have preferred choice of parking spaces and limited storage options available. The allure of The Rose extends beyond its walls as residents instantly belong to the Village of Great Neck Estates and enjoy access to the Great Neck Estates Waterfront Park featuring Olympic sized swimming pool plus small pool, 7 tennis courts that have a bubble for the Winter, marina and dock area, direct waterfront esplanade with views of Little Neck Bay, Douglas Manor and Throgs Neck Bridge along the shoreline, baseball and soccer fields, playground and snack bar, basketball, pickleball and handball courts. The Rose was creatively designed by local famed architects Mojo Stumer Associates with the very best of quality and modern sophistication. Exterior brick and metal panels accent the prominently located solid structure. Three floors high with a mix of 1 bedroom, 2 bedroom and 3 bedroom options in this new building. Unit 111 here is three bedrooms and two baths, approximately 1, 663 sqft and has big windows bringing in natural light. Sleek modern kitchens to spacious living areas and stunning bathrooms, every aspect of this building reflects a commitment to luxury and comfort. Just 0. 7 miles to the Great Neck LIRR Train Station where direct routes to Penn Station and Grand Central take 37 minutes. Various golf courses within close proximity and nearby to the famous Americana Manhasset shopping. Enjoy the suburban lifestyle at the pinnacle of luxury living in Great Neck with all its town amenities just 19 miles to midtown Manhattan and a short jaunt to national and international airports. Great Neck North School District with an option for Great Neck South High School in some instances and The Rose is zoned for Saddle Rock Elementary. Welcome home.
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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 | $1,433,520 | $1,433,520 | $1,433,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,139 | $8,943 | $12,000 |
Total Monthly Payment | $8,264 | $9,068 | $12,125 |
* 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.