4-74 48th Avenue, #17J, Queens (Long Island City), NY, 11109 | $899,000

Discover urban living at its finest in this stunning 1-bedroom unit located in the prestigious Citylights building, Long Island City's first luxury high-rise residence. Built in 1997, this corner unit boasts an abundance of natural light, thanks to its oversized, double-insulated windows that frame breathtaking views of the East River, Midtown Manhattan skyline, waterfront, and scenic parks. The unit offers a spacious, open layout that is perfect for modern living. Enjoy picturesque vistas from every angle, creating an inviting and serene atmosphere. This is the ultimate urban oasis, combining luxury, convenience, and style. Citylights stands out not only for its prime location but also for its impressive array of amenities. Residents benefit from a fully-equipped gym, complete with a weight room, workout studio, saunas, showers, and lockers. Outdoor enthusiasts will appreciate the private tennis court, while professionals can make use of the meeting room and bike storage. The building also features a full-time concierge service and a five-level indoor garage, ensuring convenience and security. Citylights is a Condop with no board interview required, simplifying the purchasing process. Move in and become part of a vibrant community, surrounded by shops, restaurants, and local attractions. The neighborhood offers direct access to the beautiful Gantry State Park and Hunters Point South Park, ideal for outdoor activities and relaxation.

Features

  • Town: Queens
  • Parking: Garage, Public Parking
  • Heating: None, Electric, Hot Water
  • Cooling: Central Air
  • Levels: 42
  • Amenities: Door Person
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: Citylights
  • Year Built: 1997
  • Approx Sq. Feet: 865
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit
  • View: Bridge(s), City, Park/Greenbelt, Panoramic, Skyline, River
  • Water Front: Yes
  • Middle School: Ps/Is 78
  • High School: Acad For Careers In Television-Film
  • School District: Community District 30
  • Pet Policy: Dogs OK, Cats OK, Size Limit
  • MLS#: 3566366
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /prop/3566366/47448thavenue_queens_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Douglas Elliman Real Estate   Phone: 516-759-0400

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

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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, #17J, Queens (Long Island City), NY, 11109

$899,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,027 $4,428 $5,972
Total Monthly Payment $4,119 $4,520 $6,064

* 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.