A rare resale at premier condo tower Hero in prime Long Island City! Tax abatement remaining! This South Exposure Studio with sleek finishes and a layout that maximizes space and natural light. Features of this 470 sq. ft. apartment include gorgeous flooring, huge windows and a convenient in-home washer/dryer. The kitchen is equipped with custom MLAM Spanish Oak cabinetry, Caesar-stone countertops, and a suite of fully- integrated appliances from Liebherr and Blomberg. This unit is adorned with sleek, high-quality finishes that enhance the modern living experience. A pristine full bathroom has a floating vanity, natural floor tiles, and soaking tub. Designed by preeminent architectural and design firm Woods Bagot, Hero is a full service building with attended lobby, and offers residents 15, 000 sq ft of thoughtful amenities. These include an incredible rooftop deck with BBQ grills along with an integrated sky lounge and breathtaking city views, a state-of-the-art wellness center, a yoga studio with a 3, 000 sq ft veranda featuring dramatic 30-ft ceilings, a multipurpose dining space, a package room, bicycle storage, a relaxing lounge, a pet spa, and a Zen garden. The building is surrounded by restaurants, cafes, bars, and shops with easy access to the stunning Long Island City waterfront. The 7/N/W/R/E/M/G subway lines are just seconds away and multiple Citi Bike locations surround the building. There is an assessment for $108. 42 and one available storage for sale.
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William Raveis Real Estate
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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 | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,566 | $3,562 | $4,520 |
Total Monthly Payment | $3,658 | $3,654 | $4,612 |
* 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.