5-09 48th Avenue, #5-M, Queens (Long Island City), NY, 11101 | $2,198,000

5TH STREET LOFTS (5SL) Long Island City’s Refined Full-Service Boutique Condominium – Where Owners are Provided with the Highest Possible Quality of Service. Welcome to Resident 5-M – One of the Largest Three-Bedrooms in LIC - * ONE DEEDED PARKING SPACE INCLUDED IN SALE PRICE A Sophisticated & Pristine 1, 594sqft of Interior Living that Seamlessly Boasts a Modern Open & Airy Layout Designed with a Desirable One-of-a-Kind Rare Gem Split Three-Bedroom/Two-Bath Floor Plan The Moment you Enter this Beautiful Home You Will be Enveloped by your Open Living Space and Greeted with Natural Light Streaming in Through the Wall-to-Wall Windows that Accentuates the Open Kitchen, The Dining & Livingroom Layout Creates a Perfect Invitation for getting together with Family and Friends or Mastering your Daily Productivity that Centers your Mornings and Welcomes You Home at Night. Gourmet Kitchen is Equipped w/ High-end Stainless-Steel Appliances Including Liebherr Refrigerator, Upgraded Bosch Range & Microwave, Bosch Dishwasher, InSinkErator Garbage Disposal, Allmilmo Wood Cabinetry, Under-mount Lighting, Caesarstone Counter Tops & Glass Tile Backsplash Completes this Unique Kitchen. This Home Offers a Split Three Bedroom for Extra Privacy – The Impressive & Grand Primary Bedroom Greets you with a Serene and Relaxing Vibe with Wall-to-Wall Windows and an Abundant Amount of Natural Light that Sweeps You Into Your Own Private Oasis. Two Deep Walk-in Closets are Provided for Your Comfort & Convenience. The En-Suite Spa-Like Bath is adorned with Limestone Double Sink Vanity, Kohler Fixtures, Oversized Shower Stall & Porcelain Tile Flooring. Generously Sized Winged Second & Third Bedrooms are Situated on the Opposite Side of the Home, Both Bedrooms Offer Spacious Deep Closets as well as Wall-to-Wall Windows that Offer Natural Light Streaming. To Complete this Lovely Home, the Bedrooms Have Access to a Private Second Full Bath Equipped with a Deep Soaking Tub and Porcelain Tiles. UNIQUE HOME FEATURES: New Updated P-TEC Units Throughout, Custom Window Treatments, Wall-to-Wall Windows in Every Room, Maple Hardwood Flooring Throughout, In-unit Bosch Washer/Dryer, InSinkErator Garbage Disposal, Ample Closet Storage. 5th STREET LOFTS BUILDING AMENITIES: Complimentary 24-hour Concierge Service, Live-in Super, Elevators, Parking Garage Equipped with EV Charging Stations, Refrigerated Storage in Lobby, State-of-the-art Fitness Facilities, Children’s Play Room, Bike Storage, Landscaped Roof and Common Gardens, Pet Friendly. Long Island City Boasts Both Art & Artists with Famous Museums and Trendy Galleries to Michelin Star Restaurants and a Breathtaking Recently Transformed East River Waterfront Park. Convenient Transportation Available – 7, E, M, G Subway Lines, East River Front Ferry, Long Island Railroad (LIRR), Long Island Expressway (LIE), Ed Koch Queensboro Bridge, Brooklyn/Queens Expressway (BQE). CONTACT EXCLUSIVE LISTING AGENTS FOR A PRIVATE IN-PERSON TOUR.

Features

  • Town: Queens
  • Cooling: Central
  • Levels: 8
  • Amenities: Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room; Nursery; Roof Deck; Cold Storage; Private Storage;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: 5SL
  • Year Built: 2008
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • OLR#: 00011312667
  • Days on Market: 98 days
  • Website: https://www.raveis.com
    /prop/00011312667/50948thavenue_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Nest Seekers International

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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5-09 48th Avenue, #5-M, Queens (Long Island City), NY, 11101

$2,198,000

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 $1,758,400 $1,758,400 $1,758,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,122 $11,114 $14,838
Total Monthly Payment $10,247 $11,239 $14,963

* 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.