The PENROSE TOWER presents a luxurious 8-story condominium, seamlessly blending contemporary living with urban convenience, featuring 44 impeccably crafted units. Its architectural design prioritizes resident safety and comfort, boasting amenities such as a gym, clubhouse, a dedicated mail room, and lot parking facilities. This particular unit spans 658 sq ft, comprising 1 bedroom and 1 bathroom, offering unparalleled convenience with its in-unit laundry furnished with LG appliances and kitchens equipped with gas stoves. Each unit boasts a private balcony, perfect for unwinding or hosting guests. The Penrose Tower fosters a warm and welcoming atmosphere for families and pets alike. Beyond its doors lies the vibrant neighborhood of Flushing, teeming with diverse culinary options, boutique shops, supermarkets, and cultural attractions, all conveniently accessible within convenient distance along with public transportation, including the nearby 7 train and Flushing LIRR station.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$666,925
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 | $533,540 | $533,540 | $533,540 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $30 | $30 | $30 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,550 | $3,546 | $4,575 |
Total Monthly Payment | $3,672 | $3,668 | $4,697 |
* 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.