This stunning corner unit offers 1, 622 square feet of sophisticated indoor living space, complemented by an expansive 1, 100 square foot private terrace with breathtaking views of the towers along Billionaire's Row and the iconic downtown Manhattan skyline.
The open chef's kitchen features a breakfast bar, brand-new appliances, and garbage disposal, making it perfect for culinary enthusiasts. The home is elegantly appointed with American walnut hardwood floors, high beamed ceilings, and expansive windows that bathe the space in natural light. The primary bedroom boasts a walk-in closet and a luxurious en-suite marble bathroom with a glass-enclosed shower and double vanity.
Additional features include an in-home laundry closet with a Bosch washer/dryer, custom closets throughout, and energy-efficient HVAC units.
Designed by renowned architect Karl Fischer, with interiors by acclaimed designer Andres Escobar, The Powerhouse Condominium offers an array of premium amenities. Just steps from the East River Esplanade and Gantry State Park, with their unparalleled skyline views, this elevator building includes a 24-hour doorman, a live-in superintendent, a state-of-the-art fitness center, roof deck, a residents' lounge, a children's playroom, and a media room.
Long Island City, one of the city's most desirable neighborhoods, is home to a vibrant array of bars, restaurants, and cafes, all within walking distance. Manhattan is only a ten-minute ride away with the 7 train just two blocks east and the East River Ferry two blocks west.
Please note some images have been virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,595,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,076,000 | $2,076,000 | $2,076,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,144 | $12,280 | $17,101 |
Total Monthly Payment | $11,269 | $12,405 | $17,226 |
* 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.