Citylights 31F- Oversized 1 Bedroom Introducing an ultra-high floor, dual exposure, excellent condition, oversized corner 1-bedroom unit located on 31st Floor of Citylights, Long Island City’s first luxury high-rise residential building located on the Hunter’s Point waterfront. The modern concept open kitchen comes with all new appliances and contemporary cabinets that offer abundant space. A very bright and large living room offers a spacious dining area (previously used as a home office/bedroom space) and has gorgeous flooring throughout. Oversized windows in the living room and primary bedroom provide rare 270° breathtaking Manhattan/East River and LIC/Queens views. The generous primary bedroom is sunbathed, quiet, and large enough to fit a king-sized bed, with ample closet space for all your storage needs. The apartment is a comfortable haven with photography worthy, breathtaking views through its oversized windows. Citylights is a full-service building with 24-hour doorman, fitness center with sauna, tennis court, landscaped rooftop, community room, bike storage, porter, and a live-in super. There is an attached garage that offers reduced prices for residents. Minimum 10% Down Payment and the building allows gifting, co-purchasing, and subletting (after 1 yr). Hunters Point/ Long Island City Neighborhood Highlights: *Three blocks to the Vernon Boulevard 7 Train Station *One quick subway stop to Grand Central Station *Two ferries to Manhattan (one stop to East 34th Street) *Gantry State Park is right outside the door, including an architecturally award-winning library. *Two playgrounds, a dog park, basketball courts, and a promenade with Manhattan and East River views. *A 5 minutes stroll will take you to the Michelin Star Casa Enrique Restaurant and the romantic award-winning Maiella.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,323 | $4,217 |
Total Monthly Payment | $3,461 | $3,415 | $4,309 |
* 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.