Experience modern luxury at Star Tower, a premier residential building in the heart of Long Island City. This south-facing 1-bedroom, 1-bathroom residence spans 712 sqft offering an expansive layout with 11-foot high ceilings and floor-to-ceiling windows that flood the space with natural light. The home is designed with oak hardwood floors, a walk-in closet, and a state-of-the-art kitchen equipped with top-tier appliances, including a Fisher Paykel refrigerator and Bosch microwave and dishwasher. The bathroom provides a spa-like experience with Kohler Oblo fixtures, an Italian Scarabeo sink, and luxurious limestone. Star Tower offers a host of premium amenities, including a 24-hour doorman, gym, playroom, and parking. The unit is part of a 15-year 421a tax abatement program, with 10 years remaining, ensuring exceptional value. Situated super close to the subway station and just one subway stop from Midtown Manhattan, and surrounded by a vibrant array of shops, restaurants, and conveniences, Star Tower provides unparalleled convenience and style in one of NYC's most sought-after neighborhoods.
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,038,000
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 | $830,400 | $830,400 | $830,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $10 | $10 | $10 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,715 | $5,181 | $6,951 |
Total Monthly Payment | $4,850 | $5,316 | $7,086 |
* 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.