4-74 48th Avenue, #38K, Queens (Long Island City), NY, 11109 | $1,095,000

Featured in the 'On The Market' section of the NYTimes, this exceptional ownership opportunity at Citylights is not to be missed. Located at 4-74 48th Avenue, #38K in Long Island City, this stunning 2 Bed/2 Bath apartment offers breathtaking panoramic views of the East River, Queens, Manhattan, and the magical city skyline lights at night from its private balcony. Spanning an impressive 1, 154 sq ft, this recently updated apartment features a split layout filled with natural light and elegant wood floors throughout. The newly renovated walk-thru designer kitchen comes equipped with stainless steel appliances, including a dishwasher, and opens to a spacious living area with a cozy nook, perfect for a home workspace. The expansive living space also includes a dining alcove, ideal for entertaining while enjoying those spectacular views. The primary bedroom suite features southern exposure and a luxurious ensuite bathroom with a soaking tub, complemented by ample storage options including a walk-in closet and a custom double door closet. The second bedroom boasts a southwest-facing corner window and custom closets, conveniently located next to a full bathroom with a tiled shower. Experience luxurious living at City Lights, designed by the renowned architect Cesar Pelli. This impressive 42-story condop building offers a wealth of amenities, including a fully equipped gym, a landscaped roof terrace with a tennis court, a full-time concierge, and on-site parking. Residents enjoy easy access to beautiful parks like Gantry Plaza State Park, diverse dining options, cultural venues, and convenient transportation links to Manhattan, including the East River Ferry and a short one-stop subway ride to Grand Central Station. Don't miss the chance to explore this exceptional lifestyle at Citylights, where stunning views and modern comforts await.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 42
  • Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Other
  • Complex: Citylights at Queens Landing
  • Year Built: 1997
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • OLR#: RPLU33423206885
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/RPLU33423206885/47448thavenue_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 Corcoran Group

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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

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4-74 48th Avenue, #38K, Queens (Long Island City), NY, 11109

$1,095,000

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 $876,000 $876,000 $876,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.348% 5.911%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,905 $5,394 $7,274
Total Monthly Payment $5,030 $5,519 $7,399

* 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.