4-74 48th Avenue, #38-E, Queens (Long Island City), NY, 11109 | $545,000

LIC 1 Bedroom High Floor with Views!

WELCOME HOME TO LONG ISLAND CITY!

Tenant in place thru 3/14/2024 – please provide no less than 24 hours notice to view. Open Houses By Appointment Only. Apartment to be delivered vacant at closing

This beautiful one bedroom apartment is on the 38th floor with expansive north facing views of Manhattan, Long Island City and the East River. This apartment features views, oversized sliding windows, walk-in closet, pass thru kitchen, oversized king sized bedroom and large living room big enough for a dining table.

Total maintenance* of $2, 191 is about 23-54% tax-deductible. *Maintenance is inclusive of real estate tax obligation and all amenities.

Located in the waterfront of Long Island city this is only 5 minutes from midtown Manhattan on the 7 train and 10 minutes from Union Square.

This Condop – NO BOARD INTERVIEW required.

The building has amenities galore. 24/7 doorman/concierge, a staffed, fully-equipped free gym, weight room, yoga/workout studio, saunas, showers and lockers, outdoor tennis court, a meeting room, bike storage, and a five-level indoor garage (residents enjoy a reduced rate of LESS than $150/mo).

LIVE IN LONG ISLAND CITY
Move in and you’ll join a vibrant neighborhood, with shops, restaurants, attractions, and direct access to beautiful Gantry State and Hunters Point South Parks. Minutes to Manhattan; this is one of New York’s most exciting neighborhoods with an easy walk to the Vernon Boulevard-Jackson Avenue 7 Train Subway with easy access to E, M, G, and N, NYC ferry service to Manhattan and easy access to Long Island Expressway (495 LIE) and BQE. Trendy restaurants including the Michelin-rated M. Wells Steakhouse and Casa Enrique; Sushi Daizen; Maiella; fitness studio; shops, day spas and more.

Features

  • Town: Queens
  • Cooling: Through the Wall
  • Levels: 42
  • Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Citylights at Queens Landing
  • Year Built: 1997
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Service
  • OLR#: 2106173
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/2106173/47448thavenue_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 Modern Spaces, LLC

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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

$545,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $436,000 $436,000 $436,000
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 N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,901 $2,898 $3,738
Total Monthly Payment $2,993 $2,990 $3,830

* 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.