Welcome to Fabric.
Contemporary Design, Luxurious Amenities, Tranquil Community Living.
Fabric. is a brand new lifestyle condominium offering impeccably designed residences in one of the most exciting, culturally diverse neighborhoods in New York City.
Home #302 is a stunning 3-bedroom, 2-bathroom home.
The project's timeless redbrick fa ade nods to the area's charming single-family homes while establishing it as a modern landmark. It contains 35 spectacular 1-to-3-bedroom homes graced with sleek finishes and airy open-plan layouts.
Oversized windows with integrated blinds let in abundant natural light while framing peaceful neighborhood and courtyard views. Stylish herringbone white oak floors run throughout, and sleek kitchens feature custom two-tone cabinetry, stone countertops, and high-end stainless steel appliances.
Bathrooms are adorned with chic tilework, custom vanities, oversized medicine cabinets, and matte black fixtures. All homes also come with an in-unit washer and dryer. The Carson app gives residents more control and transparency with remote apartment entry, package notifications, maintenance tracking, and more.
Amenities at Fabric. span over 21, 000 square feet and are designed around themes of wellness, community, and convenience. Outdoor areas include a landscaped courtyard with an outdoor kitchen as well as a lush rooftop terrace with commanding views that stretch all the way to the Manhattan skyline. Indoor spaces include a state-of-the-art fitness center, a dry sauna, a children's playroom, a multi-purpose room, and a co-working lounge with a conference room and private workstations. The building also has rooftop solar panels, bicycle storage, a pet spa, and on-site parking with EV chargers.
Fabric. is moments from one of the most spectacular dining and nightlife scenes Queens has to offer, with a myriad restaurants, bars, and cafes clustered along Ditmars Boulevard, Steinway Street, and 23rd, 30th, and 31st Avenues. The famed Steinway & Sons Piano Factory is nearby, Astoria Park offers a verdant riverside escape with playgrounds, athletic facilities, jogging paths, lawn space, and more.
Public transportation options include several local bus lines and the N and W subway lines. Residents also have easy access to the BQE, the Grand Central Parkway, and LaGuardia Airport.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD-230207.
Real estate taxes stated herein are projected estimates that assume the 421a Tax Abatement (Option D) will eventually be granted by HPD. There is no guarantee these benefits will be granted. For further detail regarding the 421a Tax Abatement at Fabric Astoria, prospective purchasers should review the offering plan, specifically the special risks and tax opinion letter.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,513 | $7,146 | $9,493 |
Total Monthly Payment | $6,638 | $7,271 | $9,618 |
* 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.