The Griffin Townhouse - A truly rare opportunity to own your own MINT-CONDITION PENTHOUSE TRIPLEX with PRIVATE ROOF TERRACE complete with SUN ROOM and OUTDOOR GRILL in a new condominium development TOWNHOUSE in NYC's most dynamic neighborhood. This bright and airy 1, 581sf 3br/3bath with 420sf outdoor space, the full width of the property, offers three floors of exquisite design in every detail - a true exclusive jewel of a home. Astonishingly LOW carrying costs! Common charges are $635/month, an unbelievable 40 cents per square foot, and real estate taxes are $541/month. Taxes are a FRACTION of a similar home in a large luxury condo building. While typical tax abatements expire after several years, the benefit of this tax treatment will endure indefinitely ensuring extraordinary value. High ceilings, solid oak wood strip floors, ample storage, and oversized windows throughout the generous living and sleeping areas. FIRST level features an entry foyer, beautiful chef's vented kitchen with stainless steel appliance package including wine cooler, quartz countertops, and retractable island, spacious living room with oversized windows, bedroom, bathroom, and storage space. Bedroom wall can be removed to create an expansive great room. MIDDLE level features master bedroom with walk-in closest and en-suite bath with skylight, third bedroom, bath with skylight, and laundry room with washer/dryer. TOP level features sun room with floor-to-ceiling windows and ample closet, and exclusive landscaped outdoor terrace with glorious Manhattan and LIC skyline views, cooking grill, water and electric hook ups. A gallery-like staircase seamlessly connects all three levels. The Griffin Townhouse is located in the quiet residential Hunter's Point section of LIC "the town within the city", one train stop to Grand Central at the Vernon-Jackson 7 train station, and half a block to Vernon Blvd. , the heart of LIC featuring wonderful dining, bars, shopping, and parks. A short distance to the fully developed LIC waterfront esplanade and water taxi, and a quick bike/cab ride to Williamsburg and Greenpoint.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
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 | $2,160,000 | $2,160,000 | $2,160,000 |
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 | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,095 | $13,299 | $17,937 |
Total Monthly Payment | $12,220 | $13,424 | $18,062 |
* 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.