4-74 48th Avenue, #38K, Queens (Long Island City), NY, 11109 | $978,000

Unmatched Luxury Living at Citylights: Rarely Available, Oversized 2 Bed/2 Bath Apartment on High Floor with Breathtaking East River/ Manhattan Views!

Don't miss this unique ownership opportunity as featured in the 'On The Market' section of the NYTimes! Located on the waterfront at 4-74 48th Avenue, #38K in Long Island City, this stunning, oversized 2-bedroom, 2-bathroom apartment is a rare gem, offering not only huge, light-filled bedrooms but also spectacular, unobstructed views of the East River, Queens, and the breathtaking Manhattan skyline, which comes alive with dazzling city lights at night from your private balcony.

Spanning an impressive 1, 200 sq ft, (approx. ) this recently updated apartment features a thoughtful & expansive split bedroom layout that maximizes space, privacy and natural light, enhanced by elegant, refinished wood flooring throughout. The newly renovated walk-thru designer kitchen is a chef's dream, equipped with top-of-the-line stainless steel appliances, including a Bosch dishwasher, and seamlessly opening to a spacious living area complete with a separate windowed nook with river views-ideal for a home office! The expansive living space also boasts a dining area, ideal for entertaining friends and family while enjoying the stunning views.

Retreat to the extra-large primary bedroom suite, which offers abundant southern exposure, a luxurious ensuite bathroom with a soaking tub, and generous storage options, including an enormous walk-in closet and a custom double-door closet. The well-appointed, gigantic second bedroom features a southwest-facing corner window and ample custom closet space, conveniently located next to a stylish full bathroom with a tiled shower.
Living at Citylights-designed by the acclaimed architect Cesar Pelli-means indulging in an array of exceptional amenities. Enjoy access to a fully equipped gym with complementary exercise classes, a beautifully landscaped roof terrace featuring a tennis court, newly remodeled, expansive laundry room, 24/7 concierge service, and convenient on-site parking at a significantly below market rate ($150/month) for owners . Plus, as a primary residence owner, you may be eligible for a tax rebate!

Experience the vibrant lifestyle of Long Island City, with easy access to stunning parks like Gantry Plaza State Park, diverse dining options, cultural venues, and seamless transportation links to Manhattan, including the East River Ferry and a quick one-stop subway ride to Grand Central Terminal.

Seize your chance to embrace this unparalleled lifestyle at Citylights, where spacious bedrooms, mesmerizing views, and modern comforts converge in perfect harmony!

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: 98 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 DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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

$978,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $782,400 $782,400 $782,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.597% 6.158%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,628 $4,945 $6,602
Total Monthly Payment $4,720 $5,037 $6,694

* 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.