Queens (Hunters Point), NY, 11101 | $950,000

CALLING ALL INVESTORS - TENANT IN PLACE Introducing this pristine 1-bedroom, 1-bath home featuring oversized wall-to-wall windows with southern exposure, providing abundant natural light throughout the day. The expansive living area showcases high-quality finishes, light oak wide-paneled hardwood floors, and an in-unit Bosch washer and dryer. The open kitchen is perfect for entertaining, with Bosch stainless steel appliances, Caesarstone countertops, glass tile backsplashes, dark wood cabinetry, and a functional breakfast bar with an island separating it from the living space. The bathroom offers a luxurious retreat with porcelain tile flooring, Kohler fixtures, an oversized shower, and a limestone vanity. Just steps away is a spacious common courtyard for outdoor enjoyment. Located in the luxury 5th Street Lofts (5SL), built by Toll Brothers City Living in 2007, this energy-efficient, sustainably built 8-story building features 121 units and an array of premium amenities, including a 24-hour concierge, fitness center, landscaped roof terrace, gardens, children’s playroom, grocery cold storage, bicycle and private storage, live-in super, and on-site covered parking. Set in the vibrant waterfront neighborhood of Hunters Point in Long Island City, this home is one subway stop from Grand Central in Manhattan. The area is renowned for its museums, galleries, restaurants, and waterfront parks with stunning Manhattan skyline views. Nearby conveniences include Gantry Plaza State Park, children’s parks, dog runs, sports fields, Trader Joe’s, Food Cellar Market, Duane Reade, Dunkin Donuts, and various dining and retail options. Tenant in place. Please contact agent for more information.

Features

  • Town: Queens
  • Levels: 8
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 264.0 x 200.0
  • Laundry: In Unit
  • Complex: 5th Street Lofts
  • Year Built: 2007
  • Common Charge: $834 Monthly
  • Approx Sq. Feet: 729
  • Est. Taxes: $5,664
  • Pet Policy: Building Yes,Yes
  • Appliances: Dryer,Washer/Dryer Stacked,Washer
  • MLS#: PRCH-37058648
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/PRCH-37058648/50948thavenue_queens_ny?source=qrflyer
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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 Yangtze Hudson LLC   Phone: (914) 420-6698

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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Queens (Hunters Point), NY, 11101

$950,000

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 $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment $472 $472 $472
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,496 $4,866 $6,465
Total Monthly Payment $5,060 $5,430 $7,029

* 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.