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Now READY TO CLOSE!Don't let this opportunity slip away - FINAL 1-Bedroom layout at Fabric Astoria. Its spacious layout offers all the features you seek in a new home: large windows flooding the space with light, ample closet space, a comfortable living area, a cozy bedroom, and the convenience of an in-unit washer and dryer. Weaving contemporary design and exceptional amenities into its accessible Astoria location, Fabric Astoria offers 35 one through three-bedroom condominium residences. Featuring brand-new quality construction, with a robust collection of indoor and outdoor amenities, this one-of-a-kind residence elevates the concept of Queens living with a full lifestyle offering of quality design, shared community, and a culturally vibrant neighborhood. Fabric Astoria residences feature large windows, open plan layouts, modern kitchens with top-of-the-line appliances and hand-picked finishes, an in-unit washer and dryer, and bright, sun-filled views of the city skyline or landscaped courtyard. Attention to detail is paramount, from the herringbone-pattern oak floors and built-in blinds to the high-technology Carson app that manages packages, maintenance, apartment access, and more. Fabric Astoria offers over 21, 000 SF of coveted, well-designed indoor and outdoor amenity space. This comprehensive collection includes two landscaped roof terraces with skyline views, a state-of-the-art fitness center opening to an adjoining two-level courtyard terrace, an outdoor BBQ, a dry sauna, a co-working space, a recreation lounge with pool table, a children’s playroom and more. Amenities- Landscaped roof terrace with sweeping Manhattan views- Landscaped and furnished courtyard with outdoor kitchen- State-of-the-art fitness center with direct access to courtyard- Resident lounge with pool table/converts to dining table- Co-working space, with conference room and private work stations- Children’s playroom- Dry sauna- Bicycle storage- Pet spa- Carson virtual doorman featuring remote apartment entry, package notification, maintenance tracking and more- Roof solar panels to supply power to common elements- On-site parking with EV chargers*- 421a Tax Abatement***Additional fees may apply. **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. Photos, renderings, videos and/or 3D tours may be reflective of a similar unit or staged residence. Equal Housing Opportunity. All dimensions and square footages are approximate and subject to construction variances and may vary from floor to floor. Sponsor reserves the right to make changes in accordance with the offering plan. The complete offering terms are in an offering plan available from the Sponsor. File No. CD230207. Sponsor: MD45 Developers, 48-02 25th Avenue, Astoria NY 11105.
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Our Executive Mortgage Banker:
Our Insurance Division:
$789,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $631,200 | $631,200 | $631,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,886 | $4,147 | $5,242 |
Total Monthly Payment | $3,978 | $4,239 | $5,334 |
* 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.