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**Sponsor Concessions – Next 2 Contracts ONLY: ** - 2 to 1 Buy Down (brings rate to ~4. 5% & monthly payment to ~$4, 741. ***varies based on multiple factors; inquire for details; quoted on 3/19/25***) **Bright and Modern 2-Bedroom Condo at The Bennett | Open Layout, High-End Finishes | Private Balcony** Welcome to 302 at The Bennett, a beautifully designed 2-bedroom, 1-bathroom residence that perfectly balances modern elegance and everyday comfort. This home features a private balcony, engineered blonde hardwood floors, and an open-concept layout that maximizes space and natural light. Outfitted with a chef’s kitchen, in-unit Bosch washer/dryer, and access to premium amenities, this residence offers a refined living experience in the heart of Old Astoria. The seamless layout creates a bright and inviting atmosphere, with a thoughtfully designed living and dining area that flows effortlessly into the gourmet kitchen. Equipped with top-of-the-line appliances, including a Bertazzoni range, Fulgor Milano refrigerator, and Bosch dishwasher, the kitchen combines sleek cabinetry with quartz countertops for both style and function. The spa-like bathroom features high-end finishes, a wall-hung toilet, and a deep soaking tub, offering a serene retreat. Expansive windows fill the space with abundant natural light, while ample closet space ensures easy organization. The Bennett is designed for both comfort and convenience, offering a windowed fitness center, a serene courtyard, and a rooftop terrace with breathtaking Manhattan skyline and RFK Bridge views. For those with vehicles, covered and uncovered private parking is available, along with secure bike storage for added convenience. Located in the revitalized Old Astoria waterfront, The Bennett is just minutes from the N/W trains, multiple bus routes, and the Astoria Ferry, providing seamless access to Manhattan and beyond. Enjoy the vibrant local scene with nearby Socrates Sculpture Park, the Noguchi Museum, Astoria Park, and an array of top-rated restaurants and cafés, all just moments from your doorstep. The complete offering terms are in an offering plan available from the sponsor. BLD Astoria LLC, 2034 Bath Avenue, Brooklyn, NY 11214. New York File No. : CD24-0279. Sponsor reserves the right to make changes in accordance with the terms of the offering plan. This advertising material is not an offer to sell nor solicitation of an offer to buy to residents of any jurisdiction in which registration requirements have not been fulfilled. Equal Housing Opportunity. Images are artist renderings and not be to scale. Listing features stock images of the building.
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.659% | 6.610% | 6.303% |
Monthly Tax Payment | $714 | $714 | $714 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,140 | $4,546 | $6,118 |
Total Monthly Payment | $4,946 | $5,352 | $6,924 |
* 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.