2 Bay Club Drive, #17P, Queens (Bay Terrace), NY, 11360 | $750,000

Bright and spacious two bedroom, two bath unit with balcony located in the gated community of The Bay Club Condominium. The master bedroom can easily accommodate a king size bed and ensemble and features an en-suite bathroom. Both bedrooms boast generous closet space, allowing for maximum versatility of the floor space. Expansive living room opens up to a balcony that affords a panoramic views of the city and water. White kitchen features stone counter tops and stainless appliances. The Bay Club features 24 hour security, full time concierge and valet parking (indoor parking for an extra fee). A world class fitness center is complimented by a pool, spa, indoor and outdoor basketball courts, racquetball courts and tennis club. Further amenities include an on-site cafe, beauty salon, convenience store, dry cleaner, media room and club room. There is a laundry room on every floor. With all this, you will never need to leave home, but if you doExpress Bus service to Manhattan is conveniently located across the street with LIRR service also close by. Conveniently located in proximity to all major highways and the Whitestone and Throgs Neck Bridges. Nourish your appetite for outdoor life with ample park land along the nearby waterfront. The Bay Terrace Shopping Center is extremely close by as well.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 22
  • Amenities: Alarm System; Bike Room; Driveway; Garage; Outdoor Parking; Garden; Health Club; Exercise Studio; Basketball Court; Tennis Courts; Pool; Sauna; Hotel Style Service; Laundry Room On Every Floor; Nursery; Private Storage; Cinema Room;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Bay Club, The
  • Year Built: 1981
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Elevator
  • Service Level: Concierge
  • OLR#: RPLU33422538298
  • Days on Market: 362 days
  • Website: https://www.raveis.com
    /prop/RPLU33422538298/2bayclubdrive_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 AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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2 Bay Club Drive, #17P, Queens (Bay Terrace), NY, 11360

$750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,892 $3,942 $5,023
Total Monthly Payment $3,984 $4,034 $5,115

* 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.