Welcome to apartment 5C at Purves Condominium! This recently updated two-bedroom condominium offers the perfect blend of modern luxury and city convenience. Situated in a prime location, this residence boasts breathtaking views of the city skyline and the convenience of nearby amenities. Enjoy enhanced comfort with two new ceiling fans equipped with lighting, and three new heating and A/C units that ensure optimal climate control year-round. The kitchen is a chef's dream, featuring custom grey washed oak cabinets adorned with Teju Lizard hardware. New lighting above the kitchen island illuminates the sleek Italian porcelain countertops, while custom stitched leather shelf mats add a unique touch of luxury. Both bathrooms have been renovated to perfection, with Italian marble adorning the guest bathroom and the primary shower. New lighting fixtures in both bathrooms provide ample illumination, and the primary bathroom boasts a newly refinished vanity for added sophistication. Experience ultimate relaxation in the primary bedroom, where a newly installed manual blackout shade ensures restful sleep. Additional upgrades include new radiant heat flooring in the living room, controlled by programmable thermostats for each area, and newly automated shades from "The Shade Store" that enhance privacy and convenience. Step outside onto your newly renovated balcony and take in the panoramic views of Long Island City. This outdoor oasis is perfect for enjoying your morning coffee or unwinding after a long day. Located just minutes away from the subway, restaurants, shops, and parks, this condominium offers the ultimate in city living. Don't miss your opportunity to make this your new home in Long Island City! Advantage at Purves Condominium is a full service building with a full time doorman, private storage space, bike storage, common roof deck, media lounge, private gym with sauna. Be a part of a thriving court square area. Conveniently located two blocks from trader joes, one block from the new Target as well as easy access to Manhattan via the E, M, 7, Q, N, R trains. A deeded parking spot is available for purchase.
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$1,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $944 | $944 | $944 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,800 | $7,352 | $9,749 |
Total Monthly Payment | $7,869 | $8,421 | $10,818 |
* 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.