4-74 48th Avenue, #3H, Queens (Long Island City), NY, 11109 | $2,800

Bright and inviting studio apartment, located directly on LIC's waterfront. Low monthly maintenance, northwest exposure, updated stainless steel appliances and well maintained refinished flooring.


Citylights is a pet-friendly luxury building with amenities including a large well-equipped fitness center with free classes, sauna, locker rooms, two tennis courts, two landscaped roof terraces, a full-time doorman, on-site parking and bike storage.


Neighborhood:

Why bother with the hassle of the city, when you can enjoy it's skyline from Long Island City. A quick 4 minute subway ride away from Midtown, Long Island City has quickly become the suburbs inside New York City while boasting some of the best views of the Manhattan skyline. Long Island City's highly desired waterfront area, Hunters Point has a nearly one-mile stretch of park space, dog runs, children's playgrounds, gardens, soccer fields, basketball courts, Citi bike locations, East River ferry access and multiple restaurants to enjoy the beautiful sunsets. Quaint shops, trendy bars and restaurants entice passersby with a range of atmospheres from cozy to contemporary. A major cultural center, LIC is replete with museums, artist lofts as well as many outdoor and indoor galleries. Also home to three microbreweries, Big Alice Brewing, Rockaway Brewing and Transmitter Brewing. The weekends provide an array of activities including the LIC Flea & Food Market every Saturday & Sunday during the spring and summer months.

Features

  • Type: Condop
  • Town: Queens
  • Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck;
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Other
  • Year Built: 1997
  • Garage: Yes
  • Cooling: Unknown Type
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • Owner Pays: Yes
  • OLR#: RPLU5122915229
  • Days on Market: 70 days
  • Website: https://www.raveis.com
    /prop/RPLU5122915229/47448thavenue_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 Douglas Elliman Real Estate

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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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4-74 48th Avenue, #3H, Queens (Long Island City), NY, 11109

$2,800

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 $2,240 $2,240 $2,240
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $15 $15 $19
Total Monthly Payment $90 $90 $94

* 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.