Queens (Long Island City), NY, 11101 | $749,000

Welcome home to Unit 8A – a beautiful and exquisite oversized alcove studio 1BR 1BA condo unit with impeccable modern features, is now available for sale! Welcome to IVY 28, a boutique 28 residence condo building located within 4 minutes from midtown Manhattan by Court Square & Queensboro Plaza stations (E M 7 G N W R trains). This extraordinary residence features dual exposure (northern and southern natural light!), a generous size living room with two walk-in closets, 10ft high ceilings, and oversized windows. Beautiful oak hardwood flooring, recessed lighting, modern open gourmet kitchen with stainless steel appliances and dishwasher. Top of the line kitchen fixtures, stainless steel appliances, porcelain tile flooring, granite counter tops, custom wood cabinetry, GE range, and Liebherr refrigerator. The bathroom sets a relaxing setting with elegant stone, tile floors, and a deep soaking tub with open views. Ivy28 includes amenities – beautiful roof deck with Manhattan views and laundry room in the building. The extremely low maintenance and the tax abatement ending in 2029 complete the perfect combination of comfort and affordable living in the epicenter of Long Island City! It’s vibrant and central location in the arts district affords it enviable access to numerous places to shop, dine and be entertained. The neighborhood Long Island City continues to grow as a cultural center with new restaurants, cafes, Jacx & Co. Food Hall, City Chemist, Trader Joes, Tacombi, MoMa PS1 Museum, Target and so much more. Showing by appointment only with 24-hour notice. Please note: photos are from a previous model for reference only and do not represent the actual apartment.

Features

  • Town: Queens
  • Heating: Wall Furnace
  • Cooling: Wall Unit(s)
  • Levels: 8
  • Rooms: 3
  • Baths: 1 full
  • Lot Size: N/A
  • Laundry: Common Area,See Remarks
  • Year Built: 2014
  • Common Charge: $467 Monthly
  • Approx Sq. Feet: 580
  • Est. Taxes: $576
  • Pet Policy: Building No,Cats OK,Dogs OK
  • Appliances: Dishwasher,Stainless Steel Appliance(s)
  • MLS#: COMP-155659114833948
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /prop/COMP-155659114833948/423727thstreet_queens_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Queens (Long Island City), NY, 11101

$749,000

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 $599,200 $599,200 $599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $48 $48 $48
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,139 $3,982 $5,138
Total Monthly Payment $4,279 $4,122 $5,278

* 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.