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Presented by
The Phyllis Doonan Team |
The Farrington, experience elevated living at one of the last remaining condominiums in Flushing offering property tax abatement. Enjoy exceptional value with property taxes as low as $30 per month during the abatement period, an ideal choice for both end-users and investors. This freehold property combines comprehensive amenities, thoughtful functionality and refined comfort. Features a 24-hour attended lobby with concierge, doorman service and video intercom for added convenience/security. Building is quipped with a state-of-the-art fitness center and an indoor swimming pool. There's also a recreation room/media lounge and meeting/community rooms. Residents enjoy a landscaped rooftop terrace with panoramic views of Manhattan and Queens, complete with seating, grilling stations and lounge space. Many units also have their own private balcony. Available on-site garage parking and valet service. Notably, there are 15 electric vehicle supercharger stations. A dedicated bike room and package room. The base levels house retail and dining thanks to its integration with the attached hotel and mall, offering seamless urban convenience with access to premier dining and lifestyle options, including 3366doc Seafood Restaurant, Kaizen Japanese Restaurant, and an on-site winery. Don’t miss this rare opportunity to own a luxury residence in a high-demand location with substantial long-term benefits.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,068,000
Sales Associates
William Raveis Real Estate
Phone: 203.428.1703
Phyllis.Doonan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $854,400 | $854,400 | $854,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $30 | $30 | $30 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,587 | $4,986 | $6,981 |
| Total Monthly Payment | $4,742 | $5,141 | $7,136 |
* 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.