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Discover the rare opportunity to own one of Long Island City’s most desirable two-bedroom residences. Residence 7E at Star Tower offers a 1, 228 SF corner layout, combining sleek modern finishes with impressive scale and natural light. Residence Highlights • Spacious Proportions – a true oversized two-bedroom, two-bath layout rarely available in LIC. • Soaring 11’ Ceilings – dramatic height and expansive floor-to-ceiling windows create a bright and airy atmosphere. • Thoughtful Design – generous living room and dining space, functional square layout, and excellent storage options. • Convenience at Home – equipped with washer & dryer and central climate control for modern city living. The Building Completed in 2020, Star Tower is a 26-story architectural statement in glass and steel, offering residents over 14, 600 square feet of curated amenities: • 24-hour doorman and on-site super • Fitness center, yoga studio, and children’s playroom • Residents’ lounge, screening room, and game spaces • Landscaped roof terrace with panoramic Manhattan skyline views • Outdoor BBQ area, bike storage, and automated parking garage • On the ground floor, a newly opened Food Hall brings a wide range of dining options directly into the building. Location & Lifestyle Nestled in the heart of Hunters Point, Star Tower provides unmatched convenience with the 7, N, Q, E, M, R, and G trains all nearby—Midtown Manhattan is less than 10 minutes away. The neighborhood is home to Trader Joe’s, Target, Costco, HMart, and a vibrant dining scene, alongside parks, art spaces, and waterfront greenways. Investment Advantage With a 421a tax abatement through 2035, monthly carrying costs remain exceptionally low, ensuring strong long-term value whether for end-use or as an investment. Residence 7E at Star Tower is the perfect balance of size, design, and convenience—an uncommon find in today’s LIC market.
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:
$1,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.732% | 5.555% |
| Monthly Tax Payment | $500 | $500 | $500 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,409 | $8,059 | $11,347 |
| Total Monthly Payment | $8,034 | $8,684 | $11,972 |
* 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.