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Welcome to Cypress Condominium, a modern, boutique 8-floor development built in 2019. Nestled on the tree lined access road off Ocean Parkway, this unique 2-bedroom, 2-bathroom apartment offers an exquisite blend of style, comfort, and convenience. It is the first 2 bedroom resale in the building so no additional developer related costs at the closing table. Upon entering, you are greeted by an expansive 24 ft. living and dining area flooded by sunlight from the floor-to-ceiling windows, which offer a serene view of the tree-lined parkway. The living space accommodates a three-person sofa opposite an entertainment system, seamlessly flowing into the dining area which fits a 4 person table. The open kitchen is a culinary delight, featuring sleek white acrylic and wood veneer cabinets alongside full-sized, stainless steel appliances from Samsung and Beko, making it perfect for entertaining. The primary bedroom is a spacious retreat, comfortably fitting a king-sized bed and dressing table, while the second bedroom is versatile, ideal for a queen-sized bed or an excellent work-from-home setup. Both rooms are enhanced by large windows with remote-controlled shades, providing privacy and managing the abundant natural light from the western exposure. Effortlessly maintain the perfect climate with the 2-zoned central air system, and enjoy the convenience of an in-unit washer/dryer. Each bathroom is a spa-like sanctuary with radiant heated grey matte porcelain floor tiles. The primary bath boasts a large stand-up shower with a rain head, while the second bathroom features a deep soaking tub, both equipped with Hansgrohe Metris faucets and illuminated mirror vanities. The apartment has a deeded storage room, one of the few in the building. This is being sold separately for $8, 000. There is no parking in the building. Street parking only. The Cypress Condominium doesn't just stop at your doorstep; it features a range of amenities, including a fitness room, bike room and a common rooftop offering panoramic views stretching to Manhattan. Enjoy the security of a modern lobby with a waiting area and a 10-inch intercom screen with a camera security system for common areas, all viewable from the additional app on your phone. Perfectly situated, you’ll find easy access to F/G and Q subways, express buses, and an array of local dining options like George's Diner, Lea Italian, Punjab Restaurant, and Mexico Diner, all just a short distance away. Experience modern living with this thoughtfully designed home at the Cypress Condominium.
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.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.144% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,661 | $3,809 | $5,071 |
| Total Monthly Payment | $3,753 | $3,901 | $5,163 |
* 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.