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INVESTOR UNIT - Tenant in place through August 2027
Beautiful two bedroom, two bathroom at the CORTE, a brand new full-service building in Long Island City.
An entry foyer welcomes residents into the stunning apartment, designed as a luxury-infused, modern residence. The spacious living room features floor-to-ceiling windows that maximize natural light and provide great South exposure. Enjoy high ceiling height, beautifully crafted hardwood floors, ample closet space, and in-unit washer and dryer.
Featuring all the luxuries of a modern home, the residence includes an open, gourmet kitchen equipped with state-of-the-art appliances, wood cabinetry, and a marble, waterfall island. The primary bedroom features a walk in closet, floor to ceiling windows and a spa-like bath with dual sinks, tiled marble walls and top-of-the line fixtures. The sizable secondary bedroom boasts floor to ceiling windows, good closet space and a spa-like bathroom.
Enjoy the remarkable evolution of Long Island City, one of New York City's most artsy and vibrant neighborhoods. Nearby the Court Square subway stop (E & M trains) and Queensboro Plaza subway station (7, N, W trains), commuting into Manhattan is a breeze.
Designed by Argentinian architects Dieguez Fridman and New York based Beyer Blinder Belle, CORTE is a bold new building with clean lines, rich architectural details, and a refined material palette. Wrapped in a tinted glass curtain wall, the contemporary facade appears as a collection of stacked boxes to create a visually stunning experience. Surrounded by landscaped gardens and an extensive amenities package, CORTE is a break from city living. The roof deck provides plenty of room to breathe, sit back, relax, and soak up the sun, gaze at the stars or host some friends for a barbecue. The interior residents' lounge is an extension of your home. Entertain friends, get some work done or cuddle up on the plush couch with a glass of wine and a book. CORTE's amenities package also includes a 24-hour doorman, fully equipped fitness center, kids playroom, and for sale parking.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
| 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 | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,374 | $9,104 | $12,747 |
| Total Monthly Payment | $8,499 | $9,229 | $12,872 |
* 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.