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Inspired comfort blends with form and function at 5-12 51st Avenue. Smartly designed to maximize comfortable living with modern efficiency, this boutique condominium residence boasts a wide variety of features intended to make everyday life enjoyable and relaxing. The five-unit building offers an intimate oasis in Long Island City’s charming Hunters Point neighborhood.
The mix of one and two bedroom units feature expansive modern layouts to fit everyone’s needs, along with a first floor duplex with a private backyard. Residences offer unparalleled attention to craftsmanship. Each home’s bright, spacious layout integrates premium finishes and exclusive details, including engineered oak flooring, a custom steel and brass chandelier, and unique storage spaces — all embodying the LIC aesthetic. Every aspect of these units is thoughtfully composed. The highly functional kitchens are uniquely styled for each individual apartment. Each kitchen is enhanced with specific tile and cabinetry finishes paired with stainless steel appliances. Bathrooms are outfitted with a Duravit tub and toilet and accent tiling. Each unit is also equipped with a stacked washer/dryer. When it’s time to unwind, the roof deck is a relaxing space, with barbecue grills, greenery and lounge furnishings, and expansive city views.
Situated near historic homes, the building is conveniently located in a cozy neighborhood with everything in reach. Residents have easy access to Manhattan via the No. 7 subway line, with shopping and dining nearby, along with LIC’s dynamic cultural scene. Visit one of the many galleries and museums close by, including MoMA PS1 or enjoy one of LIC’s lush parks and the waterfront. Settle in at 5-12 51st Avenue — a cozy, friendly place to call home.
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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$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 | $760,000 | $760,000 | $760,000 |
| 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 | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,080 | $4,435 | $6,210 |
| Total Monthly Payment | $4,172 | $4,527 | $6,302 |
* 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.