47-05 5th Street, #102, Queens (Long Island City), NY, 11101 | $1,935,000

Discover modern comfort and generous space in this beautiful 3-bedroom, 2-bath duplex ideally located near the Long Island City waterfront. On the upper level, you can enjoy the expansive open-concept living and dining area with large kitchen equipped with Bosche appliances and vent-out range hood. Two large bedrooms easily accommodate queen-size beds and include built-in closets for convenient storage. The versatile lower level can serve as a third bedroom, entertainment room, home office, or personal gym. It also features a walk-in closet and a large bathroom, adding both comfort and style to your daily routine. The unit has in-unit washer and dryer and ample storage throughout. Residents of The Monarch enjoy a state-of-the-art fitness center, an outdoor deck with grill, a stylish residents’ lounge, and secure bike storage. Situated just one block from the waterfront, The Monarch provides quick access to the East River Ferry and the scenic Gantry Plaza State Park. Enjoy the vibrant dining scene with local favorites such as Cannelle Somedays Bakery, Casa Enrique, and American Brass. Residents are within walking distance of Trader Joe’s and Dumbo Market. 7/G/E/M subway lines are close by—making commutes to Manhattan and Brooklyn fast and seamless.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Garage; Fitness Room; Lounge; Roof Deck;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: InUnit
  • Complex: Monarch, The
  • Year Built: 2016
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • OLR#: RLS20080945
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/RLS20080945/47055thstreet_queens_ny?source=qrflyer
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.
Listing courtesy of CHARNEY REAL ESTATE LLC

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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47-05 5th Street, #102, Queens (Long Island City), NY, 11101

$1,935,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,548,000 $1,548,000 $1,548,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,789 $9,531 $13,063
Total Monthly Payment $8,914 $9,656 $13,188

* 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.