40-21 27th Street, #3W, Queens (Long Island City), NY, 11101 | $1,400,000

A Rare Terrace Masterpiece — Iconic Indoor-Outdoor Living in the Heart of Long Island City Now Offering a Limited-Time “Live For Free” Incentive: One Year of Common Charges & Real Estate Taxes Covered. * Introducing Residence #3W, an elevated 2-bedroom, 2-bathroom home featuring a one-of-a-kind sprawling private terrace. This sun-drenched residence offers a thoughtfully designed and flexible layout, with the potential to convert to a three-bedroom, all framed by floor-to-ceiling windows that flood the home with natural light throughout the day. The interiors are both warm and refined, featuring Canadian maple wood flooring and an expansive open-concept living and dining area. The chef’s kitchen is elegantly appointed with soft-close cabinetry, premium quartz countertops, and a suite of Bosch and Samsung appliances, including an externally vented range hood. A true centerpiece of the home is the sprawling private terrace spanning over 1, 100 square feet — a rare outdoor sanctuary ideal for entertaining, al fresco dining, or cultivating a lush garden retreat. Seamlessly extending the living space outdoors, this exceptional terrace offers a level of scale and versatility rarely found in condominium living. Additional features include individually controlled heating and cooling in every room, an in-unit Bosch washer and dryer, and a beautifully finished bathroom with large-format tile and a sleek floating vanity. Parking and private storage are available for separate purchase. Residents enjoy access to a landscaped rooftop deck with sweeping city views, all just moments from Queensboro Plaza, Queens Plaza, and Queensbridge subway lines, offering effortless access to Manhattan and beyond. The complete Offering Terms are available in an Offering Plan from the Sponsor. File No. CD 24-0284. Listing photography may include virtual staging to illustrate potential layouts and design possibilities. *Incentives are discretionary, subject to sponsor approval, and may be modified, suspended, or withdrawn at any time without notice. Offers are available for a limited time and apply only upon fully-executed contract. All terms are subject to the provisions of the offering plan and final contract of sale.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Garage; Roof Deck;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: InUnit
  • Complex: CMX Tower
  • Year Built: 2025
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Private Garden: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • OLR#: RLS20083315
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/RLS20083315/402127thstreet_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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40-21 27th Street, #3W, Queens (Long Island City), NY, 11101

$1,400,000

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 $1,120,000 $1,120,000 $1,120,000
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 $6,359 $6,896 $9,451
Total Monthly Payment $6,484 $7,021 $9,576

* 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.