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Welcome to this expansive one-bedroom residence at the Milan Condominium-perfect for both homeowners and investors alike. Benefit from a 421A tax abatement in place through 2030.
As you enter, you're welcomed into a bright, open living space enhanced by abundant natural light from its southern exposure. The chef-inspired kitchen features white shaker cabinetry, full-size stainless steel appliances, a mosaic tile backsplash, and a vented exhaust system. A generous quartz countertop doubles as a breakfast bar, comfortably seating 4-6 guests while offering ample space for cooking and entertaining.
The bedroom easily accommodates a king-size bed and provides plenty of storage options. Additional highlights include oversized double-pane windows, wide-plank hardwood flooring throughout, and high ceilings that add to the home's airy feel. For added convenience, the unit includes an in-home washer and dryer, central heating and cooling, and a private storage cage.
Residents of the Milan Condominium enjoy access to excellent amenities, including a fitness center and a rooftop deck complete with BBQ grills. Ideally situated in the heart of Astoria, the building is just moments from the N/W subway lines and surrounded by a variety of popular local dining spots such as Compton's, Vesta, Kondo Sushi, and Bahari, among others. The waterfront ferry is also just a short walk away.
DEEDED PARKING SPACE IS AVAILABLE FOR PURCHASE.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,194 | $3,325 | $4,377 |
| Total Monthly Payment | $3,286 | $3,417 | $4,469 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.