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Welcome to Roosevelt Island, the city’s best-kept secret, located just one subway stop from Midtown Manhattan! Residence 411 is a spacious alcove studio with modern finishes and a perfect layout. PRIVATE STORAGE INCLUDED. This luxury-designed home is further elevated by an abundance of windows, elegant crown moldings, and beautiful hardwood floors throughout. Eastern exposure floods the apartment with natural light. Upon entering the apartment, you step into a foyer — an important feature in any studio layout, offering added privacy and separation from the living space. The foyer also features four closets, providing excellent storage. If that is not enough, the apartment also comes with a private storage cage conveniently located on the same floor. The chef’s kitchen comes fully equipped with stainless steel Viking appliances, custom cabinetry, and excellent storage. The bathroom features marble tiling and a soaking tub. This residence is part of the Island House complex, one of Roosevelt Island’s most prominent residential communities. Island House is a full-service luxury cooperative with an array of amenities for its residents, such as a f/t doorman, gym, bike room, central laundry, community and playroom. There is also a resident-only courtyard with grilling and lounging areas, an outdoor playground with a jungle gym and cross-training workout area, and a dog run. Residents also have access to the new state-of-the-art lap pool in the building next door, membership for which can be purchased separately. Pets under 45 lbs are welcome, and 80% financing is permitted. Roosevelt Island is easily accessible by car, the F train (1 stop to Lex/63rd), the scenic Roosevelt Island Tram (4-minute ride to 2nd Ave / 60th St), the Astoria Ferry line with direct links to Wall Street, CitiBike (there is a large CitiBike station), and the Q102 bus. There is also the Red Bus, which is free and makes convenient stops throughout the island. ?Roosevelt Island is famous for its beautiful promenade around the island with stunning views, landmarks such as the lighthouse, FDR Four Freedoms Park, and the Cherry Blossom Festival. Residents enjoy an abundance of parks and green spaces, a baseball and soccer field, tennis and basketball courts, playgrounds and recreational areas with BBQ grills, and a public swimming pool and gym. Furthermore, residents have access to Foodtown supermarket, well-stocked bodegas with international foods, Starbucks, Duane Reade, a post office, a public library, schools, and a number of restaurants and other local businesses. Every Saturday, there is a Farmer’s Market offering the freshest produce. The Motorgate parking garage is located at the entrance to the island for those with a car. Lastly, the newly developed Cornell Tech campus offers additional landscaped green spaces and cafes.
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:
$440,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $352,000 | $352,000 | $352,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,167 | $2,254 | $2,947 |
| Total Monthly Payment | $2,242 | $2,329 | $3,022 |
* 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.