4-74 48th Avenue, #7-E, Queens (Long Island City), NY, 11109 | $765,000

OPEN HOUSES CANCELLED

Welcome to Long Island City! Pick up the keys and move right in! We invite you to schedule a private viewing of this newly renovated, modern, excellent condition, 2-bedroom, 1-bath at Citylights, where you can enjoy breathtaking Manhattan & East River views. This is one of only two buildings directly on the LIC waterfront with apartments available for purchase.

This home has an efficient layout boasting a roomy living/dining room combo; the open chef’s kitchen boasts custom cabinets, complete with top quality Ceaserstone countertops. Stainless steel appliances featuring full sized GE refrigerator, Bosch dishwasher and Samsung chef 5 burner stove with convection & warming/broiler oven. Enjoy your coffee from the custom coffee bar and relax with a glass of wine from Summit wine refrigerator. Perfect for entertaining friends and family.

A large row of closets line the entry foyer – a generous linen closet sits near the bathroom and a wall of closets in the primary king sized bedroom offers abundant space to store your clothes. The spacious living room with great wall space for even the largest of flat screen TV’s. 2nd Bedroom features sliding pocket door so you don’t lose an inch of space! Work from home and zoom in privacy from your home office or 2nd bedroom large enough for a full sized bed

Citylights, Long Island City’s first luxury high-rise residence; designed by famed Argentine-American architect Cesar Pelli. This Condop has NO BOARD INTERVIEW required.

The building comes with amenities galore! Enjoy the outdoor tennis court, FREE GYM – staffed & fully-equipped with 2 Peloton cycles, well maintained cardio machines and Star Trac Fitness Equipment, free weight room, yoga/workout studio, saunas, showers, and lockers. Building amenities also include a 24/7 doorman/concierge, a five-level indoor garage (residents enjoy a reduced rate of only $149/mo), a meeting room, and bike storage.

A Citylights 2 Bedroom home Total maintenance* of $2, 053, is about 24-55% tax-deductible. *Maintenance is inclusive of building’s real estate tax obligation.

Live in Long Island City – Minutes to Midtown!

Enjoy famous NYC skyline sunsets from the comfort of your apartment. Join the VIBRANT NEIGHBORHOOD of Long Island City, close to shops, restaurants, and attractions.

Convenient to the Vernon Boulevard-Jackson Avenue 7 Train Subway with access to E, M, G, and N, NYC Ferry service to Manhattan, and easy access to Long Island Expressway (495 LIE) and BQE. This exciting neighborhood is waiting for your arrival.

Features

  • Town: Queens
  • Cooling: Through the Wall
  • Levels: 42
  • Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Citylights at Queens Landing
  • Year Built: 1997
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Service
  • Built Size: 156'x400'
  • OLR#: 00012057921
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/00012057921/47448thavenue_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 Modern Spaces, LLC

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

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

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

4-74 48th Avenue, #7-E, Queens (Long Island City), NY, 11109

$765,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $612,000 $612,000 $612,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.375% 6.638% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,768 $3,868 $5,082
Total Monthly Payment $3,860 $3,960 $5,174

* 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.