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Residence 517 at The Powerhouse – Spacious 1-Bedroom + Home Office
Welcome to Residence 517 at The Powerhouse, a generously sized 1-bedroom with a home office, offering 1, 013 square feet of thoughtfully designed living space in a serene setting.
The expansive living and dining area is both airy and inviting—perfect for everyday living and entertaining. The enclosed home office, complete with a swing door, provides flexibility as a quiet workspace or a private sleeping area, comfortably accommodating a queen-size bed.
The open chef’s kitchen is designed for both style and function, featuring white lacquer cabinetry with ample storage, quartzite countertops, a glass tile backsplash, and a full suite of stainless steel appliances.
Additional highlights include five closets throughout, oversized windows that fill the home with natural light, rich American cherry wood flooring, an in-unit washer and dryer, and individually controlled PTAC heating and cooling.
The king-size primary bedroom offers two spacious closets, while the bathroom is elegantly appointed with a deep soaking tub and a wood vanity.
A perfect balance of comfort and versatility, this residence is ideally suited for modern living, working from home, and effortless entertaining.
Amenities include:
24/7 concierge and live-in resident manager
State-of-the-art fitness center
Spa with whirlpool, sauna, and steam room
Residents’ lounge with pool table and wet bar
Media room and business center
Children’s playroom
Bicycle and cold storage
Expansive rooftop terrace with skyline views, sundeck, BBQ grills, and picnic areas
On-site rental parking available next door
Prime Long Island City Location
Ideally located just minutes from the 7 train (one stop to Grand Central) and close to the East River Ferry and Gantry Plaza State Park. Enjoy the best of LIC living with Vernon Boulevard’s vibrant dining scene—cafés, boutiques, and acclaimed restaurants—just one block away, along with everyday conveniences, including Food Cellar, Urban Market, Dumbo Market, Duane Reade, CVS, and the Gantry Home & Hardware store.
Don’t miss this rare opportunity to own a flexible apartment in one of LIC’s premier buildings. Schedule your private showing today.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,230,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $984,000 | $984,000 | $984,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $452 | $452 | $452 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,587 | $5,979 | $8,304 |
| Total Monthly Payment | $6,164 | $6,556 | $8,881 |
* 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.