|
Welcome to Penrose Tower, a newly built boutique condominium in the heart of Downtown Flushing. Residence 5H at 136-80 41st Avenue offers a thoughtfully designed 515 sq. ft. studio layout with 1 full bathroom, combining modern finishes, everyday comfort, and exceptional convenience. This bright and efficient home features an open living and sleeping area, oversized windows, hardwood flooring, central air conditioning, and a private balcony that extends the living space outdoors. The contemporary kitchen is equipped with gas cooking and sleek modern appliances, while the in-unit LG washer and dryer provide added convenience. Penrose Tower is an 8-story luxury condominium with only 44 residences, offering a private and well-maintained living environment. Building amenities include a welcoming lobby, key-fob secured elevator access, a fitness room, residents’ lounge/clubhouse, dedicated mail room, and on-site parking options. Located just moments from Main Street, the 7 train, Flushing LIRR station, public transportation, supermarkets, restaurants, banks, shops, and everyday essentials, this residence offers the perfect blend of modern condominium living and prime urban convenience in one of Queens’ most vibrant neighborhoods. Available for immediate occupancy. Easy showing.
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:
$616,925
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $493,540 | $493,540 | $493,540 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $364 | $364 | $364 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,956 | $3,116 | $4,065 |
| Total Monthly Payment | $3,412 | $3,572 | $4,521 |
* 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.