42-14 Crescent Street, #12A, Queens (Long Island City), NY, 11101 | $1,190,000

A rare opportunity to own a sprawling spacious 2 BR 2 BA in the heart of Long Island City with low monthlies at a great cost per sf value! Residence 12A at The Independent is a striking floor-through 2 bedroom 2 bathroom, offering a level of space and livability, maximizing luxury and comfort. The layout, just under 1, 200 sf, is both efficient and livable, with a true separation between living, kitchen, dining, and bedrooms. Natural light pours through oversized west and east facing windows, enhancing the home’s clean lines and modern finish. The eat-in open kitchen is sleek and functional, complete with premium appliances and Caesarstone countertops, open island that seamlessly integrates into the living space while still maintaining definition. Accompanied by in-unit washer and dryer, central HVAC window units, ample closet space and storage throughout the home, and spacious oversized bedrooms. The Independent is a 2016-built boutique co-op known for delivering a full-service lifestyle without the scale or congestion of larger developments. Residents enjoy a curated amenity package including a fitness center, resident lounge with billiards, landscaped courtyard, virtual doorman system, live-in super, and a roof deck with sweeping skyline views. Location is where this truly becomes compelling — positioned just off Queensboro Plaza and Court Square, you have direct access to multiple subway lines (N/W/7/E/M/R/G), making Manhattan and Brooklyn easily accessible within minutes. It's vibrant and central location in LIC has access to numerous places to shop, dine and be entertained. The neighborhood continues to grow as a cultural center with new Michelin rated restaurants and cafes; Target, Jacx & Co. Food Hall, Trader Joes, Food Cellar Market, Tacombi, MoMa PS1 museum, and much more. Residents can also enjoy a nice walk to the waterfront Gantry State Park and close by to Murray Park playground. Showing by appointment only; will need at least 24-hour notice. Storage unit available for an additional fee $90/mo.

Features

  • Town: Queens
  • Cooling: Central
  • Levels: 13
  • Amenities: Bike Room; Courtyard; Fitness Room; Laundry Room; Lounge; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: CommonArea,WasherDryerInstallAllowed
  • Complex: Independent LIC, The
  • Year Built: 2016
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • Built Size: 50'x70'
  • OLR#: RLS20095606
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/RLS20095606/4214crescentstreet_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 Compass

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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

42-14 Crescent Street, #12A, Queens (Long Island City), NY, 11101

$1,190,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $952,000 $952,000 $952,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,405 $5,708 $8,034
Total Monthly Payment $5,530 $5,833 $8,159

* 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.