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Presented by
Person + Person |
Spacious South-Facing One-Bedroom Condo with Tax Abatement Through 2033 in Prime Long Island City
Welcome to Unit 302, an exceptionally spacious one-bedroom, one-bath condominium in the heart of Long Island City. One of the largest one-bedroom layouts in the building, this thoughtfully designed residence features an expansive open-concept living, dining, and kitchen area with ample space for a large kitchen island, a dedicated dining area, and an oversized living room—perfect for both everyday living and effortless entertaining.
The home is highlighted by soaring 10-foot ceilings, wide-plank oak hardwood flooring, and oversized south-facing windows that bathe the interior in beautiful natural light throughout the day.
The king-sized bedroom is equally impressive, offering generous space for a king bed, dresser, additional seating or a home office, along with ample closet space.
Adding even greater value, the residence benefits from a 421-a tax abatement through 2033, providing significant long-term tax savings.
Residents enjoy an exceptional collection of boutique condominium amenities, including:
- Doorman
- Residents’ lounge
- Fitness center
- Children’s outdoor playground
- Landscaped rooftop terrace with BBQ grills and breathtaking Manhattan skyline views
Perfectly situated in one of Long Island City’s most convenient locations, the building is just moments from multiple subway lines, providing quick access to Manhattan. Trader Joe’s, Target, and an outstanding selection of acclaimed restaurants, cafés, and neighborhood favorites are all within easy reach.
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:
Our Insurance Division:
$950,000
Sales Associates
William Raveis Real Estate
Phone: 978.660.0967
PersonPersonGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,315 | $4,679 | $6,413 |
| Total Monthly Payment | $4,407 | $4,771 | $6,505 |
* 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.