4-74 48th Avenue, #38K, Queens (Long Island City), NY, 11109 | $1,095,000

Luxury LIC Apartment with Stunning Views and Private Outdoor Space

Discover this exceptional ownership opportunity at Citylights, situated at 4-74 48th Avenue, #38K in Long Island City, offering breathtaking panoramic views of the East River waterfront and four boroughs. This recently updated 2 Bed/2 Bath apartment with a split layout boasts a spacious 1, 154 sq ft floor plan flooded with natural light and elegant wood floors throughout.

The newly renovated walk-thru designer kitchen showcases stainless steel appliances, including a Bosch dishwasher, while the expansive living space features a dining alcove adjacent to the kitchen and leading to the private balcony. The primary bedroom suite enjoys south exposure and a luxurious ensuite tiled bathroom with a soaking tub and mirrored medicine cabinet. Ample storage is provided by a walk-in closet and a custom double door closet. The second bedroom boasts a south-west facing corner window and custom closets, conveniently located next to a full bathroom with a tiled shower and ceramic floor.

Experience luxurious living at Citylights at Queens Landing, a masterpiece designed by renowned architect Cesar Pelli in Long Island City. This impressive 42-story condop building offers a plethora of amenities, including a fully equipped gym with complementary fitness classes, a landscaped roof terrace with a tennis court, a full-time concierge, and on-site parking.

Nestled in the vibrant neighborhood of Long Island City, residents have access to beautiful parks like Gantry Plaza State Park, public pickleball courts, diverse dining options, cultural venues like MoMA PS1, and easy transportation links to Manhattan, including East River Ferry docks and a short subway ride to Grand Central Station. Don't miss the chance to explore the exceptional lifestyle at Citylights.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 42
  • Amenities: Bike Room; Garage; Fitness Room; Exercise Studio; Sauna; Laundry Room; Lounge; Roof Deck;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Other
  • Complex: Citylights at Queens Landing
  • Year Built: 1997
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • OLR#: RPLU33423206885
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/RPLU33423206885/47448thavenue_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 Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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4-74 48th Avenue, #38K, Queens (Long Island City), NY, 11109

$1,095,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $876,000 $876,000 $876,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.902% 6.360% 6.056%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,974 $5,394 $7,333
Total Monthly Payment $5,099 $5,519 $7,458

* 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.