One of the few buildings in LIC that has 421-A 15-year Tax abatement! Under $500 for Common charge and tax!!!
Resident 3E is packed with high-technology systems and high-end materials. An efficient layout maximizes square footage. Expansive Mirage wood floors and large floor-to-ceiling windows let in plenty of natural light, making the home feel big and open. The kitchen is equipped with Italian Scavolini Cabinets, Calacatta countertops, Liebherr refrigerator, Bertazzoni stove, and Bosch dishwasher.
W/D in the apartment, plus a deeded storage unit!
The building features a gym, virtual doorman-a premier security service offering secure package delivery and notification, access to emergency services at the push of a button, and more.
Arcadia is conveniently located in the heart of Long Island City which is a trendy, diverse cultural and commercial hub with a thriving community of artists and commerce. Walking distance to SEVEN different subway lines and a fast commute into Manhattan. Long Island Railroad (LIRR), and the East River Ferry are also nearby. Enjoy plenty of cafes and restaurants nearby as well.
Please reach out for any additional questions or to schedule a 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:
Our Insurance Division:
$965,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $772,000 | $772,000 | $772,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,383 | $4,943 | $6,567 |
Total Monthly Payment | $4,475 | $5,035 | $6,659 |
* 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.