87-22 51st Avenue, #4H, New York (Elmhurst), NY, 11373 | $445,000

This rarely available luxury studio at Elm51 Condominium in Elmhurst offers modern elegance and premium comfort. Windows throughout the apartment bring in abundant natural light, creating a bright and inviting space. The modern kitchen features ample counter space and stainless steel appliances, while LED lighting throughout adds a sleek, contemporary touch. A self-controlled heating and cooling system ensures year-round comfort. Built in 2017, Elm51 is a well-maintained and professionally managed condominium with top-tier amenities. Residents enjoy a fully equipped gym, laundry facilities, a package room, conference room, and a spacious outdoor terrace on the fifth floor with a children’s playground and views. Doorman service is available from 11 AM to 7 PM daily, except Tuesdays from 12: 30 PM to 8: 30 PM. Located on a quiet block yet just minutes from the subway, this home offers an easy commute to Manhattan. Low common charges include water, cooking gas, and access to the outdoor terrace, a playground and a modern gym. An exceptional opportunity to own a beautifully designed home in a prime Elmhurst location with unparalleled convenience and comfort.

Features

  • Town: New York
  • Heating: Electric
  • Cooling: Electric, Wall/Window Unit(s)
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Common Area
  • Year Built: 2017
  • Common Charge: $222 Monthly
  • Approx Sq. Feet: 450
  • Est. Taxes: $103
  • Elem. School: Ps 13 Clement C Moore
  • Middle School: Is 73 Frank Sansivieri Inter School
  • High School: Newtown High School
  • School District: Queens24
  • Appliances: Oven, Refrigerator
  • MLS#: 844192
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/844192/872251stavenue_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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.

Bonnie FiliaultLuxury Properties Specialist

508.662.2324

Bonnie.Filiault@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@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
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

87-22 51st Avenue, #4H, New York (Elmhurst), NY, 11373

$445,000

Bonnie Filiault

Luxury Properties Specialist

William Raveis Real Estate

Phone: 508.662.2324

Bonnie.Filiault@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $356,000 $356,000 $356,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.050% 6.132%
Monthly Tax Payment $9 $9 $9
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,221 $2,339 $2,980
Total Monthly Payment $2,305 $2,423 $3,064

* 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.