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47 5th Street #501
Condo in Hunters Point •  building info
1bd • 1ba • 701ft² $1,098 per ft²
Sold price

$770,000

Key Details
Days on market
116
Last price change
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Estimated payment
$4,974
Taxes
$78
Monthly common charges
$516
Description
Steps to the waterfront with one of the lowest monthly carrying costs!Come check out #501 at the Monarch Condominium in the heart of Hunters Point, LIC.The clean lines of the home begin the moment you step in to the wide entryway. The living area is complemented by large, noise abated windows with custom blinds and modern pre-engineered wide oak floors. The XL bedroom offers tons of light and a large closet space. The kitchen boasts new Bosch stainless steel appliances along with a glass mosaic backsplash and quartz countertops.The XL bathroom has a partial glass enclosure and is lined with porcelain subway tiles with soft, neutral white and grey tones. There is a stackable washer and dryer in the unit for everyday convenience with lots of extra room.A fully equipped fitness center, lounge area, revamped decked courtyard, virtual doorman, and bike storage are offered to owners.This boutique condominium building is at the heart of it all- steps to the beautiful waterfront Gantry State Park, FoodCellar, shops/ restaurants and schools. The 7 train is 2 minutes away and Manhattan and Brooklyn can also be accessed via the East Ferry service. The Monarch has a 421a tax abatement expiring in 2027.

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Important Stuff
Washer/Dryer in unit
Elevator
Building Amenities
Gym
History
What it'll cost
Purchase price
$770,000
Asking Price: $770,000
Term
30 Years
Down Payment
$77,000 (10%)
Min: 10% (77,000)
Rate
6.5 %
Mortgage Amount
$693,000
Mortgage Payment
$4,380
Common Charges
$516
Taxes
$78
Estimated closing cost
$25,000
Total monthly cost $4,974
Listing Courtesy of Modern Spaces

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