Скачать или смотреть My Exclusive Listing: Star Tower LIC

Star Tower – Key Highlights

**LAST LUXURY CONDO BUILDING WITH 15 YEAR TAX ABATEMENT IN LIC**

**After 2019, NYC stopped to give anyone tax abatement**

1.Brand New 26 Story Luxury Glass and Steel Tower (10/2019). Move-in began 4/2020. Tax abatement starts from 7/1/2020.
Star Tower building paid off all mortgage payment. Doesn’t own any money from the bank,
2. Stunning ceiling heights with floor to ceiling windows.  Soaked with natural sunlight.
3. South and East exposure.
4. 14,600 sf of 5-star hotel style amenities on 2F and Rooftop.

 2nd Floor
*Gym
*Bike storage
*Lounge
*Yoga/Playroom
*Outdoor common area w/ playground, BBQ
*Private Movie Theater (need reservations)

Rooftop
*Rooftop billiard’s lounge with landscaped sun terrace.
*Recreation Room

Basement
*Commercial Laundry Room
*Storage

5. One subway stop from midtown Manhattan and conveniently located with 7 subway lines just 2 blocks away.

6. 421A Tax Abatement results in lowest monthly costs vs. other buildings.  Cheaper than renting for most buyers.  Estimated total tax savings of approximately $110k-$143k depending on unit.

7. 1BD starting at 604 sf – 713 sf.
a. Current property Tax only $9-10 per month
b. Current Common Charge only $461-$535 per month

8. 2BD starting at 1,093 sf – 1,228 sf.
a. Current property Tax only $391-$550 per month
b. Current Common Charge only $828-$925 per month

9. Central Air heating and cooling plus electric baseboard.

10. All utilities included in common charges except for electric and internet/cable bill.

11. Automatic parking lot on 1st floor,  $350/m for rent.

12. Storage units available for $25,000 + $5/m of CC.

Why Star Tower?

-Star Tower has the best ceiling heights in the market.
Star Tower has floor to ceiling windows, best in market. Gives you so much natural sunlight from southern exposure, feels like outside and inside merge together.

Star Tower has a 15 year tax abatement which saves you almost $1k a month or about $140K of total savings.

LAST luxury condo building with 15 year tax abatement in LIC.

Star Tower is the best combination of quality and price in LIC.

Neighborhood:
Real Estate giant Tishman Speyer recently built the 1.2 million sq. ft. JACX building across the street from Star Tower. This is becoming a landmark commercial center and it’s closeness greatly helps Star Tower from an investment perspective.

https://thejacx.com/

Trader Joe’s just opened up nearby

City Acres Supermarket 1 block away

Koufuku Japanese market 1 block away

train station 2 min walk, midtown in 7 minutes

P.S. 384 Q

After showing, please come back to our sales office at 23D.
We want to hear your feedback and answer all your questions.
Feel free to present your best offer to MeiMei Wei.
You can make this luxury condo your sweet home. It is a great return for your investment .

Here are the steps.

Pick an unit, fill out offer form and have an accepted offer.

Step 1. Send me your lawyer’s info.

Step 2. You should receive a contract in 1-2 days after providing your lawyer’s contact info.  Review the contract with your lawyer and sign. Once ready, prepare a check for 5% of purchase price as deposit. 

Step 3. Once the seller countersigns and your deposit is received, we have executed contract. 

Step 4. Find a lender.  We recommend going to 3 banks to get the best rate.  Loans usually take about 45 days to close plus or minus.  Loan approval is typically what determines the closing date.

Step 5. Once the bank approved the loan, you schedule a punch list to point out anything you want seller to fix it. 

Step 6. Close and enjoy new home!

Look forward to a smooth closing.

Welcome To Star Tower Where You Can Be A Star!

The complete offering terms are in an offering plan available from sponsor File NO. CD170102


"Keep your eyes on the stars, and your feet on the ground" – Theodore Roosevelt (26th US President)


Star Tower Sales Gallery
MeiMei Wei Feast Realty Team
Winzone
C: 718-683-2978
Email: [email protected]

Address: 27-17 42nd Rd Long Island City NY 11101