Renovated Brick 4 Family w/ Backyard! This 4 Family is an investor's dream and has been impeccably renovated from top to bottom with all high-end materials and finishes. The building's slate grey brick exterior is a beauty, combining completely modernized finishes with sophisticated design. Great location! 1 block from all shopping, bars & restaurants on Myrtle Ave; a short walk to Atlas Park Mall. Easy access to the Jackie Robinson Pkwy; less than 10 min drive to Long Island Expwy into the city; 8 min drive to Queens Center Mall. Features include: - Four apartments - 10 Box bedrooms plus additional recreational spaces - 4 full bathrooms, 6 half baths - Two apartments on each floor - First-floor units duplex down into basement w/ 9 ft high ceilings - Newly installed hardwood oak floors - Each kitchen is equipped with stainless steel appliances - New recessed lighting throughout - New high-end split A/C systems in each unit - Separate hot water tanks for each unit - Backyard w/ generous rear garden Other Features: New heating system, plumbing, electric, hot water heaters, appliances and roof were installed 4 yrs ago. New skylight, A/C & heat units also installed 4 yrs ago. Brick fa?ade repointed and all renovations done 4 yrs ago. Coin-operated laundry machines for common use in basement. Lot: 25 x 100 ft Building: 25 x 63 ft Zoning: R5B FAR: 1. 35; Max FAR: 2 Taxes: $8, 300/Yr Great Opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,685,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,348,000 | $1,348,000 | $1,348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $692 | $692 | $692 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,191 | $8,855 | $11,835 |
Total Monthly Payment | $9,008 | $9,672 | $12,652 |
* 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.