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Welcome to 31-71 32nd Street — a fully detached two-family home in the heart of Astoria, one of NYC’s most vibrant and sought-after neighborhoods. This rare offering blends comfort, versatility, and an unbeatable location just steps from everything that makes Astoria special. The home features two spacious two-bedroom apartments, each filled with natural light and thoughtful layouts. The second-floor unit includes an additional bonus room—perfect for a home office, guest space, or creative studio. A full finished basement offers additional space for recreation, storage, or extended living needs, and is conveniently accessible from both the first-floor hallway and the rear of the property, providing easy entry from inside or out. The backyard is beautifully maintained and ideal for outdoor entertaining or relaxation. Location is everything—and here, you're just one block from the N/W subway and less than half a mile to the Steinway M/R trains, offering seamless access to Manhattan and beyond. Zoned R6B, the property offers over 5, 000 square feet of buildable potential—making it not only a comfortable home or strong investment, but also an excellent opportunity for future expansion or development. Whether you’re looking to live in one unit and rent the other, maximize rental income, or explore building new, this fully detached home delivers exceptional flexibility and long-term value in a prime Astoria location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $812 | $812 | $812 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,500 | $6,064 | $8,491 |
| Total Monthly Payment | $6,437 | $7,001 | $9,428 |
* 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.