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SHOWING BY APPONTMENT ONLY. Unlock the potential of this Legal 3-family home in one of Astoria's most sought-after neighborhoods. This three-story building offers incredible value and versatility with three separate units, two entrances, and a private backyard - perfect for investors or end-users looking to create their dream space. The first walk in unit has a separate entrance and consists of a one bedroom, one bathroom. There is space for a greenhouse or extension and a large backyard. The units on the 2nd and 3rd floor have their own entrance. The 2nd floor is set up as a one bedroom and top floor can be customized as one bedroom plus home office. Bring your architect! Customize this space as you desire as this home will require some TLC. There is an approximate 1000 Sq Feet that can be added to this property, but always confirm with your architect! While the property needs some TLC, this is a legal 3 family in an unbeatable location make it a true diamond in the rough. Just moments from the Astoria Ferry, N/W trains at 30th Avenue , and all the dining, shopping, and culture that make Astoria a beloved Queens destination. Whether you're looking to renovate and rent, live in one unit while collecting income from the others, or develop further - this is a rare opportunity you don't want to miss. Property can be delivered vacant. Don't miss this chance to own a multi-family in a thriving and growing community! Lot Size: 16. 5 X 95 Building Size: 16 X 45 Sq Footage as Built: 1, 920 FAR: 3, 136
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Our Executive Mortgage Banker:
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$1,175,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $940,000 | $940,000 | $940,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.294% | 6.133% | 6.058% |
| Monthly Tax Payment | $471 | $471 | $471 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,191 | $5,636 | $7,869 |
| Total Monthly Payment | $5,787 | $6,232 | $8,465 |
* 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.