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Presented by
Anne Marie Pagli |
43-24 208th Street, Bayside, NY, 11361 | $3,688,000
Welcome to a rare and exceptional investment opportunity in one of the most desirable areas of Bayside. This classic Tudor-style brick garden complex features 12 (10 rent-stabilized 2 free market) one-bedroom, one-bath units—fully leased to busy professionals who appreciate the convenience of excellent transportation options and proximity to Bayside’s vibrant shopping and dining scene. Situated on an 80x100 lot, the property offers nearly 10, 000 square feet of living space and generates a gross annual income of over $260, 000. Recent upgrades include new roof and electrical system. Located near Bell Boulevard and Northern Boulevard, residents enjoy easy access to a wide array of shops, restaurants, and supermarkets. The complex is within walking distance of the Bayside LIRR station and close to several major bus routes, including the QM3 express and Q12, Q13, and Q31 lines. Located in a top-rated school district, it’s just a short walk to the highly regarded PS 31 and MS 158. Easy to attract qualified tenants. Can't miss investment.
Features
- Bedrooms: 12
- Baths: 12 full
- Laundry: Common Area, In Basement
- Style: Tudor
- Year Built: 1932
- Heating: Hot Air, Hot Water, Oil
- Cooling: Wall/Window Unit(s)
- Basement: Finished, Full
- Acreage: 0.18
- Est. Taxes: $71,394
- Elem. School: Ps 31 Bayside
- Middle School: Ms 158 Marie Curie
- High School: Bayside High School
- School District: Community District 26
- MLS#: 926089
- Days on Market: 21 days
- Website: https://www.raveis.com
/eprop/926089/4324208thstreet_bayside_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Anne Marie PagliSales Associate
203.687.7702
AnneMarie.Pagli@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Kevin DeTullioVP, Mortgage Banker / Production Manager, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1724767
203.305.5736
Kevin.DeTullio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
43-24 208th Street, Bayside, NY, 11361
$3,688,000
Anne Marie Pagli
Sales Associate
William Raveis Real Estate
Phone: 203.687.7702
AnneMarie.Pagli@Raveis.com
Kevin DeTullio
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $2,950,400 | $2,950,400 | $2,950,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $5,950 | $5,950 | $5,950 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,065 | $17,453 | $24,303 |
| Total Monthly Payment | $22,140 | $23,528 | $30,378 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535