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Welcome to 163 Crest Avenue, Elmont — a move-in ready, legal two-family home with endless opportunity! Perfectly situated on an 80x88 corner lot, this versatile property offers a rare combination of space, functionality, and long-term value — ideal for homeowners seeking additional income potential or investors looking for strong rental returns in one of Nassau County’s most convenient neighborhoods. The first-floor unit features two spacious bedrooms and two full bathrooms, including a private primary suite, a bright living room with large windows, and a generous dining area perfect for family gatherings or entertaining. The well-kept kitchen offers ample cabinetry and easy access to the backyard. The second-floor unit provides one bedroom and one full bath, with flexible space that can easily convert to a second bedroom or home office — ideal for extended family or rental income. A full basement adds tremendous bonus space with laundry, utilities, and room for storage or recreation. The home will be delivered vacant and is owner-occupied and well maintained, offering a clean slate for its next owner to personalize with minimal updates. Enjoy peace of mind with major mechanical updates already completed. The exterior offers a two-car detached garage, a private driveway, and a fenced yard perfect for outdoor entertaining, gardening, or simply relaxing. The generous lot size offers space and privacy rarely found in the area. Located in a quiet residential pocket near schools, parks, and shopping, yet minutes from major transportation and attractions such as Belmont Park, UBS Arena, and the Cross Island Parkway, this property offers the perfect blend of suburban tranquility and commuter convenience. Whether you’re an owner-occupant seeking multi-generational living or an investor looking for a turnkey rental property, 163 Crest Avenue delivers the comfort, flexibility, and value you’ve been searching for. Don’t miss this rare opportunity to own a spacious, well-maintained duplex in the heart of Elmont. Schedule your private showing today and discover why this home has everything buyers are looking for — location, space, updates, and income potential all in one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,990
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 | $679,992 | $679,992 | $679,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $1,011 | $1,011 | $1,011 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,702 | $4,077 | $5,647 |
| Total Monthly Payment | $4,805 | $5,180 | $6,750 |
* 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.