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Welcome to 89-48 134th Street, a Beautiful and Spacious, New Two-Family Home! This stunning residence is ideally located in the heart of Richmond Hill, Queens—just two blocks from Jamaica Hospital and the E train station, with nearby bus lines including the Q20, Q60, Q54, and Q56 for easy commuting and accessibility. Offering approximately 2, 752 sq ft of living space above grade—1, 376 sq ft per floor—plus a full, finished basement, this home provides abundant space for comfortable living. Each of the first and second floors features 4 generously sized bedrooms, 2 full bathrooms, a bright living/dining area, and a full kitchen, making it ideal for large families or those seeking excellent rental income potential. The exterior showcases a modern, durable façade with Brick Front, clean siding and striking curb appeal. Inside, you’ll find hardwood floors throughout, elegantly tiled bathrooms, and central air for year-round comfort and efficiency. The fully finished basement offers high ceilings, ample natural light, and plenty of versatile space. A private driveway and 1-car garage at the rear provide convenient off-street parking. Perfectly positioned near shopping, dining, schools, and houses of worship, this property combines modern living with unbeatable convenience. The location makes this property a prime income-producing opportunity, attracting reliable long-term tenants such as hospital staff and professionals seeking proximity to major transit and employment centers. Don’t miss your chance to own this spacious and versatile two-family home in one of Queens’ most desirable and connected neighborhoods!
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Our Executive Mortgage Banker:
$1,689,000
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 | $1,351,200 | $1,351,200 | $1,351,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $543 | $543 | $543 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,672 | $8,210 | $11,402 |
| Total Monthly Payment | $8,340 | $8,878 | $12,070 |
* 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.