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Presented by
Michael Gordon |
Opportunity knocks in one of Southeast Queens’ most connected and rapidly appreciating neighborhoods! Welcome to this spacious, fully functional 2-family home in Laurelton, thoughtfully laid out for multi-generational living, savvy investors, or homeowners looking to generate passive income while enjoying the comfort of their own space. This solid property features two legal residential units, each offering generously sized bedrooms, open living/dining layouts, full kitchens, and large windows that flood the space with natural light. As a major bonus, the walk-in basement includes an accessory unit with its own private entrance – ideal for extended family, or guests. Set on a quiet residential block but still just 3 blocks from bustling Merrick Boulevard, you’re truly in the middle of it all. Walk to grocery stores, restaurants, bakeries, beauty salons, banks, delis, pharmacies – everything you need is right at your fingertips. Whether it’s morning errands or a quick bite after work, life is simply easier here. Commuters and travelers will love the access: Just 3 blocks from the Belt Parkway, giving you direct, quick routes into Manhattan or out to Long Island and JFK Airport. Laurelton LIRR Station, the Q5 and Q85 buses, and local highways are also within easy reach, making this a strategic hub for work and play. Additional features include: Private backyard with space for outdoor entertaining or gardening Private driveway and street parking availability Well-maintained exterior with strong curb appeal Multiple potential configurations for owner-occupancy or full rental Whether you’re looking to live in one unit and offset your mortgage with rental income, create a compound, or capitalize on the strong demand for rentals in this high-growth area, this home offers maximum flexibility and long-term value. Don’t miss this rare chance to secure a multi-family home in one of Queens’ most sought-after locations – with the space, location, and setup you’ve been waiting for.
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.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
Sales Associate
William Raveis Real Estate
Phone: 212.753.3111
Michael.Gordon@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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 | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $580 | $580 | $580 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,799 | $5,296 | $7,456 |
| Total Monthly Payment | $5,504 | $6,001 | $8,161 |
* 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.