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66-17 Clinton Avenue, Maspeth, Queens Brand New Construction • Never Lived In • 2-Family with 4-Income Potential • Private Driveway + Garage Positive Cash Flow Opportunity - $13, 000 Monthly/ $156, 000 Annually Welcome to 66-17 Clinton Avenue, a rare opportunity to own a brand-new, never-lived-in multi-family property in the heart of Maspeth. This spacious three-story home with a full basement is a legal two-family offering extraordinary flexibility and the potential for up to four income-producing units—perfect for investors or end-users seeking additional revenue. This property generates a positive cash flow! Call for details. Each floor features two full bathrooms, providing exceptional convenience and privacy. Every unit comes equipped with its own dedicated boiler and hot water heater, ensuring independent utilities and efficient maintenance—an ideal setup for multi-tenant living and multi unit investing! Enjoy the convenience of a private driveway, one-car garage, and space for multiple additional vehicles—a rare and super desirable feature in Queens. Located in a highly connected neighborhood, this property offers easy access to Manhattan, as well as nearby public transportation and major highways, making commuting simple and efficient. Property Highlights: - Brand new construction — never lived in - Three stories + full basement - 4 income potential - Separate boilers and hot water heaters for each unit; easy management - Private driveway + one-car garage; Multiple-car parking capacity - Convenient access to Manhattan, public transit, and highways - Minutes walk to super markets, retail shopping, great restaurants and malls - Great schools nearby A modern, well-built home with exceptional income potential and commuter convenience, 66-17 Clinton Avenue is a must-see for buyers seeking value, quality, and opportunity. Call today to schedule your private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,998,888
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 | $1,599,110 | $1,599,110 | $1,599,110 |
| 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 | $178 | $178 | $178 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,707 | $9,587 | $13,279 |
| Total Monthly Payment | $9,010 | $9,890 | $13,582 |
* 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.