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Prime Malba Development Opportunity | Approved Subdivision & Unobstructed Waterviews Location: 2-07 Parsons Blvd Malba, NY 11357 Lot Size: 5, 500 SF Buildable Lot Views: Open Panoramic Water & Bridge Views Status: Newly Approved DOF Subdivision | Architect-Reviewed Proposed Site Analysis Plan Bring Your Vision to Life in Queens’ Most Exclusive Enclave Rarely does an opportunity of this caliber present itself in the prestigious, gated-atmosphere community of Malba . This newly approved Department of Finance subdividable lot offers a blank canvas to build your ultra-luxury "Forever Dream Home" Unmatched Panoramic Vistas Positioned perfectly to capture unobstructed, sweeping water and bridge views, the lot is optimized for high-end architectural design . Enjoy breathtaking sunrises and sunsets from your future interior living spaces, sprawling exterior terraces, and a custom rooftop deck . Streamlined & Ready for Construction • Approved Subdivision: Fully recognized and processed by the Department of Finance . • Architect-Reviewed: Evaluated for maximum zoning capability and optimal view orientation • Design-Ready: Skip the lengthy initial boundary hurdles and head straight into your custom interior and exterior design details. This is a highly coveted asset in a neighborhood known for its multi-million dollar estates, privacy, and waterfront security . Bring your architect and your luxury lifestyle demands to one of the last remaining premium view lots in the area. This rare development piece will not last!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,388,000
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 | $1,110,400 | $1,110,400 | $1,110,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,305 | $6,837 | $9,370 |
| Total Monthly Payment | $6,430 | $6,962 | $9,495 |
* 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.