42-28 159th Street, Flushing, NY, 11358 | $1,849,000

Can be delivered vacant!! Amazing opportunity to own a fully detached large two-family home on 40x100 lot in a prime Flushing location. This well maintained two- story property plus a high- ceiling attic with windows, offering comfortable space and its own private entrance. The second floor offers 4 bedrooms, a living room, formal dining room, kitchen, and one full bathroom. The first-floor features 3 bedrooms, a spacious living room, a formal dining room, kitchen and a one full bathroom. The fully finished basement with a separate entrance is ideal for extended living or recreation. Additional highlights include a two-car garage, a private driveway that accommodates up to five vehicles, and a private backyard. Conveniently located just steps from bus transportation to Downtown Flushing and Main Street, with easy access to the 7 train and multiple bus lines throughout Queens.

Features

  • Bedrooms: 7
  • Baths: 4 full
  • Style: Duplex
  • Year Built: 1928
  • Garage: 2-car
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.09
  • Est. Taxes: $10,298
  • Elem. School: Ps 22 Thomas Jefferson
  • Middle School: Jhs 189 Daniel Carter Beard
  • High School: Flushing High School
  • School District: Community District 25
  • MLS#: 958268
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /eprop/958268/4228159thstreet_flushing_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Landmark II   Phone: 347-846-1200

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

42-28 159th Street, Flushing, NY, 11358

$1,849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,479,200 $1,479,200 $1,479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $858 $858 $858
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,283 $8,988 $12,383
Total Monthly Payment $9,266 $9,971 $13,366

* 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.