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Oversized Two-Family 6 Bed | 3 Baths Home on 43 x 100 Lot – Prime Rego Park Location Exceptional investment opportunity or ideal property for end-users seeking rental income in one of Rego Park’s most desirable residential areas. Situated on an expansive 43 x 100 lot, this oversized two-family residence offers generous interior space, flexible layouts, and strong long-term value. First Level: -3 Bedrooms -1 Full Bathroom -Open layout kitchen -Formal dining area -Spacious living room with fireplace -Direct access to private backyard Finished Basement: -Bonus room -Full bathroom -Additional living space -Separate access to the yard Second Floor Unit: -3 Bedrooms -1 Full Bathroom -Dining Area -Washer & dryer -Ideal for rental income or extended family living Additional Details: -Building Size: 26 x 50 -Lot Size: 43 x 100 -Annual Property Taxes: $16, 500 -Attached Garage Offering a total of 6 bedrooms and 3 full bathrooms, this well-proportioned property provides excellent square footage, a rare wide lot, private outdoor space, and strong income-producing potential — all in a prime location close to transportation, shopping, schools, and major highways. A rare opportunity to secure a substantial two-family home in the heart of Rego Park.
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Our Executive Mortgage Banker:
$1,629,000
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 | $1,303,200 | $1,303,200 | $1,303,200 |
| 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 | $1,375 | $1,375 | $1,375 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,298 | $7,918 | $10,909 |
| Total Monthly Payment | $8,798 | $9,418 | $12,409 |
* 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.