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Rarely available semi-detached all brick legal 3 family in prime location of Jackson Heights 11372. Featuring three levels (not including bsmt), 6 bedrooms (2 over 2 over 2), 3 bathrooms, finished basement, shared driveway, detached 2-car garage, and much more. Building size of 17 x 40 makes for generous living space on every floor. There is an added bonus with a working elevator in front of the home. All units are in good condition and the bldg. has been well maintained throughout the years. Building is currently occupied and being sold with good standing tenants. All tenants are on month-to-month leases and up to date with rent. Top floor currently paying $2, 200/mo, second floor paying $2, 000/mo, and first floor paying $2, 200/mo. Located just 1 block from trendy 37th Ave, 3 blocks from bustling Junction Blvd, 4 blocks from Food Bazaar grocery store, and 5 blocks from the subway station at 90 St - Elmhurst Av (7 line). Also just 3 blocks to Northern Blvd which provides easy access to Grand Central Pkwy, I-278, and I-678. Also near Flushing Meadows Corona Park. A rarely seen 3 family in one of the most trendy and highly sought after neighborhoods of New York City! Jackson Heights has a proven track record of rent and home price appreciation which makes this a high value opportunity with tons of upside.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,449,000
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 | $1,159,200 | $1,159,200 | $1,159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | $706 | $706 | $706 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,401 | $6,857 | $9,549 |
| Total Monthly Payment | $7,232 | $7,688 | $10,380 |
* 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.