Located in the highly desirable Kissena / Booth Memorial area of Flushing, this full-brick legal two-family residence offers strong structural integrity, updated systems, and long-term flexibility. Spanning three stories plus a basement, the home provides generous living space in a well-established residential neighborhood known for convenience and strong owner-occupant demand. The second and third floors share identical layouts, each offering three bedrooms, two bathrooms, and a spacious living area with excellent natural light. The first floor features a one-bedroom layout with comfortable living space. The open basement includes a separate exterior entrance, along with newly updated water piping and waterproofing, providing additional functionality and storage flexibility. The property underwent a comprehensive renovation, with major upgrades including a brand-new boiler, updated electrical system, new gas lines, and new plumbing throughout. The roof was replaced and remains in very good condition. The home offers three total parking spaces including driveway and garage parking. Conveniently situated near Kissena Boulevard and Booth Memorial, the property is surrounded by supermarkets, restaurants, parks, and everyday amenities. Public transportation and major roadways are easily accessible, making commuting straightforward. This is a well-updated multi-family opportunity in one of Flushing’s most sought-after residential areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.121% | 5.885% |
| Monthly Tax Payment | $872 | $872 | $872 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,506 | $8,149 | $11,196 |
| Total Monthly Payment | $8,503 | $9,146 | $12,193 |
* 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.