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Move right into this lovely renovated two-family townhouse featuring flexible living space, a finished basement and future expansion potential. A radiant home filled with warm natural light.
This home is configured with two spacious two-bedroom units, each featuring an open-concept living, dining, and kitchen layout with brand-new cabinets, countertops, and hardwood floors.
The main floor unit provides direct access to a private backyard, while the top floor offers the same comfortable two-bedroom layout with generous closet space.
The property also includes a fully finished basement with a separate front entrance, full bathroom, laundry area, and additional access to the backyard, offering versatile extra space.
Added value comes with the location is R6 zoning, over 1500 sq. ft unused buildable FAR, extremely low annual taxes of just $1, 827 and priced under one million, this is a fantastic opportunity for buyers looking for a move-in-ready home with income potential and long-term upside.
Conveniently located near several subway lines providing quick access to Manhattan. Rockaway Ave. A/C line, Broadway Junction, A, C, J, Z and L lines. Large full service supermarket on Atlantic Ave.
An incredible opportunity not to be missed!
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$995,000
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 | $796,000 | $796,000 | $796,000 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,520 | $4,901 | $6,717 |
| Total Monthly Payment | $4,612 | $4,993 | $6,809 |
* 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.