10615 Guy R Brewer Boulevard, Jamaica, NY, 11433 | $1,150,000

Mixed-use property featuring two residential units on the 2nd and 3rd floors, each configured as a 2-bedroom apartment with an additional office space, available to use as a 3-bedroom. Plus one commercial store space on the 1st floor with approximately 1, 000 SF of storefront. The full, unfinished basement has access to the backyard. Ideal for owner-users or investors seeking stable mixed-use income. The ground-floor commercial space is suitable for neighborhood-serving retail and personal service uses, subject to approvals. This property presents a practical opportunity for buyers seeking a mixed-use asset with residential stability and flexible ground-floor commercial potential. Situated on Guy R. Brewer Boulevard in Jamaica, Queens, the property offers street exposure along a main thoroughfare and convenient access to public transportation, such as the E/J/Z trains and the LIRR. Close to the busiest commercial center in Jamaica, near the college and surrounding residential communities.

Features

  • Property Type: Mixed Use
  • Construction: Brick
  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected
  • Levels: 3
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Units: 3
  • Year Built: 1931
  • Acreage: 0.05
  • Est. Taxes: $3,754
  • MLS#: 965913
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/965913/10615guyrbrewerboulevard_jamaica_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 R New York   Phone: 212-688-1000

William Raveis Family of Services

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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
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10615 Guy R Brewer Boulevard, Jamaica, NY, 11433

$1,150,000

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 $920,000 $920,000 $920,000
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% 5.689%
Monthly Tax Payment $313 $313 $313
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,080 $5,442 $7,578
Total Monthly Payment $5,518 $5,880 $8,016

* 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.