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Presented by
Team AFA - Darien |
325 E Park Ave, Long Beach, NY – Prime Mixed use Near the Beach Welcome to this exceptional two-family home in the highly sought-after coastal community of Long Beach. Perfectly located at 325 E Park Ave, this property places you just moments from the beach and boardwalk, and within easy walking distance to Long Beach’s vibrant shops, bars, and restaurants. Enjoy the convenience of city living with the relaxed charm of a beachside lifestyle. This well-designed property features a 3-bedroom, 2-bath unit over another 3-bedroom, 2-bath unit, offering a versatile layout ideal for a variety of buyers. Each unit includes a primary bedroom with its own en-suite bathroom, providing added comfort and privacy. The basement is semi-below grade and spans the full footprint of the home. It is currently set up as a doctor’s office and features two separate outside entrances, offering incredible flexibility. This expansive space could potentially be converted into additional living space, a professional workspace, recreation area, or customized to fit your needs. Multiple balconies throughout the home allow you to take in beautiful neighborhood views and some of the best sunsets in Long Beach, creating the perfect setting to relax and unwind after a day at the beach. With its flexible layout and prime location, this property presents an excellent opportunity for investors, potential Airbnb use, or multi-generational living. Whether you're looking to generate rental income, host short-term guests, or create a home that accommodates extended family, 325 E Park Ave offers endless possibilities in one of Long Beach’s most desirable locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,466 | $1,466 | $1,466 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,173 | $8,873 | $12,290 |
| Total Monthly Payment | $9,764 | $10,464 | $13,881 |
* 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.