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Located in the center of Nyack, this well-maintained two-family home offers exceptional opportunity for both investors and owner-occupants alike. Each unit features an identical layout with 2 spacious bedrooms and 1 full bathroom, providing comfortable and functional living spaces. Situated on a desirable corner lot, the property boasts a large, fully fenced backyard—perfect for entertaining, outdoor enjoyment, or added privacy. A generous driveway that fits 6+ cars and offers ample off-street parking. Recent updates include 2 new boilers, 2 new hot water heaters, and a newly renovated 2nd floor unit with newer stainless steel appliances. Both units feature crown molding, original hard wood flooring, eat-in-kitchens and a wood burning fireplace! Both units are sun drenched with front facing sunrooms that allow natural light to flow into the living rooms. The walk-out basement is complete with a separate entrance and impressive ceiling height, presents incredible potential for expansion into a triplex or additional living space—ideal for maximizing rental income or creating a versatile multi-generational setup. Utilities are separated and metered for each respective unit. Conveniently located near Nyack’s vibrant downtown, shops, restaurants, and transportation, this property is truly in the center of it all. Tucked away the home is on a tranquil street that is off the beat and path. Just a hop, skip and jump away from the I-87 Thruway and Tappan Zee Bridge, this home is an ideal location for renters commuting to and from NYC. A rare find with endless income and development potential—don’t miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,198 | $1,198 | $1,198 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,692 |
| Total Monthly Payment | $5,098 | $5,422 | $6,982 |
* 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.