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Exceptional opportunity to own a spacious semi-detached brick legal two-family home in the highly desirable neighborhood of Middle Village. This well-maintained property offers an ideal layout with a 3-bedroom, 1-bath unit over a 2-bedroom, 1-bath unit, making it perfect for end-users seeking additional rental income or investors looking for strong long-term value. The home showcases impressive high ceilings, abundant natural light, and skylights on the second floor, creating a bright and airy living environment. A full unfinished basement with both front and rear access provides tremendous potential for additional living space, storage, or customization to suit your needs. A standout feature of this property is the rare detached three-car solid concrete/block garage located at the rear—ideal for multiple vehicles, contractor use, storage, or a private workspace. Conveniently situated near public transportation, shopping, dining, schools, and the beautiful Juniper Valley Park, offering the perfect balance of comfort and accessibility. Property will be delivered vacant at closing, providing maximum flexibility for occupancy or rental setup. With low annual property taxes of just $6, 563, this is a truly outstanding value. Don’t miss the chance to own this versatile and income-producing property in one of Queens’ most sought-after neighborhoods!
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Our Executive Mortgage Banker:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
| 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 | $548 | $548 | $548 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,371 | $5,828 | $8,030 |
| Total Monthly Payment | $6,044 | $6,501 | $8,703 |
* 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.