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Presented by
Steven Geiger |
Welcome to 8145 Utopia Parkway, Jamaica Estates, Queens Nestled in the highly desirable Jamaica Estates neighborhood, this classic detached single-family home offers space, flexibility, and a truly exceptional opportunity. Set on an expansive 8, 080 sq ft double lot (including Lot 20, Block 7233), this property represents a rare and highly coveted offering in the area. Double lots in Jamaica Estates are few and far between, making this an outstanding opportunity for end-users, builders, and investors alike. Whether you envision expanding the existing residence, creating a grand custom estate, or maximizing development potential within zoning, the possibilities here are extraordinary. Located in an R1-2 zoning district, the property is designated for single-family detached residences, offering privacy while still allowing for significant enlargement potential (consult architect). The home features 4 bedrooms and 3 full bathrooms, including a convenient first-floor bedroom and full bath—ideal for guests or extended living arrangements. The main level boasts a formal living room with fireplace, an elegant formal dining room, and a bright side sunroom, perfect for relaxing or entertaining. The eat-in kitchen provides ample space for everyday living. Upstairs, you’ll find three generously sized bedrooms, along with a full bathroom featuring a separate shower stall and an en-suite jacuzzi tub, creating a comfortable and functional layout. This is a unique chance to secure a premier oversized parcel in one of Queens’ most prestigious neighborhoods—where space, location, and future potential converge.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,999
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.263.5275
Steven.Geiger@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $1,199,999 | $1,199,999 | $1,199,999 |
| 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% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,019 | $1,019 | $1,019 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,813 | $7,389 | $10,126 |
| Total Monthly Payment | $7,957 | $8,533 | $11,270 |
* 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.