|
Presented by
The Kerwar Team |
10-33 Burton Street, Beechhurst, NY, 11357 | $1,425,000
Rare shovel-ready development opportunity in the highly desirable Whitestone/Flushing area. Situated on a prominent corner lot measuring 46. 17' x 100' (4, 881. 5 SF) and zoned R2A, this property is being sold with approved DOB plans for a new custom-built single-family residence. The existing structure has already been demolished, and foundation work has been partially completed, allowing the next owner to significantly reduce the time, cost, and uncertainty associated with the development process. Approved plans call for approximately 3, 638 square feet of living space and basement, featuring 3 bedrooms, spacious living and dining areas, a family room, garage parking, recreation space, and multiple outdoor balcony areas. A unique feature of the approved design is its corner orientation, with the front façade facing 12th Avenue and the western side elevation facing Burton Street, providing excellent street presence, enhanced natural light, and an attractive architectural layout. This is an exceptional opportunity for builders, developers, investors, or end-users seeking to complete a custom residence in one of Queens' most desirable residential neighborhoods. Conveniently located near schools, shopping, restaurants, parks, major roadways, and public transportation. Approved plans available upon request. Buyers are encouraged to perform their own due diligence regarding permits, approvals, and construction status.
Features
- Elem. School: Ps 193 Alfred J Kennedy
- Middle School: Jhs 194 William Carr
- High School: Flushing High School
- School District: Community District 25
- MLS#: 921474
- Days on Market: 228 days
- Website: https://www.raveis.com
/prop/921474/1033burtonstreet_beechhurst_ny?source=qrflyer
William Raveis Family of Services
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.
The Kerwar TeamSales Associates
914.469.9737
TheKerwarTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 24240
914.494.1459
Vincent.DiMella@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartRegional Sales Manager, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10-33 Burton Street, Beechhurst, NY, 11357
$1,425,000
The Kerwar Team
Sales Associates
William Raveis Real Estate
Phone: 914.469.9737
TheKerwarTeam@raveis.com
Vincent DiMella
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,140,000 | $1,140,000 | $1,140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,473 | $6,835 | $9,620 |
| Total Monthly Payment | $6,598 | $6,960 | $9,745 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535