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A rare opportunity in one of Staten Island's most sought-after hilltop locations. 18 Emerson Avenue (100Ã--105 lot) offers breathtaking water views along with exceptional potential for the right buyer. The existing ranch home presents the opportunity to renovate or customize to your vision, with fully approved architectural plans already in place--allowing for a seamless path to build a custom luxury residence. Exceptional Add On: the option to purchase as a package with 119 Coverly Avenue (95Ã--100 lot), creating a rare street-to-street 100Ã--200 property with water views--an opportunity that is truly one of a kind. Whether renovating or building new, this is your chance to create a custom home on one of Staten Island's premier hills. The existing ranch offers spacious interiors, a bright layout, wood-burning fireplace, and finished basement, all set on a quiet block. Ideally positioned for a seamless commute to the city while maintaining a private, suburban feel with a sense of luxury. Approved plans allow for the development of a substantial single-family residence, offering a rare opportunity to bypass the approval process and move directly into construction. Surrounded by high-end homes, this location supports long-term value and the creation of a truly standout property. Prime location, expansive property, and unmatched potential--bring your vision to life.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,499,000
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 | $1,199,200 | $1,199,200 | $1,199,200 |
| 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 | $917 | $917 | $917 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,715 | $7,286 | $10,039 |
| Total Monthly Payment | $7,757 | $8,328 | $11,081 |
* 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.