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Excellent opportunity to own a two-family home located on the desirable Glendale–Ridgewood border. 1920's architecture features, renovated in 2026 , this property offers approximately 1, 880 square feet of living space on a 20 x 94. 58 lot with R5B zoning, making it ideal for both end-users and investors. Each unit has its own separate utilities. New Navien tankless combi boiler unit for heat and hot water. Configured as a 2-bedroom, 1-bathroom unit over a 2-bedroom, 1-bathroom unit, the home also features an unfinished basement with additional storage and potential. Both units have been updated with renovated kitchens, modern bathrooms, and new flooring. Select rooms showcase original embossed decorative ceilings, adding charm and character, while high ceilings and abundant natural light enhance the overall living experience. The property includes a spacious backyard with a combination of pavers and green space, perfect for outdoor use. Conveniently located just minutes from the Jackie Robinson Parkway and approximately 2 minutes to Woodhaven Boulevard, with easy access to major thoroughfares. Just a few blocks from Myrtle Avenue’s shopping, dining, and everyday conveniences, and only minutes to Forest Park, offering expansive recreational space. Prime location with strong investment potential in a sought-after Queens neighborhood.
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Our Executive Mortgage Banker:
$1,050,000
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 | $840,000 | $840,000 | $840,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | $580 | $580 | $580 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $5,172 | $7,088 |
| Total Monthly Payment | $5,474 | $5,877 | $7,793 |
* 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.