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Elegance and style meet comfort and convenience in this stunning, custom-renovated, legal three-family home in the heart of Astoria's Ditmars-Steinway neighborhood. Whether you are an investor looking to build or add to your portfolio, or an end user looking for a home with income-generating capacity, look no further. This home is one of the only legal three-family units on this particular block, making it a prime investment opportunity. The first floor unit (1, 500 square feet) and basement (830 square feet) have been combined into a duplex that offers the space and finishes of a true house. This unit boasts three bedrooms, two full bathrooms and two kitchens with a dishwasher/washer-dryer combo spread among two floors. There is a separate entrance to the basement from the front patio, which also affords a private outdoor space that can be used as a garden or sitting area. The first floor features three bedrooms, a living room, a full bathroom with oversized tub and jets and heated floors. The kitchen includes custom-built shaker cabinets, quartzite countertops, built-in GE stainless steel appliances (including a dishwasher), microwave drawer and pot filler. Each closet has been custom-built to provide ample storage space. The basement level includes an additional living room/den, dining area (which can also be used as a bedroom), kitchen, a full bathroom with heated floors and customized tile and a washer/dryer. The kitchen features quartzite countertops, a pot filler and a microwave drawer. The duplex unit also has its own Mitsubishi split heating/cooling system in the basement in addition to central air conditioning on the first floor and throughout the rest of the house. The two second-floor units (668 and 511 square feet, respectively) each boast one bedroom and one bathroom and are subject to the same meticulous craftsmanship as the duplex. Both apartments feature an open-kitchen concept with stainless steel appliances, modern shaker cabinets and granite and quartzite countertops and hand-crafted chair railing and molding. Each unit also features oak flooring throughout as well as central air conditioning and heat with separate thermostats. The larger of the units boasts fully customized closets and storage space that can easily accommodate several seasons worth of clothes. In addition to the cosmetic renovations, this home's brick facade has been entirely redone, in addition to the courtyard pavers and the front exterior staircase. Each unit features brand new, double hung Anderson windows. There is also an indoor, two-car garage with capacity for two additional outdoor parking spaces via a party driveway. This home is centrally located off of Ditmars Boulevard and is in close proximity to shopping, restaurants, nightlife and the N/W train on 31st street, as well as the Q-31/Q-31A buses. It is also situated on the highly coveted block of historic townhouses, a location offering serenity while being a mere stone's throw away from all of Astoria's offerings.
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Our Executive Mortgage Banker:
$2,299,999
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 | $1,839,999 | $1,839,999 | $1,839,999 |
| 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 | $1,099 | $1,099 | $1,099 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,303 | $11,180 | $15,403 |
| Total Monthly Payment | $11,527 | $12,404 | $16,627 |
* 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.