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Quick Facts: Detached Tudor Legal 2 family brick, 2. 5 stories with 5 Bedrooms & 4 Full baths, plus full semifinished basement , first floor sunroom and 2nd floor terrace, detached 2 car garage with private driveway for 2 additional cars and private backyard. Extra large building size of 28 x 47. 5 feet on a 40x100 ft corner lot of the Crescents neighborhood in Rego Park. School District 28. Yearly Taxes of $15, 659. Average good condition with roof and gas heating in good working order. Just Listed and Available for the first time in 75 years, in the very exclusive enclave of the Rego Park Crescents, a very unique and oversized brick detached Tudor Style legal 2 family residence on a large corner lot of a very quiet residential block. The house itself is exceptionally large (28x47. 5 ft of solid brick construction) and features a finished Attic, full semifinished basement, a first floor sunroom, a 2nd floor terrace, a secluded backyard and a detached 2 car garage with private driveway for 2 additional cars. This important home showcases many Tudor architectural accents such as wood burning fireplaces, pitched and multi-gabled roof, brick facade with fieldstone inlays, bathrooms with separate bathtubs and showers, arched doorways, and hardwood floors, amongst others. The two units are a 1st floor 2Br/1FBth with formal dining room spanning over 1, 200 sq/ft and a second floor 3Br/2Fbth with formal dining room, used as duplex with the Attic with over 1, 400 sq/ft. The basement is the full size of the house, semi-finished, with a large recreation room with a bar, a large laundry room, a full bathroom, and an unfinished furnace room. The basement level offers many possibilities to be configured for enjoyment, entertainment, home office, gym and other accessory uses. The gas heating system is in working condition and the pitched roof is also in good condition. The lot is 40x100+ with exposure to all directions, maximizing light, ventilation and curb appeal. This seldom offered real estate opportunity is awaiting a fortunate and qualified buyer with an eye for old world charm who may be seeking to live or invest in one of the top Queens neighborhoods: The Rego Park Crescents. Shown by appointment only to preapproved buyers. Property with all major systems in working condition and sold as is. The 3 photos of the sunroom, basement recreation room and garages have been virtually decluttered and staged, all the other photos represent the property as it actually is.
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Our Executive Mortgage Banker:
$1,899,000
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 | $1,519,200 | $1,519,200 | $1,519,200 |
| 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 | $1,289 | $1,289 | $1,289 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,507 | $9,231 | $12,718 |
| Total Monthly Payment | $9,921 | $10,645 | $14,132 |
* 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.