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Opportunities like this are few and far between. This rarely available, detached two-family home sits on an impressive 50x100 lot with a generous 28x40 building footprint, perfectly blending the privacy of a single-family residence with excellent investment potential. Both of the large, completely remodeled apartments feature their own private entrances, offering a seamless layout that accommodates multi-generational living or lucrative rental income without compromising on privacy. The first floor unit offers a spacious and thoughtfully designed layout featuring an inviting living room, a formal dining room, and a sun-drenched sunroom, all anchored by a beautifully renovated, oversized eat-in kitchen with a separate dinette. This floor includes two bedrooms and one and a half bathrooms, along with direct access to a private deck and an expansive backyard that is perfect for entertaining. For added flexibility, this unit can be combined with or rented alongside a massive, unfinished basement that already includes a full bathroom and endless possibilities for customization. The upper levels offer an abundance of additional living space. The bright second-floor apartment features a comfortable living room, a functional eat-in kitchen, three bedrooms, and a full bathroom. Just above, the third floor expands the home's footprint significantly with a massive family room that can easily serve as an extra bedroom, alongside another dedicated bedroom and a full bathroom. Complete with a private driveway, a relaxing deck, and a sprawling backyard, the property feels like an escape from the city while keeping you incredibly connected. Situated just a short walk from the E, F, and R subway lines, the LIRR, local buses, vibrant neighborhood shopping, top-rated P. S. 99, and houses of worship, this turnkey property is a perfect match for both discerning end-users and savvy investors.
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Our Executive Mortgage Banker:
$1,788,000
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 |
|
|---|---|---|---|
| Loan Amount | $1,430,400 | $1,430,400 | $1,430,400 |
| 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 | $1,206 | $1,206 | $1,206 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,010 | $8,691 | $11,974 |
| Total Monthly Payment | $9,341 | $10,022 | $13,305 |
* 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.