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Exceptional opportunity to own a spacious corner property in the highly desirable Auburndale section of Queens! Situated on an oversized 46' x 99' lot with R4 zoning, this versatile 2-family style home offers outstanding potential for end-users, investors, or buyers seeking long-term value in a prime Northeast Queens location. Filled with beautiful natural sunlight throughout, this spacious 2. 5-story home features 4 bedrooms, 3 bathrooms, 2 kitchens, a finished attic, finished basement, detached 2-car garage, and a separate private entrance to the second-floor apartment for added convenience and flexibility. Large windows throughout the home create a bright and airy atmosphere. The property is also equipped with 6 GREE heating and cooling units, offering efficient year-round comfort while allowing heating and air conditioning usage to remain separated by electric meter — an added benefit for flexibility, convenience, and utility management. The oversized corner lot provides exciting possibilities for future expansion with proper plans and permits, potential community facility use, or the opportunity to simply enjoy the property in its current configuration. Ideally located near the LIRR Auburndale Station, MTA local and express buses, major highways, shopping, supermarkets, parks, public and private schools, medical facilities, restaurants, places of worship, and more — offering convenience, accessibility, and strong neighborhood appeal. A rare chance to acquire a substantial property with excellent space, versatility, natural light, and future potential in one of Queens’ most desirable residential neighborhoods. Opportunities like this are hard to find. Hurry for this one, won't last! : )
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Our Executive Mortgage Banker:
$1,699,000
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 | $1,359,200 | $1,359,200 | $1,359,200 |
| 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 | $836 | $836 | $836 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,717 | $8,369 | $11,470 |
| Total Monthly Payment | $8,678 | $9,330 | $12,431 |
* 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.