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Welcome to 27 Center Drive, a rare opportunity to transform and customize a home in one of Queens’ most sought-after and exclusive enclaves. Nestled in the prestigious waterfront community of Malba, this single-family property sits on a generous 65 ×100 ft lot, offering the ideal setting to reimagine and elevate the existing home. The current structure spans 38 × 28 feet and requires a full renovation, presenting the perfect opportunity for a buyer to design a space tailored to their vision. The existing layout includes three bedrooms, a kitchen, living room, dining room, and a full unfinished basement, offering a starting point for reconfiguration or modernization to suit your needs. Malba is a private waterfront community known for its tree-lined streets, low traffic, and beautifully maintained homes. The neighborhood offers a sense of privacy while remaining conveniently close to the Throgs Neck and Whitestone Bridges, Northern Boulevard shopping, and local dining. Opportunities to renovate within Malba are few and far between. For buyers ready to take on a project and create a truly personalized residence, 27 Center Drive offers the chance to bring new life to a home in an exceptional location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,153 | $8,725 | $12,118 |
| Total Monthly Payment | $9,457 | $10,029 | $13,422 |
* 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.