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Welcome to 63-01 Borden Avenue, a well-positioned fully vacant corner two-family home in the heart of Maspeth, directly alongside Frank Principe Park and nearby green space. This home offers a strong combination of outdoor living and convenient access to the city. The property features two thoughtfully laid-out units with bright, sun-filled interiors. The first floor offers a 1-bedroom, 1-bathroom layout, while the second floor includes 2 bedrooms and 1 bathroom. Each unit has a spacious eat-in kitchen, a comfortable living area, and excellent natural light throughout, creating an open, airy feel. A standout feature is the expansive outdoor space. The home offers two large balconies, a private backyard, and a wraparound garden, ideal for entertaining, relaxing, or everyday use. Additional highlights include garage parking, a prime location just off the Long Island Expressway (I-495) for an easy commute to Manhattan or Long Island, and close proximity to the shops, cafés, and restaurants along Grand Avenue and 69th Street. The Q67 bus is also just a block away at Borden Avenue and Hull Avenue, making transportation straightforward. 63-01 Borden Avenue presents an opportunity to own a versatile two-family home in a well-connected residential setting with immediate access to parks, transit, and everyday conveniences.
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Our Executive Mortgage Banker:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $746 | $746 | $746 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,224 | $5,516 | $7,763 |
| Total Monthly Payment | $6,095 | $6,387 | $8,634 |
* 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.