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Welcome to 32-54 81st Street, a rarely available fully detached brick 2-family home with private parking in the highly sought-after neighborhood of Jackson Heights. Located in R4 zoning with a commercial overlay, the property sits on a 31. 5 x 100 lot (including an adjacent lot) and a building size of 20 x 63 spanning over 2, 500 square feet of living space. This property offers exceptional space, flexibility, and long-term value. The top floor features a front-facing king-size bedroom, two additional bedrooms, a full windowed bathroom, a spacious eat-in kitchen with walk-in pantry, and an open living and dining area with an electric fireplace. An interior staircase connects both levels, adding convenience and versatility. The first floor features a similar layout and is currently occupied by a long term, reliable tenant since 2019 on a month-to-month basis, offering immediate rental income with future flexibility. This level also features a front-facing bedroom with a private front entry, while the remainder of the apartment, currently configured as a 3-bedroom layout, has its own outside seperate entrance (OSE) that also connects to the interior staircase. The expansive lower level, also accessible via the outside separate entrance (OSE), is thoughtfully designed with distinct front and rear recreational zones. The front area is fully open, offering a flexible blank canvas, while the rear section features a functional recreation area with a full bath and wet bar. Outside, the property includes a utility shed and a shared driveway that leads to the rear of the property, providing highly coveted, accessible private parking spaces in the backyard. Ideally located less than 1 block from Northern Boulevard, the home offers convenient access to the Grand Central Parkway, I-278, and I-678. Quick access to the 7-train station is available nearby with easy transfer to the E, F, M & R lines providing seamless commuting to Manhattan and beyond. As for schools, I. S. 145 Joseph Pulitzer 8 blocks away, and P. S. 148 is just 3 blocks away. For added outdoor enjoyment, popular Travers Park is only 3 blocks away! You're also just minutes from vibrant shops, cafes, restaurants and everyday convenience that makes Jackson Heights one of Queens' most desirable communities. This two- family home presents a rare opportunity for both investors and first-time homebuyers in one of New York City's most resilient and in-demand markets.
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Our Executive Mortgage Banker:
$1,449,000
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 | $1,159,200 | $1,159,200 | $1,159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $993 | $993 | $993 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,401 | $6,950 | $9,626 |
| Total Monthly Payment | $7,519 | $8,068 | $10,744 |
* 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.