Introducing a distinguished 2005 custom-built mixed-use facility spanning 7, 850SF, masterfully blending commercial and residential spaces. The expansive 3, 140SF ground floor, bathed in natural light, is currently configured as a premium medical office, showcasing the property's adaptability for various professional requirements. The second and third levels each house meticulously designed residential units, complete with 3 bedrooms and 2 bathrooms. The fourth tier offers two architecturally crafted duplex residences, each equipped with 2 bedrooms and 2 bathrooms, signifying luxury in urban living. Additionally, a 540SF basement provides potential for further customization or storage solutions. Perfectly situated, the property is in proximity to an array of transport links, including the Q28/13, Q15/15A bus routes, LIRR Murray Hill station, and main subway lines, ensuring ease of accessibility. Prime shopping districts are also within reach, further enhancing its location. Nested in the renowned School District #25, prospective residents have access to PS 21 Elementary, JHS Bleeker Middle, and Flushing High School. This offering represents a prime investment opportunity, encapsulating commercial prowess and residential luxury in a strategic locale. Secure a cornerstone asset in a dynamic urban landscape. Basement provides additional space for rental.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,640,000 | $2,640,000 | $2,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $6,430 | $6,430 | $6,430 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,990 | $16,255 | $21,923 |
Total Monthly Payment | $21,545 | $22,810 | $28,478 |
* 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.