117 Malba Drive, Queens (Malba), NY, 11357 | $6,999,000

Rarely offered, this stunning Mediterranean home, crafted to perfection, boasts over 8000 square feet of magnificent living space and sits on a 24, 000 square foot lot with unparalleled waterfront views. Featuring a captivating stone and stucco exterior, abundant windows, and meticulous architectural details adorning every corner. Every detail reflects uncompromising quality, demonstrating that no expense was spared in the selection of finishes. Enter through grand double doors into a foyer adorned with cathedral ceilings and venetian plaster walls. A majestic, curved staircase embellished with intricate custom iron railings, adding a touch of grandeur to the home's aesthetic. Porcelain floors equipped with radiant heating offer both sophistication and cozy warmth. Effortless convenience of an elevator is available to move you between floors. The first level hosts a formal living room, a grand formal dining room that boasts abundant windows, a coffered ceiling, and iron doors opening onto a stone patio, enhancing its charm and elegance. The kitchen is situated in the rear of the home and is uniquely crafted with German Blum cabinetry, Viking appliances and quartz countertops, blending premium design and practicality for culinary endeavors. The breakfast room features expansive 20-foot ceilings and a grand atrium, providing panoramic views of water, perfect for enjoying meals in a bright and airy ambiance. The kitchen and breakfast room flow seamlessly into a generous den complemented by hardwood flooring, adding warmth and elegance to the space complete with an additional rear staircase leading to the basement, providing easy access from the den to the lower level. A bedroom/office on the main level is an additional bonus. As you ascend to the second level you are greeted by a mezzanine overlooking the front lower-level entry and breakfast area. The grand primary bedroom suite is privately situated on the right wing. This suite is nothing short of extravagant. It boasts spaciousness with enough room for a king-size bed, sitting area and even a small workspace. A set of French doors open onto a large private balcony, offering panoramic views of the water. The attached full bathroom is a masterpiece design, featuring Versace tile, a luxurious therapeutic tub, a separate glass-enclosed double shower, and double vanities. The walk-in closet is 10. 8 x 16. 3 with custom shelving and storage. This level hosts an additional three generously sized on-suite bedrooms with marble and mosaic tiled bathrooms. Two of the bedrooms also have private balconies. The laundry room is an added bonus hosting state of the art washer and dryer. The third level is a large open space along with two separate storage areas. This level also has two balconies and is clean and finished with hardwood floors throughout. The basement is as large as the footprint of the home and is a canvas to creating a movie theater room, play area, gym and more. This level has access to the three-car garage. You can access the basement from two interior staircases. The backyard of this luxurious haven is an absolute paradise, offering breathtaking waterfront views. A sprawling patio spans the length of the house, featuring lounging areas and al fresco dining spaces. At the center of it all is an inviting heated saltwater in-ground pool, perfect for refreshing dips on sunny days. Adjacent to the pool is a relaxing spill over spa, ideal for unwinding under the stars. For the culinary enthusiast, an outdoor kitchen complete with a built-in grill, countertops, and a sink provides a perfect setting for hosting gatherings. The expanse of lush green grass, offering plenty of space for outdoor activities and recreation. Imagine a sprawling suburban sanctuary nestled in a picturesque waterfront location. This stunning residence offers the perfect blend of luxury and convenience. Situated in a beautiful area, it provides serene water and bridge views while being strategically located near major highways, ensuring easy access to nearby amenities and attractions. With its grand architecture, lush landscaping and exclusive gated access, this waterfront retreat offers the epitome of living at its finest.

Features

  • Town: Queens
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full / 2 half
  • Style: Mediterranean
  • Year Built: 2008
  • Garage: 3-car Attached
  • Heating: Natural Gas, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 8,300
  • Acreage: 0.55
  • Est. Taxes: $54,266
  • View: Other, Water
  • Water Front: Yes
  • Elem. School: Ps 79 Francis Lewis
  • Middle School: Jhs 194 William Carr
  • High School: Flushing High School
  • School District: Community District 25
  • Pool: In Ground
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • MLS#: 3546402
  • Days on Market: 216 days
  • Website: https://www.raveis.com
    /eprop/3546402/117malbadrive_queens_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 718-762-2268

William Raveis Family of Services

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

117 Malba Drive, Queens (Malba), NY, 11357

$6,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $5,599,200 $5,599,200 $5,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $4,522 $4,522 $4,522
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,792 $34,932 $46,872
Total Monthly Payment $36,439 $39,579 $51,519

* 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.