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19-92 78th Street, Queens (East Elmhurst), NY, 11370 | $1,650,000
Stunning 3-Family Home in East Elmhurst - Perfect for Investors and Homeowners Alike! Discover the perfect blend of comfort, convenience, and investment potential at this exceptional 3-family home in the heart of East Elmhurst. Located on a serene, tree-lined street, this property offers a unique opportunity for homeowners and investors seeking a versatile living space in one of Queens' most desirable neighborhoods. Property Highlights: Three Distinct Units: Each unit features spacious living areas, eat in kitchens, and ample bedrooms, providing an ideal setup for multi-generational living or rental income. The first-floor unit is a cozy one-bedroom, the second-floor unit boasts three bedrooms and the third-floor unit also offers three bedrooms, providing ample space and comfort. Outdoor Spaces: Enjoy the outdoors with a charming backyard perfect for entertaining, gardening, or simply relaxing. Additionally, the property includes a welcoming front yard and private entrances for each unit. Parking: The property includes a one-car garage and additional driveway space that can accommodate multiple cars, offering ample parking for residents and guests. Prime Location: Situated just minutes from LaGuardia Airport, major highways, and public transportation, this home offers easy access to Manhattan and other parts of NYC. You'll also find an array of dining, shopping, and recreational options nearby. Investment Potential: With three rentable units, this property is a fantastic investment opportunity. Live in one unit and rent out the others, or lease all three for maximum income. Neighborhood Appeal: East Elmhurst is known for its vibrant community, excellent schools, and beautiful parks. It's a neighborhood that combines the charm of suburban living with the excitement of city life.
Features
- Town: Queens
- Rooms: 15
- Bedrooms: 7
- Baths: 3 full
- Units: 3
- Style: Apartment
- Year Built: 1970
- Garage: 1-car Attached
- Heating: Natural Gas, Baseboard
- Cooling: Window Unit(s)
- Basement: Finished
- Acreage: 0.06
- Est. Taxes: $11,031
- Elem. School: Ps 2 Alfred Zimberg
- Middle School: Is 141 Steinway (The)
- High School: William Cullen Bryant High School
- School District: Community District 30
- MLS#: 3555247
- Days on Market: 118 days
- Website: https://www.raveis.com
/prop/3555247/199278thstreet_queens_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
19-92 78th Street, Queens (East Elmhurst), NY, 11370
$1,650,000
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
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
| Monthly Tax Payment | $919 | $919 | $919 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,289 | $8,020 | $10,873 |
| Total Monthly Payment | $8,333 | $9,064 | $11,917 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535