Welcome to 23-34 31st Road, a remarkable Two-Family House situated in the heart of Astoria, NY. This two-family lowrise building, constructed in 1910, captures the essence of residential tranquility while offering the convenience of urban living that defines Astoria's appeal.
Building size: 23ft x 38 ft. Lot size 35 ft x 100 ft. Max FAR: 7, 000
The Building sits on a generous 3, 500-square-foot lot (35 ft x 100ft) within an R6B zoning district, providing both flexibility for future development and the potential to maintain its current residential use. The building, classified as B2, consists of two residential units, making it ideal for those looking to invest in a thriving neighborhood or find a place to call home.
Astoria's unique blend of suburban peace and urban excitement, coupled with its close proximity to Manhattan, makes this property a rare find. The area is known for its vibrant arts scene and diverse dining options, making it a sought-after location for residents and investors alike.
This property presents a unique opportunity to own a piece of Astoria's charm and become part of a thriving, culturally rich community. Don't miss out on the chance to make this exceptional property yours.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,516 | $8,282 | $11,532 |
Total Monthly Payment | $7,641 | $8,407 | $11,657 |
* 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.