Welcome to 254-09 73rd Rd. a generously sized approximately 1100 sq. ft. Duplex/Townhouse 4-unit, 2. 5-bath co-op located in the desirable Glen Oaks Village, offering prime investment opportunity. This property is being sold as-is and required renovation, providing a blank slate for customization or rental income potential. This spacious living area is designed for comfort and relaxation. Enjoy your own private entrance with this as the first floor level features spacious bedroom with closet, full bathroom, large kitchen with breakfast nook, laundry, formal dining area and spacious living room with coat closet, second level includes a primary sweet with walk in closet, powder room and a second closet, secondary bedroom spacious with two closets, third bedroom with closet, full bathroom, linen closet and a full attic space for storage or future dormer. Plenty of windows all around for daily natural light. Amenities include: a New Sports Center with Tennis and Pickleball Courts, Exercise Equipment, Basketball Court, Baseball Field, RacquetBall court, Bocce Ball, Playgrounds for kids (Tree Tops, Pirate Ship, Splash park, etc. ), and a Dog Park. With its excellent location and strong market demand in the area, this co-op promises a great return on investment. No flip tax. Enjoy the benefits of living in a well-maintained community with access to parks, shopping, houses of worship, and transportation. Don't miss the chance to turn this property into a gem in one of queens' most sought out neighborhoods. Outdoor enthusiasts will appreciate the gardens throughout, perfect for staying active and enjoying the fresh air. The community also offers shared laundry facilities, parking, garages for storage and a pet friendly atmosphere adding to the convenience of living in this well-maintained co-op.
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Our Executive Mortgage Banker:
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$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $2,731 | $2,728 | $3,442 |
* 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.