Astoria Investment Opportunity *** This mint-condition 3-story multi-unit property located in the heart of vibrant Astoria, Queens, offers the perfect blend of modern luxury and high-income potential. Surrounded by top-notch restaurants, trendy bars, and boutique shopping, this property is minutes from Manhattan and close to all major highways, airports, and public transportation (M, R, trains) and (Q104) buses. The first floor features a sun-filled living and dining area with wood flooring and oversized windows, providing plenty of natural light and fresh air. The newly renovated kitchen boasts Quartz countertops, custom cabinetry, and high-end appliances (including a microwave, dishwasher, and wine cooler), making it ideal for hosting and everyday convenience. The second floor offers a spacious 3-bedroom duplex, with each bedroom offering generous closet space, lots of natural light, and a fully updated bathroom. The third-floor unit is a bright 2-bedroom apartment with a cozy living room, wood flooring, a modern kitchen, a full bath, dishwasher, washer/dryer, and a skylight that floods the space with natural light. The ground level features ample storage, a washer/dryer, and direct access to a 2-car indoor garage with additional outdoor parking. This property is turnkey, with wood floors, marble-tiled bathrooms, and an upgraded plumbing system with Energy Star equipment, ensuring efficiency and low maintenance. Whether you're looking for an income-generating investment property in a sought-after neighborhood, it offers it all. Don't miss the chance to invest in one of Astoria's prime real estate gems!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,999
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 | $1,439,999 | $1,439,999 | $1,439,999 |
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 | $871 | $871 | $871 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,176 | $8,984 | $12,055 |
Total Monthly Payment | $9,172 | $9,980 | $13,051 |
* 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.