Located in prime Sunnyside neighborhood, 41-31 49th Street is a fully occupied 3-story multifamily residential building comprised of six units. The Property contains six 2 BR / 1 BA units in addition to a cellar and rear yard. The Property has benefited from the same owners since 1961 who have maintained and upgraded the building. The gas boiler was fully replaced in 2019. The roof has been maintained annually and is less than 15 years old. Additional upgrades have been made in the many units including new kitchens and bathrooms. The Property's location is attractive to tenants who would like to live a commutable distance from Manhattan or Queens. It is within close proximity of both 46th St and 52nd St subway stations on the #7 subway line in addition to Q32, Q60 and Q104 buses, LIRR and LaGuardia link service to the airport. Sunnyside offers amenities such as diverse restaurants, shopping, cafes, greenspaces and conveniences. Location, location, location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,598,000
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 | $1,278,400 | $1,278,400 | $1,278,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $1,673 | $1,673 | $1,673 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,460 | $8,186 | $10,874 |
Total Monthly Payment | $9,258 | $9,984 | $12,672 |
* 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.