Welcome to Ozone Park, Queens! Here is a 2. 5-story residential gem for sale in New York City. It's a 2-bedroom duplex over a 2- bedroom apartment standing above a finished basement. Each dwelling has its own private entrance and exit. The perimeter of the property is fenced. The property features a front concrete porch, and the second-floor duplex features a metal balcony entrance with translucent awnings. The patio is privately fenced and paved with concrete and brick. The patio also features a tool shed and an insulated large shed. The property is very well maintained, will be delivered vacant, and is turnkey ready. The finished basement floors are tiled with an eat-in kitchen, a full bathroom, a closet, and a laundry room with a private entrance. The first and second-level floors of the duplex feature hardwood and tile flooring with wood trim. Each room of this property has windows, which allow for plenty of ambient light and air circulation. The boiler is fueled with gas. The 1st floor has its own gas and electrical meter, shared with the basement. The second floor has its own gas and electrical meters. This property is close to mass transportation, local shops, restaurants, and schools. This property is geographically centered in the heart of all the action New York has to offer. Reach Manhattan, Long Island, JFK and LGA airports, major highways, beaches, parks, recreational facilities, medical centers, and shopping centers all in minutes by vehicle or public transportation. The A-train is 2-3 blocks away from the Rockaway Blvd station. This is your opportunity to own a piece of New York with income- generating private units located in a convenient area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,999
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 | $719,999 | $719,999 | $719,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $422 | $422 | $422 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,145 | $4,551 | $6,076 |
Total Monthly Payment | $4,659 | $5,065 | $6,590 |
* 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.