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43-20 Hamilton Place, New York (Douglaston), NY, 11363 | $2,250,000
Remarkable Tudor-Style 8-Family Rent Stabilized Property in Douglaston, NY Nestled in the picturesque enclave of Douglaston, this hidden gem offers a unique investment opportunity. This legal 8-family Tudor-style building is perfectly positioned just a short distance from the LIRR and Northern Blvd, providing convenient access to transportation, shops, schools, and places of worship. The property features a mix of 4 one-bedroom and 4 two-bedroom units, The building boasts a detached 6-car garage. A solid consistent income with active leases. Four doors/entrance with two units each. . Key updates include a gas boiler installed less than three years ago, as well as a younger roof and windows. Each unit is adorned with beautiful hardwood floors, and second-floor units offer additional storage space with access to the attic. The basement is dedicated to utilities, ensuring easy maintenance. Set on a large, flat lot, this property combines historical charm with modern convenience, making it an attractive option for investors and residents alike. Selling As Is with tenants. Please respect tenants. Public transportation including LIRR nearby, house of worship and shopping. , Additional information: Appearance: Very good, Interior Features: Lr/Dr, Building Size: 66' X 57'. Please call David 718-640-5413 or Paula 718-781-3055
Features
- Town: New York
- Property Type: Multi Family
- Construction: Brick
- Utilities: Trash Collection Public
- Parking: 8-car, Private, Detached, Garage, Off Street
- Levels: 2
- Heating: Natural Gas, Hot Water
- Cooling: Zoned
- Units: 8
- Year Built: 1931
- Est. Taxes: $41,074
- Lot Desc: Near Public Transit, Near School, Near Shops
- Middle School: Jhs 67 Louis Pasteur
- High School: Benjamin N Cardozo High School
- School District: Community District 26
- Appliances: Gas Water Heater
- MLS#: 803441
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/803441/4320hamiltonplace_newyork_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
43-20 Hamilton Place, New York (Douglaston), NY, 11363
$2,250,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
| Monthly Tax Payment | $3,423 | $3,423 | $3,423 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,079 | $10,937 | $14,827 |
| Total Monthly Payment | $13,627 | $14,485 | $18,375 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535