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60-68 80th Avenue, New York (Ridgewood), NY, 11385 | $1,100,000
**BRING YOUR BUYERS!** BUILD MEMORIES AND MAKE MONEY! *2ND FLOOR PICS ARE WHEN THE PROPERTY WAS VACANT* RIDGEWOOD GLENDALE BORDER/ LIBERTY PARK AREA. Attention Investors! Opportunities like this don't come knocking often, but when they do, it's time to take notice. Conveniently situated in a renters' haven, this legal Two-Family home, is a win for End-Users and Investors. Boasting a Spacious 3-bedroom Apartment on the 2nd Floor and a Large 2-Bedroom on the First floor! But it's not just about the living spaces - it's about Location, Location, Location. Just a 14 minute walk to the Halsey L-Line and 15-18 minute stroll from the Fresh Pond M-Line Subway. Buses: B13, B20, Q39, Q55. With an abundance of amenities right on their doorstep - from eclectic eateries to trendy bars - every convenience is within reach. . . EVEN BUSHWICK IS ONLY A 4 MINUTE BIKE RIDE AWAY! What sets this Opportunity apart for investors? Let's talk numbers. With an excellent rent roll potential and a neighborhood teeming with demand, the revenue streams are ripe for the picking. Plus, with commuting made seamless thanks to multiple transportation options, including bus routes and subway lines, attracting tenants has never been easier. Low taxes $5, 677. 44. FULL FINISHED Basement with Full Bath. And with the promise of future legalization for accessory dwellings, courtesy of HPD and the City of Yes, the value only continues to grow. In a world where home office space is now a necessity, these large units offer versatility, making them all the more desirable in today's market. So, seize the opportunity to own a slice of Ridgewood, where the demand for quality rental properties continues to soar. Reap the rewards of prime real estate in one of Queens' most sought-after neighborhoods. Number 4 in the world according to recent headlines! Important Details: Built in 1910. Building: 22X42. LOT: 22. 97X100. 04. R3A Zoning. Frame/Stucco. All information deemed reliable but not guaranteed. Buyers are expected to perform their own due diligence.
Features
- Town: New York
- Bedrooms: 5
- Baths: 2 full
- Style: Colonial
- Year Built: 1910
- Heating: Natural Gas, Hot Water, Steam
- Cooling: None, Wall/Window Unit(s)
- Basement: Bilco Door(s), Finished, Full
- Est. Taxes: $6,018
- Elem. School: Ps 68 Cambridge
- Middle School: Is 77
- High School: Grover Cleveland High School
- School District: Queens24
- MLS#: 806856
- Days on Market: 3 days
- Website: https://www.raveis.com
/eprop/806856/606880thavenue_newyork_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
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
60-68 80th Avenue, New York (Ridgewood), NY, 11385
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $502 | $502 | $502 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,135 | $5,562 | $7,426 |
| Total Monthly Payment | $5,762 | $6,189 | $8,053 |
* 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