An office plus 2 residential units offers the perfect blend of residential and professional spaces. Situated on a 40'x100' lot with a building size of 26. 5'x52' and zoned R5B, it’s ideal for investors, business owners, or families seeking versatility. The first floor features a spacious office space, perfect for a law office, medical practice, or other professional use. The second floor boasts two well-designed residential units, each with 1 bedroom, 1 bathroom, a cozy living room, and a functional kitchen, providing excellent rental income potential. Outdoor amenities include a 3-car driveway and a generous backyard, perfect for relaxing, entertaining, or gardening. Conveniently located near shops, restaurants, parks, and schools, this property offers easy access to the Q28 and Q76 bus lines, as well as the Auburndale LIRR station. This is a rare opportunity to own a property that combines business and residential living. The rent roll : 1st floor $6500/m, 2nd floor $4000/m
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $871 | $871 | $871 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,755 | $9,477 | $12,589 |
Total Monthly Payment | $9,751 | $10,473 | $13,585 |
* 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.