6618 Seaspray Avenue, New York (Arverne), NY, 11694 | $1,150,000

This two-family home in the sought-after Dunes section of Arverne by the Sea offers a fantastic opportunity to embrace the beach lifestyle, complete with rental income potential and the added benefit of a NYC tax abatement. Situated just steps from the beach and boardwalk, this end-unit property features two separate living spaces, perfect for multi-generational living or collect rent to offset your overhead. The owner's unit is a spacious, comfortable duplex with three bedrooms, two full and a half bath, sliders to a privacy fenced backyard and the convenience of a garage and driveway. It's the perfect spot to relax and unwind after a day at the beach. The upper apartment offers an open-concept living area flooded with natural light, with stunning views of the beach and the Atlantic Ocean. It features two bedrooms, including a generous primary suite that boasts beautiful ocean views and newly installed flooring. The real highlight, however, is the expansive rooftop deck, offering panoramic views and a versatile bonus space that could be used as a den, third bedroom, home office, craft room, or workout space. Ideally located with easy access to the YMCA, shops, and houses of worship, transportation options include the A train, express Manhattan bus, and the Rockaway Ferry across Jamaica Bay. With some vision and energy, this could be your dream beachside retreat, offering the perfect blend of comfort, income potential, and a location that can’t be beat!

Features

  • Town: New York
  • Bedrooms: 5
  • Baths: 4 full
  • Style: Contemporary
  • Year Built: 2010
  • Garage: 11-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Est. Taxes: $3,202
  • Lot Desc: Back Yard, Corner Lot, Private
  • View: Neighborhood, Water
  • Middle School: Scholars' Academy
  • High School: Scholars' Academy
  • School District: Community District 27
  • MLS#: 809987
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/809987/6618seasprayavenue_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of ROCKAWAY PROPERTIES   Phone: 718-634-3134

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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
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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6618 Seaspray Avenue, New York (Arverne), NY, 11694

$1,150,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
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 $267 $267 $267
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,442 $5,891 $7,826
Total Monthly Payment $5,834 $6,283 $8,218

* 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.