39-04 Stuart Lane, Queens (Douglaston), NY, 11363 | $388,888

For Sale: A rare opportunity to own a substantial piece of Douglaston, one of the most prestigious neighborhoods in Queens, New York. This expansive and uniquely proportioned 8, 320 square foot vacant lot, measuring 16 ft in width and a remarkable 520 ft in depth, presents an exceptional chance for both personal dream home builders and astute investors. Location: - Nestled in a serene and residential enclave of Douglaston, this lot offers the perfect balance of peaceful suburban living and convenient city access. - Located in one of the most sought-after zip codes in Queens, this property boasts prestige and exclusivity. - Easy and quick access to Manhattan via the Long Island Rail Road, making it ideal for commuters seeking a tranquil retreat from the hustle and bustle of the city. - A significant advantage of this property is its access to a public sewer line on Depew Avenue, ensuring essential utility connections are already in place for your convenience and reducing initial construction complexities. Lot Description: - The property spans a generous 8, 320 square feet, offering ample space for a large, single-family home. - Currently an open lot, it provides a blank canvas for realizing your architectural dreams. - Surrounded by the charming ambiance of Douglaston, the lot is situated in a neighborhood known for its tree-lined streets and beautiful homes. Building Potential: - Comes with already filed plans for constructing a spacious, single-family residential home. These plans have been thoughtfully designed to maximize both aesthetic appeal and functional living space. - The opportunity to build from scratch allows for complete customization. Tailor every detail to your taste and requirements, from the layout to the finishes. - Ideal for those who dream of creating their dream home or for a developer looking for an investment in a high-demand area. Investment Value: Douglaston is renowned for its strong real estate market, with consistent appreciation in property values. The prestige of the area and its desirability among families and professionals alike make this lot an excellent investment opportunity. This is more than just a piece of land; it's a chance to create something truly special. Whether you're looking to build your dream home or invest in a property with significant potential for appreciation, this lot in Douglaston, New York, represents an unparalleled opportunity in one of Queens' most prestigious neighborhoods.

Features

  • Town: Queens
  • Zoning: Residential
  • Lot Desc: Wooded
  • Elem. School: Ps 94 David D Porter
  • Middle School: Jhs 67 Louis Pasteur
  • High School: Francis Lewis High School
  • School District: Community District 26
  • MLS#: 3543559
  • Days on Market: 226 days
  • Website: https://www.raveis.com
    /prop/3543559/3904stuartlane_queens_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 Corcoran   Phone: 212-683-8300

William Raveis Family of Services

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888.699.8876

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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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  • Provides a guaranteed closing date that meets your needs
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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
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39-04 Stuart Lane, Queens (Douglaston), NY, 11363

$388,888

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $311,110 $311,110 $311,110
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,070 $2,068 $2,624
Total Monthly Payment $2,145 $2,143 $2,699

* 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.