75-88 180th Street, Fresh Meadows, NY, 11366 | $1,299,999

This is a rare opportunity to buy a large, fully detached single-family home with commercial (C1-2) overlay in one of the most highly sought-after neighborhoods: Utopia, Queens. C1-2 zoning allows the buyer to use the property as a mixed-use (residential-commercial) or commercial space with proper permits (consult with an architect for details). Perfect for end users to establish a home or business owners, non-profits, investors and developers looking for an ROI project in a prime location. This one-of-a-kind, two-story house sits on a 4, 579 sq ft corner lot, features a 25 ft x 32 ft building size, and offers approximately 1, 600 sq ft of living space (not including basement). Second floor features three bedrooms with a junior room off the master (ideal for office or walk-in closet), full bathroom, and large windows. First floor features spacious living room with eastern exposure and fireplace, formal dining room, upgraded eat-in kitchen with granite countertops, inside access to basement, and outside access to the front, side, and rear of the house. Basement is finished with built-ins, full bath, large windows, Summer kitchen, house utilities, and separate outside entry. Outdoor features include private driveway, detached single-car garage, manicured lawn, rock gardens, charming curb appeal, and private backyard with custom-built brick barbecue. Location is prime, near St. John's University (4 blocks away), Utopia Playground (2 avenues away), and Cunningham Park (12 blocks away). Zoned for top-rated PS 173 elementary, JHS 216, and City-wide high school choice. Easy access to Manhattan via QM1/31, QM5/35, QM6/36 express buses (4 blocks away) and via local bus routes to subway. Stores, shopping, restaurants, worship, and entertainment along Union Turnpike. Also near JFK Airport (20 min drive), and LGA Airport (20 min drive). Everything you can ask for, conveniently located. Must be seen in person! Offered as-is.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 1938
  • Garage: 1-car Detached
  • Heating: Natural Gas, Hot Water
  • Cooling: Zoned, Wall Unit(s)
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 1,600
  • Acreage: 0.11
  • Est. Taxes: $11,089
  • Lot Desc: Corner Lot, Near Public Transit
  • Elem. School: Ps 173 Fresh Meadows
  • Middle School: Jhs 216 George J Ryan
  • High School: Francis Lewis High School
  • School District: Community District 26
  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • MLS#: 3562248
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /eprop/3562248/7588180thstreet_freshmeadows_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 Keller Williams Landmark II   Phone: 347-846-1200

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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

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75-88 180th Street, Fresh Meadows, NY, 11366

$1,299,999

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,039,999 $1,039,999 $1,039,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $924 $924 $924
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,152 $6,574 $8,917
Total Monthly Payment $7,201 $7,623 $9,966

* 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.