25-14 Newtown Avenue, Queens (Astoria), NY, 11102 | $1,250,000

Don't miss this charming two family home, with expansion potential, just a few short blocks from the N train at 30th Ave in the vibrant community of Astoria. This property offers unparalleled convenience for commuters and easy access to the best that Astoria has to offer. The property includes two well-appointed units, each featuring an updated kitchen, comfortable bedrooms, and access to the outdoor space. Perfect for rental income or as a primary residence. The first floor unit offers three bedrooms while the top floor includes a two bedroom unit and a large walk-in closet that could be utilized as a home office or a small bedroom. The building includes a full basement level which is walkout level in the rear with easy access to the expansive yard. The lower level has full height ceilings and offers ample storage space. With the coveted R6A/R6B zoning and a lot size of 19. 5 x 120, this home offers incredible potential for expansion. Whether you envision adding additional units, creating a duplex, or extending the existing structure, the possibilities are endless. The property represents an excellent short or long term investment depending on your vision and needs. Just minutes from the train station, this home ensures quick and easy commutes to Manhattan and other parts of New York City, and should you choose to develop the site in the future, offers a prime location for any use. Enjoy the convenience of nearby shops, restaurants, and parks. Don't miss out on this unique opportunity to own a versatile property in one of Queens' most sought-after neighborhoods. Whether you're looking to invest, expand, or create your dream home, this two-family house in Astoria is the perfect choice.

Features

  • Town: Queens
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Units: 2
  • Style: Townhouse
  • Year Built: 1901
  • Heating: Natural Gas, Hot Water
  • Cooling: None
  • Basement: Finished, Full
  • Acreage: 0.05
  • Est. Taxes: $6,311
  • Lot Desc: Level, Near Public Transit
  • Middle School: Academy For New Americans
  • High School: Long Island City High School
  • School District: Community District 30
  • MLS#: 3565827
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/3565827/2514newtownavenue_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 Compass Greater NY LLC   Phone: 212-913-9058

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Customer Service

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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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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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25-14 Newtown Avenue, Queens (Astoria), NY, 11102

$1,250,000

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 $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $526 $526 $526
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,678 $6,157 $8,304
Total Monthly Payment $6,329 $6,808 $8,955

* 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.