12 Union Place, Hempstead (Lynbrook), NY, 11563 | $1,099,000

Charming 2-family home feature 2 separate living space in Lynbrook School district 20. First floor unit has 3-bedroom, 3-bathroom apartment, a large living room with hardwood floors, kitchen with stainless steel appliances, cozy dining area and large basement . This unit includes access to a private backyard, full finish basement with 2 separate entrances . Includes laundry facilities and outside storage space. Garage and large space for parking second floor : Tenant occupied , 3-bedroom, 1-bathroom apartment, washer and dryer in the unit, very bright and comfortable living space. Each unit has its own gas and electric meter. Conveniently situated near local shops, restaurants, and parks, this home offers easy access to public transportation and major highways for commuters. Enjoy the tranquility of suburban living while being just a 45 minutes train drive away to the excitement of New York City. two spacious, well-appointed living units that are ideal for an investor or homeowners looking for additional rental income or extra space for family. large space for parking 4-5 cars.

Features

  • Town: Hempstead
  • Rooms: 12
  • Bedrooms: 6
  • Baths: 4 full
  • Units: 2
  • Style: Duplex
  • Year Built: 1973
  • Garage: 4-car Attached
  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 2,294
  • Acreage: 0.13
  • Est. Taxes: $25,813
  • Lot Desc: Near Public Transit
  • Elem. School: Marion Street School
  • Middle School: Lynbrook South Middle School
  • High School: Lynbrook Senior High School
  • School District: Lynbrook
  • MLS#: 3567604
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /prop/3567604/12unionplace_hempstead_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 Kaya Homes   Phone: 516-464-8500

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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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Our Insurance Division:

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12 Union Place, Hempstead (Lynbrook), NY, 11563

$1,099,000

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 $879,200 $879,200 $879,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $2,151 $2,151 $2,151
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,923 $5,342 $7,242
Total Monthly Payment $7,199 $7,618 $9,518

* 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.