Elegant Three-Family Residence in Astoria – A Rare Investment Opportunity
We are pleased to present this meticulously maintained three-family home, held by the same family for generations, now available in one of Astoria’s most coveted locations. Just steps from the bustling 30th Avenue, this residence effortlessly blends historic charm with modern conveniences, offering a unique and tranquil living experience within reach of the neighborhood’s top dining, café, and shopping destinations.
Property Features:
Renovated Kitchens and Bathrooms: Stylishly updated to deliver contemporary comfort and functionality.
Original Parquet Hardwood Floors: Impeccably preserved, offering timeless warmth and character to every room.
Detached Two-Car Garage: A rare and highly desirable amenity in Astoria, providing secure parking and ample storage.
Flexible Layout: Three distinct units, ideal for multi-generational living, personal use, or rental income opportunities.
Private Outdoor Space: A serene retreat perfect for outdoor entertaining or quiet relaxation.
Exceptional Location: Convenient access to N, W, R, and M trains, offering quick and easy commutes to Manhattan and other key destinations.
Investment Potential: Current rental income from the second-floor unit with significant opportunity for future growth. The detached garage further enhances the property’s value as a highly sought-after feature in this area.
This property presents a unique investment opportunity with a blend of historical elegance and modern upgrades, providing both comfort and strong income potential. The combination of location, layout, and amenities makes it an exceptional find in one of New York City’s most dynamic neighborhoods.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,937 | $8,708 | $11,569 |
Total Monthly Payment | $8,062 | $8,833 | $11,694 |
* 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.