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677 Grandview Avenue, Queens (Ridgewood), NY, 11385 | $1,150,000
**BRING YOUR BUYERS!** **MATTERPORT TOUR PROVIDED UPON REQUEST** 2 VACANT UNITS! This is a BRICK building, boasting a Spacious layout of 34x65. 75ft and 9 family units, complete with a cozy full basement. Situated within a historical building composed of three properties, 677 Grandview Ave sits at its heart. The first floor has 4 Studio/One-Bedroom Apartments. The second floor has 2 Flexible Two/Three-Bedroom Layouts. Lastly, the third floor has 2 One-Bedroom Apartments and a Flex Two/ Three-Bedroom. Only a Short Walk to the Forest Ave M-Line Subway and the Myrtle Wyckoff M/L-Line, offering easy access to multiple means of travel. But it's not just about getting around-this neighborhood is surrounded by restaurants, bars, and any of life's essentials just around the corner. - This is an Excellent Rent Roll Opportunity to own a middle property in the Iconic "Matthews Model Flats", the apartment houses that served as Ridgewood's Foundation. - This is a 9 Unit Building -This is a Rent Stabilized Building - LOCATION, LOCATION, LOCATION! Other Important Details: Built in 1914/ Landmarked Building is R6-B Zoning Building Size: 34X65 Lot Size: 34X65. 75 Taxes: $29, 921. 56. Annually 15 Beds/ 9 Baths 2, 210 sqft per floor. Total Building is about 8, 840 sqft! BRING YOUR BUYERS! Buyers must perform own due diligence. All info deemed accurate but not reliable.
Features
- Town: Queens
- Rooms: 42
- Bedrooms: 15
- Baths: 9 full
- Units: 9
- Style: Tri-Level
- Year Built: 1930
- Heating: Natural Gas, Hot Water, Steam
- Cooling: None, Window Unit(s)
- Basement: Full, Unfinished
- Acreage: 0.05
- Est. Taxes: $29,922
- Lot Desc: Near Public Transit
- Middle School: Is 119 Glendale (The)
- High School: Grover Cleveland High School
- School District: Community District 24
- MLS#: 3591674
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/3591674/677grandviewavenue_queens_ny?source=qrflyer
William Raveis Family of Services
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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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
677 Grandview Avenue, Queens (Ridgewood), NY, 11385
$1,150,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $920,000 | $920,000 | $920,000 |
| 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 | $2,494 | $2,494 | $2,494 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,152 | $5,590 | $7,578 |
| Total Monthly Payment | $7,771 | $8,209 | $10,197 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535