118 Malba Drive, New York (Malba), NY, 11357 | $6,500,000

Situated on a serene half-acre waterfront lot, this magnificent 6, 500-square-foot residence showcases exceptional craftsmanship and luxury. Built with durable concrete and block construction, the home features stunning ENJO Architectural Millwork throughout, beautifully complemented by rich Kentucky Oak and Carrara marble floors. Designed for both comfort and sophistication, the home boasts 15 thoughtfully curated rooms, including a gourmet eat-in kitchen with a center island, a formal dining room, a formal living room, a den, a sunken sitting room, an office, and seven bedrooms—four of which are en-suite—along with a total of nine bathrooms. The third floor has separate living quarters which may be accessed through a private staircase. Outside, enjoy 128 feet of breathtaking waterfront views in a tranquil setting. A private driveway leads to a spacious six-car garage, adding to the home’s convenience and exclusivity. If you prefer boating, park your boat at a nearby slip.

Features

  • Town: New York
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 7 full / 2 half
  • Laundry: Laundry Room
  • Style: Colonial
  • Year Built: 1945
  • Garage: 6-car
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 6,500
  • Est. Taxes: $30,075
  • Lot Desc: Cul-De-Sac
  • View: Bridge(s), Open, Water
  • Water Front: Yes
  • Elem. School: Ps 79 Francis Lewis
  • Middle School: Jhs 194 William Carr
  • High School: Contact Agent
  • School District: Community District 25
  • Appliances: Gas Water Heater
  • MLS#: 842868
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /eprop/842868/118malbadrive_newyork_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 Rlty Landmark   Phone: 718-475-2700

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

118 Malba Drive, New York (Malba), NY, 11357

$6,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $5,200,000 $5,200,000 $5,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.183%
Monthly Tax Payment $2,506 $2,506 $2,506
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,525 $33,296 $43,881
Total Monthly Payment $32,156 $35,927 $46,512

* 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.