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Welcome to 33-82 159 St, Flushing, NY 11358! Discover the perfect blend of classic charm and modern potential in this stunning Tudoresque Center Hall Colonial on an expansive 80x100 corner in the desirable R1-2A zoning district. With over 3, 000 sq. ft. of living space, this spacious home features 5 bedrooms and 3. 5 baths, making it an ideal sanctuary for families of all sizes. As you step inside, you'll be greeted by a grand entrance that leads to a beautifully designed chef's/baker's kitchen, perfect for culinary enthusiasts and entertaining guests. The finished basement offers additional living space, while the third floor boasts finished rooms that provide a refreshing "rare find" for families needing extra room to grow. One of the standout features of this property is the separate two-room office, currently not in use, which presents an excellent opportunity for a home office, a space for a nanny, or even a guest suite. The home enjoys a desirable South/East exposure, flooding the interiors with natural light throughout the day. In recent years, the trend has been to maximize the potential of 80x100 corner properties, and this home is no exception. With a residential FAR of . 50 and a facility FAR of 1. 0, the possibilities for enhancement are vast, especially given its prime location just off 35 Ave and one block from Northern Blvd. The enhancements made by others in the area serve as inspiration for what could be achieved here. This property is not just a house; it's a home filled with memories, and the long-time owners, now empty nesters, are ready to embark on a new journey closer to their grandchildren. Don’t miss this opportunity to own a piece of Flushing that combines spacious living with incredible potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,899,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,519,200 | $1,519,200 | $1,519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.764% | 6.560% |
Monthly Tax Payment | $1,397 | $1,397 | $1,397 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,987 | $9,728 | $13,130 |
Total Monthly Payment | $10,509 | $11,250 | $14,652 |
* 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.