Buy with Yoreevo
$1,382,000
List Price: $1,400,000
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38-20 31st Street
House in Long Island City •  building info
studio • 2,254ft² $621 per ft²
Buy with Yoreevo

$1,382,000

List Price

$1,400,000

Key Details
Days on market
18
Last price change
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Estimated payment
$10,517
Taxes
Monthly maintenance
N/A
Description
Prime development opportunity in LIC. Potential to have 1 commercial unit underneath for the whole with an FAR of 4. FAR of 3 for the residential portion to potentially build 10 units. This property features a 3-bedroom, 1-bath house built in 1920, spanning 1,540 square feet on a 0.05 acre lot. it's located one block from northern boulevard and is being sold in "as-is" condition. zoned m1-2/r6a, the house is about 22x35 feet (1,540 sqft), and the lot size is approximately 25x90 feet (2,254 sqft). the potential buildable area is 6,762 sqft. it's half a block from the 39th ave./dutch kills train subway station, making it very close to Manhattan.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,400,000
Asking Price: $1,400,000
Term
30 Years
Down Payment
$140,000 (10%)
Min: 10% (140,000)
Rate
6.75 %
Mortgage Amount
$1,260,000
Mortgage Payment
$8,172
Taxes
$2,345
Estimated Yoreevo rebate
$18,000
Estimated closing cost
$51,000
Total monthly cost $10,517
Buy your dream home with us and get an estimated
$18,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Amorelli Realty

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