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Welcome to 101-14 95th St, Ozone Park, Queens, located in the heart of Ozone Park. This fully updated legal duplex is located in the vibrant and growing neighborhood of Ozone Park. The property features a spacious 2-bedroom, 1-bathroom unit on the first floor and a 3-bedroom, 1-bathroom unit on the second floor. Both units are in excellent condition and currently rented at $2, 500 per month each, making this a great turnkey investment or an ideal opportunity for a buyer looking to live in one unit while generating income from the other. The home includes a basement suitable for additional storage or workspace. The property also features gated front and back yards, providing privacy and outdoor space, along with a covered front porch that offers a welcoming touch. Located on a quiet, one-way residential street, there’s plenty of street parking and a true neighborhood feel. Ozone Park is a well-established community known for its convenience, strong sense of community, and access to major transportation, including the A train, bus lines, and nearby highways. You’re just minutes from JFK Airport, shopping centers, parks, and local schools, making it a highly desirable location for both renters and homeowners. This property checks all the boxes—location, condition, income, and potential. Additional Features: Two well-maintained metal storage sheds in the backyard; Just 25 minutes to the heart of Manhattan via car, bus, or train. Convenient access to both major airports in the area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,900
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 | $879,920 | $879,920 | $879,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $674 | $674 | $674 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,996 | $5,634 | $7,485 |
Total Monthly Payment | $5,795 | $6,433 | $8,284 |
* 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.