Welcome to the most wanted area of Ridgewood, Queens, NY. This exceptional Mixed-use investment opportunity that maximizes return on investment. The property offers a mix of commercial and residential spaces with high ceilings throughout. The store front ‘commercial space’ on the first floor is perfect to run a small-midsize business that can benefit from this area well known massive foot traffic. It has a beautiful studio apartment in the back, with high ceilings, and access to a nice backyard. A basement that is perfect for storage. Both the 2nd and third floor are residential units; each offering over 1,000 square feet inviting living space. Separate formal dining room, large living room and nice size bedrooms. The 2nd floor also has a balcony bringing additional space for comfort. This is a rare opportunity for you to own a unique property that maximizes return on investment.
66-83 FOREST AVE, Ridgewood, NY, 11385
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
