Multi-Property development site for sale in the heart of Kew Gardens Queens! 116-14 Grosvenor Lane and 8291 116 St. are being sold as a packaged sale. Both properties are zoned R-7A with a total lot square footage of approximately 6,100 (4,104 + 1,996), with an FAR of 4 with a total buildable square footage of approximately 24,400. Located close to E/F express trains, LIRR, Forest Park, shops on Metropolitan Ave., Austin St. and Queens Blvd.! Don't miss this tremendous opportunity to develop a brand new condo or rental building in a highly sought neighborhood!
116-14 Grosvenor Road, New York, (Kew Gardens), NY, 11418
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.
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