Highly visible corner property with unique mixed use in place 20,000+ vehicle exposure daily. Offering an approx. 1300 sqft for commercial space with 56' of building frontage on Jerusalem Ave and a separate and currently income generating single family residence, this property can support an owner operated business or workforce accommodations. Located in close proximity to major attractions and entertainment. Formally used as a farmstand and retail establishment. Situated in Residence District (B) zoning, this property is uniquely able to support its current usages and accessory uses to include professional office space or senior residences. Truly a one of a kind property
701 Nostrand Avenue, Hempstead, (Uniondale), NY, 11553
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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