The building is located in the bustling commercial district of Whitestone, where the market is highly active! The commercial property benefits from ICAP tax abatement. Each of the four buildings available are approximately sized 20ft x 70ft, featuring three floors plus a basement with a separate entrance. The first floor is a commercial storefront, while the second and third floors are residential units. The residential layout includes three bedrooms and one bathroom, with the second floor having a large terrace and the third floor a balcony. The retail space on the ground floor faces the street and spans approximately 20 x 70 feet, including a private restroom. The location is excellent, close to schools, supermarkets, restaurants, and more.
150-20 12th Road, Whitestone, NY, 11357
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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