Amazing opportunity to own a completely unique oversized property in the heart of beautiful Point Lookout! Just blocks to the beach, this adorable cottage has recently been used as a thriving cafe/restaurant with plenty of outdoor seating in both front & back/passthrough windows for food service/fully equipped restaurant kitchen. Recently renovated, the space features an ADA compliant bathroom and pull-down attic for storage (or a potential second story). Shed out back had more fridge/freezer space. Converted to a commercial property, this 40 x 100 can be converted back to residential usage if you want to build a summer or year round residence in this beautiful community...just steps to the beach, this property has it all including FOUR beach passes! ALSO LISTED AS RESIDENTAL MLS #3562353., Building Size:730
101 Lido Boulevard, Hempstead, (Point Lookout), NY, 11569
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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