Don't miss this opportunity to invest in this charming mixed-use building in the heart of Sea Cliff village. The building boasts approximately 6,702 sq ft. FIRST FLOOR includes a commercial storefront (approx 1728 sq ft) with full basement (approx 1728 sq ft), beautiful tin ceilings, a bathroom and endless possibilities. SECOND FLOOR (approx 1308 sq ft) includes: Studio Apartment with a Balcony, and 2-Bedroom Updated Apartment. THIRD FLOOR (approx 1308 sq ft) includes: 1 Bedroom Updated Apartment & Another 1 Bedroom Apartment. Hooked up to sewers, newer hot water tank. Parking lot in back for approximately 8 cars. Also features 2 outdoor attached storage sheds, a covered porch, and a fenced-in patio area.
253 Sea Cliff Avenue, Oyster Bay, (Sea Cliff), NY, 11579
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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