This sale includes 2 contiguous Properties - 17 Crescent Drive and 431 NY Ave. Total acreage of 2 Parcels is 1.06 It includes a Legal 2 Family home set on .5 Acre zoned R5 & a portion of C6 and a Storefront with an Apartment above on .56 Acres zoned C6 with a portion on R5. Purchase comes with Preliminary Plans to Build 4,342 SF of Commercial Space with 10 Apartments on the 431 NY Ave Lot while still maintaining the Legal 2 Family. Please see attachments for Survey, Aerial View, Retail Plan, Apartment Floor Plans for 2nd & 3rd Floor and Exterior Renderings.
Heating:
Natural Gas, Hot Water
Parking:
18-car, Private, Driveway, Parking Lot, Off Site
Construction
Frame, Cedar, Stucco
Lot Description:
Possible Sub Division, Near Public Transit
Middle School:
J Taylor Finley Middle School
High School:
Huntington High School
School District:
Huntington
17 Crescent Drive, Huntington, NY, 11743
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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