Incredible opportunity in Ridgewood. You can purchase this income producing property and established Laundromat business. Introducing this huge, fully renovated building with each floor boasting 1200 square feet. Renovations were completed in 2021. All units are free market rentals. Both Residential units will be delivered vacant. The business is for Sale and available to the new building owner for $400K. All details for the laundromat will be provided separately. The property comes with 4 attached garages, which are currently leased at $325 each per month. Featuring 2 new gas boilers, 5 new water tanks, new electrical lines, new plumbing. Located in a very busy area, walking distance to everything. 2 blocks from Myrtle Ave. Don't miss this opportunity to own a beautiful, income producing property in Ridgewood.
60-56 70 Ave, Queens, (Ridgewood), NY, 11385
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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