Prime Mixed-Use Property in the Heart of Douglaston, Queens! Seize this rare investment opportunity in one of Queens' most sought-after neighborhoods! This mixed-use gem offers two spacious residential units on the second floor: a bright and airy two-bedroom apartment, ideal for families or roommates, and a charming one-bedroom unit, perfect for singles or couples. Both units promise consistent rental income and are always in demand due to the property's prime location. The ground floor is home to a well-established, thriving pizzeria that has been a loyal commercial tenant for years, providing a stable and reliable income stream. With its unbeatable location in a vibrant, desirable neighborhood, this property offers significant potential for both immediate cash flow and long-term appreciation. Don't miss your chance to invest in this exceptional property!
44-17 Douglaston Parkway, New York, (Douglaston), NY, 11363
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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