3 Family with a store situated 2 blocks west of Cross Bay Blvd subway station. Projected Gross Income Nearly $118,000 (when fully occupied at market rents). Expenses: $19,000 (Low Taxes). 1st floor Store 650 (Sq.Ft) Behind the store: One 1 BR apartment (Vacant. use of backyard). Second floor: Two 2 Bedroom apartments (650 SF each). Makes a great investment.
Heating:
Natural Gas, Baseboard, Hot Water
Basement:
Full, See Remarks, Unfinished
Construction
Brick, Block
Lot Description:
Level, Near Public Transit
Elementary School:
Ps 63 Old South
Middle School:
Jhs 210 Elizabeth Blackwell
High School:
John Adams High School
School District:
Community District 27
92-18 Liberty Avenue, Queens, (Ozone Park), NY, 11417
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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