Looking for an investment that is going to bring in income from multiple sources? Then this is the property for you!!! This property is in the heart of bustling Corona, Queens. Offering a massive newly renovated (2024) storefront space of 1600 sqft on the first floor with two half baths and an extra storage space in the back. Two apartments on the second floor both being 1 bedroom and 1 bath(each apartment around 600 sqft) and finally a penthouse suite on the third floor, that has three bedrooms and 2 bathrooms (approx 1300 sqft). Don't forget this property is right next to the train station, super convenient for those without cars. For those that do own cars, this property also comes with two parking spaces in the front of the building!! Everything regarding utilities is clearly labeled, separated and easy to access.
111-17 Roosevelt Avenue, Queens, (Corona), NY, 11368
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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