Prime mixed-use property featuring a commercial storefront restaurant and an upstairs residential apartment, ideally located in an R5B/C1-3 zoned area. The 2,000 sq. ft. lot includes a spacious 2,700 sq. ft. interior. The first floor boasts a 20x70 restaurant which was featured in "The New York Times" newspaper. 2,700 sq. ft. basement for additional storage or operations. Upstairs, a charming 2-bedroom, 1-bathroom apartment includes a comfortable living room and kitchen, perfect for live-in owners or rental income. Conveniently situated near shops, restaurants, parks, and schools, with easy access to Q20A and Q65 bus lines, this property offers great potential for investment or business use.
18-24 College Point Boulevard, New York, (College Point), NY, 11356
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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