This exceptional parcel of land, located on 148th Street in the vibrant neighborhood of Jamaica, Queens, offers a prime opportunity for development or investment. With a lot size of 22.5 feet by 88.5 feet (1943 sqft), the property provides ample space for a variety of potential uses. The annual taxes are incredibly affordable at just $160, making it a low-cost investment. Situated in a growing area of Jamaica, the land is conveniently positioned with easy access to local amenities, transportation, schools, and parks. Whether you're looking to build a dream home, invest in real estate, or explore commercial development, this property offers a solid foundation for your vision. Don't miss out on this rare chance to own a piece of real estate in one of Queens' most desirable locations.
148 Street, New York, (Jamaica), NY, 11436
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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