Attention investors! Discover an incredible opportunity in the heart of Jamaica with this 10-unit apartment building, ready for your personal touch and upgrades. The property offers a generous lot size of 4,833 square feet and a building size of 6,060 square feet, providing ample space for development and improvement. With HPD buildable square footage of 17,398 and R6A zoning, the potential for expansion or redevelopment is substantial. Annual taxes are $39,515. This property combines prime location and untapped potential, making it a must-see for savvy investors.AS IS
169-12 90 Avenue, New York, (Jamaica), NY, 11432
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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