Absolutely! Feast your eyes on this incredible corner property in the heart of Ozone Park. This property is an unbeatable investment opportunity, boasting a two-family residence, a convenient commercial space, a one-car garage, and four private parking spaces. With its prime location in a bustling area and close proximity to the A train, this property is incredibly accessible. Additionally, it's strategically positioned across from a supermarket and near fantastic amenities like Blink Fitness, places of worship, a park, banking facilities, City MD, and more! Take note of the following compelling details about the property: Strategically situated in a bustling area with established tenants BLINK and City MD and a conveniently located fresh grocery market. Easily accessible to a train and Q112. The property boasts three units and 3-4 car parking spaces: 2 units feature 3-bedroom/1-bathroom free market apartments (3FL - $2, 500/month, 2FL - $2, 900/month; tenants responsible for all utilities). 1 unit on the ground level is an ADA-compliant, currently vacant commercial/office space. The property showcases new windows, a commercial roof, zoned heating, a whole integration system, porcelain radiant heated floors, HVAC, and an additional garage with an electric opener. Furthermore, the building is currently 67% leased and can be delivered vacant or with residential tenants. Countless possibilities await, and a wealth of amenities are at your immediate disposal. If you need more details, don't hesitate to give us a call. !
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,475,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,180,000 | $1,180,000 | $1,180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,700 | $7,265 | $9,799 |
Total Monthly Payment | $6,825 | $7,390 | $9,924 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.