Excellent Income producer. Situated only 200 feet west of Cross Bay Blvd/Liberty Ave subway station. Gross Income Nearly $117,516 (when fully occupied at market rents). Expenses: $22,277 (Low Taxes $7,427). 1st floor Store 500 (Sq.Ft) $1,800 Behind the store there is 3 BR apartment with use of backyard $2,800. Second floor: A 2 Bedroom apartment ($2,693) and a 1 BR apartment with Balcony ($2,500). Updated Electric and Updated boiler and water tank. 8 Cap return. Tremendous investment.
Type:
Single-family residential
Heating:
Natural Gas, Baseboard, Hot Water
Basement:
See Remarks, Full, Unfinished
Construction
Block, Brick
Utilities
Trash Collection Public
Lot Description:
Near Public Transit, Near School, Near Shops, Level
Elementary School:
Ps 63 Old South
Middle School:
Jhs 210 Elizabeth Blackwell
High School:
John Adams High School
School District:
Community District 27
92-18 Liberty Avenue, Ozone Park, NY, 11417
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
