Secure this detached income-producer in the heart of Corona's vibrant Roosevelt Avenue. Situated on a 25x100 lot with a massive 20x50 building, this property is a true cash cow. The layout features a rare 4BR/1LR/1BA unit on the first floor and a spacious 4BR/1LR/1BA unit on the second floor. The high-ceiling basement with a separate entrance, providing immense utility. With R6B C1-4 zoning, explore redevelopment potential for mixed-use projects (Retail=Residential). Steps from the Subway and major commerce with exceptionally low $8,133 annual taxes. An unparalleled opportunity for immediate high-yield cash flow and future growth.
10460 Roosevelt Avenue, Corona, NY, 11368
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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