Astoria Prime Development Opportunity: Combined Lot Package with R5B Zoning! An exceptional, high-yield opportunity awaits developers and investors in one of Queens’ most sought-after neighborhoods. This premier package features the legal two-family residential property at 25-44 22nd Street, to be sold strictly together with the adjacent vacant parcel identified as Block 884, Lot 97 (measuring 25' x 80'). Combined, these contiguous parcels form an expansive 4,000 square foot building footprint boasting a commanding 50 feet of valuable street frontage by 80 feet of depth. Benefiting from a favorable and flexible R5B zoning designation, the combined layout yields up to 6,000 maximum buildable gross square feet
25-44 22 Street, Astoria, NY, 11102
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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