Totally renovated 5 family situated off Woodhaven Blvd, and behind the Stop&Shop Shopping center on Atlantic Ave. We're only 4 blocks to Liberty Ave or Jamaica Ave subway lines. Property is ideal for investors (6.5 Cap) or users (1st floor Apartment is vacant). Gross Income is $120,000. Net Income is $90,000. 5 Boilers and 5 water tanks. 5 Zone Heating. 1st floor 1,000 SF apartment is vacant and it features 2 Bedrooms and 2 full baths and access to backyard. The 2nd and 3rd FLoors have four 1 BR renovated apartments. This building can be sold as a package deal with 92-16 95th Ave (A Renovated corner 2 family and a 2,500 SF store for $1,400,000). Priced to sell at this price and condition.
Heating:
Baseboard, Hot Water
Cooling:
Wall/Window Unit(s)
Basement:
Full, Storage Space, Unfinished
Construction
Aluminum Siding
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Lot Description:
Back Yard, Cleared
92-14 95th Avenue, Ozone Park, NY, 11416
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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