East Elmhurst Mixed-Use Property for Sale – Asking $1,450,000
Prime mixed-use building featuring commercial and residential space. The ground floor offers a storefront currently used as a liquor store with one bathroom, while the upper floors comprise a spacious residential unit. This three-story building with a full basement includes 4 bedrooms and 6 bathrooms.
Situated on a 25 ft x 100 ft lot, the property offers approximately 3,419 sq ft of usable space. Rebuilt in 2017, the building features upgraded plumbing, electrical, and drainage systems, providing modern quality and reliability.
Ideal for owner-occupancy, rental income, or commercial investment. Located in desirable East Elmhurst, offering convenient transportation, nearby shopping and dining, and strong future development potential.
Address: 80-07 31st Ave, East Elmhurst, NY 11370
8007 31st Avenue, E. Elmhurst, (East Elmhurst), NY, 11370
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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