5609 and 5611 van cleef st are both for sale.1989 branded new built brick five family. Owner built the building from scratch. Owner cut the price for 150,000 sothat it is priced to sell. Solid brick building with concrete and steel. Well maintainced five family. All units has separated heating and hot water units sothat all the tenants are paying for their own heating and hot water. 4 units of one bedroom with one three bedroom apartments. Full finished basement with 7 feet ceiling for basement. 5609 van cleef is hasing 6.4 cap and 5611 has 6.8 cap. High cap with potential to get higher cap of 10.36 and 10.39.
5611 Van Cleef Street, Corona, NY, 11368
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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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