Located at Super high-traffic, thriving commercial corridor, this all-brick, free-standing retail property offers exceptional long-term investment value.
Property Highlights: Lot Size: 110 × 93 (Approx. 8,429 SF) ,Building Size: 98.5 × 61 (Approx. 5,429 SF) Configuration: 3 established, high-volume retail stores & 12 on-site parking spaces.
Approx. Net Annual Income: $223,480! All tenants are well-established businesses with long-term leases in place, Tenants are responsible for their own expenses, ensuring strong, predictable cash flow!
Investment Upside: Positioned in a busy commercial hub with consistent foot and vehicle traffic Very Low maintenance, Significant future appreciation potential in a growing area ,This is a rare opportunity to own a stable, income-generating asset with built-in upside in a prime location !
16141 Baisley Boulevard, Jamaica, NY, 11434
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
