EXCELLENT and rare OPPORTUNITY to own a great Greenhouse/Farm. This unique property of approximately 1 acre is located in the heart of Bayport. Between its uniqueness LOCATION LOCATION!, right on the corner of Montauk Highway North (27A) and Sylvan Ave. Besides, having a house and a cabin, you can legally raise chickens, cultivate plants and sell eggs. The property comes with a house-type Cape with 4 Bedrooms, 2 Bathrooms, hot tub and a detached cottage with 1 bedroom and 1 bath, detached 4-car garage with a new roof, 16.000 SQF of Greenhouses. The heating system uses oil from multiple tanks, force air greenhouses, multi-zone heat in each of the 5 greenhouses. The house is a single-family residence with ongoing legal AGRICULTURAL use. Store on property operated by the Owner and lastly, all the structures have their own COs DO NOT MISS THIS OPPORTUNITY!!! "May qualify for a USDA loan if they use of the property is not changed".
Heating:
Electric, Oil, Propane, Baseboard, Hot Water
Current Use
Commercial, Mixed Use, Other, Retail
482 Sylvan Avenue, Islip, (Bayport), NY, 11705
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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