5 Story Mixed use elevator building built in 2009, it consists of 1 Commercial Office and 9 Residential Units (7 Two-bedroom unit, 1 One-bedroom, Plus 1 Two-bedroom Duplex unit). This property has preferential and Free Market rents with Low expenses; good Cap rate. Perfect investment opportunity for 1031 Exchange buyers. Property Features: 10,882 Sqft, 10 Stunning Unit apartments Condo Building. Elevator condo building - Video intercom system. High ceiling, large windows, excellent exposure, sunny & bright apartment. Beautifully polished wood floors over concrete. Open-concept kitchen with granite counters, fine cherry cabinets, and stainless appliances.2 large terraces, central air conditioning and heat in every room. In-unit washer / dryer hookup ready for installation in dedicated closet.2 modern full bathrooms. Easy access to Restaurants, Shopping Mall, Schools, St. John's University and Queens College, Major Highways. Public Transportation available, walking distant to Q65, Q64, Q34, and Q25; Local Q64 & express Manhattan bus on corner. 30 minutes to NYC.
71-44 160th Street, Queens, (Fresh Meadows), NY, 11365
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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