Brand new building under development, located in the bustling area of Corona Ave and 102nd St. Huge supermarket with parking lot directly across the street along with a park and playground nearby. Property is within a short walking distance from major shopping, restaurants, house of worship, and the 103rd St 7 train station. L.I.E. is a short driving distance and the Q58 & Q38 buses both stop on the corner of Corona Ave. Property features 6 units. Building will have 3 large one-bedroom units and 3 large two-bedroom units. All units will have high end finishes and will be move in ready. Great investment opportunity for the right investor. Excellent rental income opportunity.
47-12 102nd Street, #6, Corona, NY, 11368
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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