Discover an exceptional opportunity in the vibrant heart of Jamaica, Queens! This prime property, with R6 zoning, boasts an approved plan for an expansive 40,560 sq ft development. The foundation is already completed, setting the stage for an array of possibilities. Imagine the potential: a state-of-the-art city agency, a cutting-edge college faculty building, a modern dormitory, or a premier medical hospital. But that's not all. This versatile property also holds the potential to be transformed into a luxurious condominium complex, complete with a medical office on the first level, catering to the community's needs. Located in a bustling area with unmatched accessibility and dynamic growth, this property is poised to become a landmark development. Seize this incredible opportunity to shape the future of Jamaica, Queens!
Utilities
Cable Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Lot Description:
Cleared, Corner Lot
Middle School:
Queens United Middle School
High School:
Queens Prep Academy
School District:
Community District 29
178-06 90 Avenue, Queens, (Jamaica), NY, 11432
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
