Commercial Residential. Buildable Lot. Prime Location! Zoning: C4-4A, DJ (IH), Lot area approx. 8,110 st (source: DOF), Use Groups allowed: 1-6, 8-10, 12. Resi Base FAR: 3.45 (in only market rate units) - approx. 27,979 sf, max 27 units. Resi Max FAR: 4.60 with Inclusionary Housing component (if affordable units min 20% of FA) - approx., 37,3000 max 54 units. Commercial FAR: 4.0 - approx. 32,440 sf., Min base height 40'-0", Max base height 65'-0", Max building height - up to 85'-0" (or 8 stories) (in only market rate units), Max building height - up to 95'-0" (or 9 stories) w/inclusionary Housing component (if affordable units min 20% of FA), Commercial & Community Fac. Parking - not required, Resi Parking -50% of market rate units. Great investment for investors.
88-22 Sutphin Boulevard, Queens, (Jamaica), NY, 11435
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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