Calling all investors and builders. This property at 127 Frederic St. presents a unique opportunity to build a 2-4 residential apartment dwelling. This property along with its adjacent lot at 133 Frederic St.(6312507) are among the last buildable multi residential lots on Frederic St, which is a highly desirable investment area. 127 Frederic can be bought separately or in conjunction with the adjacent lot at 133 Frederic for the advantage of increased density. Present owners have already done much of the work for you and have permits and plans pending and you can be ready to start building. Run do not walk and take advantage of this great opportunity.
Utilities
Cable Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Electricity Available
Lot Description:
Additional Land Available
Elementary School:
Yonkers Early Childhood Academy
Middle School:
Yonkers Middle School
High School:
Yonkers High School
127 Frederic Street, Yonkers, NY, 10703
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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