Rare find Mixed uses property in New Hyde Park commercial center area, this great property features a spacious storefront on 1st floor and two 2 bedrooms residential units on 2nd floor with separate entrance, and a full basement accessible from street convenient for storage usage, the storefront currently rented for a convenience store and lease till 2027, Two residential units are currently vacant needs some updates and will generate a nicely rental income, this is a great opportunity for someone looking a investment property with steady income and high investment returns.
Type:
Single-family residential
Heating:
Forced Air, Hot Water
Basement:
Full, Unfinished
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
School District:
New Hyde Park-Garden City Park
1006 Jericho Turnpike, Old Westbury, (New Hyde Park), NY, 11040
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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