This large brick corner Commercial property is currently used as a party and entertainment venue, offering a total building size of approx. 25,626 square feet and a lot area of 16,000 square feet. It features 9,735 square feet on both the lower and first floors, along with an additional 6,150 square feet on the mezzanine level. Extra lower-level space is also available, providing potential for additional income. The majority of the first floor boasts 30-foot ceilings, and the building is equipped with a new roof, concrete floors, and upgraded plumbing and electrical systems. Located in an area with heavy vehicular traffic, the property enjoys high visibility and accessibility. Off street parking for approx. 8-10 cars. Also includes drive in and loading dock access. SEE SET UP FOR DETAILS
56-70 58th Street, Queens, (Woodside), NY, 11377
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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