This unique commercial property is currently operating as a funeral home and offers exceptional potential for a variety of future uses. The building features two spacious viewing rooms, a private office, and two lavatories, and was fully renovated approximately six years ago. With its flexible layout it could possibly be converted into a one- or two-family home, or repurposed as a professional office, grocery store, or House of Worship, pending appropriate approvals. Please note that the owner makes no representation regarding the legal use or occupancy of the premises, and all prospective buyers are strongly encouraged to perform their own due diligence and consult with an architect and/or attorney to verify current and potential uses. The business is not included in the sale, and the property will be delivered vacant on title.
12-38 Cross Bay Boulevard, Queens, (Far Rockaway), NY, 11693
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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