Welcome to 61-40 164th Street in Fresh Meadows, a distinctive mixed-use property (Approx. 2,420 Sq. Ft., 22x50 Building Size) blending residential comfort with commercial opportunity. This unique space features a retail storefront at the front and a duplex living space at the rear, including a kitchen, living room, and full bath on the first floor. Upstairs, discover six rooms and another full bath. Conveniently located near Queens College, the property is well-connected with the Q17 and Q88 buses and is right off the Long Island Expressway. Enjoy easy access to shopping at Fresh Meadow Place Shopping Center. With a private driveway and detached garage, parking is a breeze (32 ft x 95 ft Lot Size- Approx 3,040 Lot Sq. Feet). The unfinished basement and backyard provide additional flexibility. Property taxes are $9,613 per year, making this a fantastic opportunity to invest in a versatile property in a well-connected community.
61-40 164th Street, Flushing, NY, 11365
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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