Seize the opportunity of this LIC multi-family home which sits on a lot of 25 x100.83. Remove the home and build up the potential FAR of 5,042 Sf! The site is ideal for development and is zoned M1-2/R5B. Near the N W E M R 7 trains at Queens Plaza/Queensboro Plaza Stations and many trendy spots of Long Island City and Astoria Queens. Offered vacant and as is. Visit 40-37 27th Street in Long Island City, NY 11101.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more