Terms and Conditions
Arverne by the Sea
The complete terms are in offering plans available from the sponsor. H06-0020, H07-0035. Benjamin Beechwood Dunes, LLC. Rockaway Beach Blvd., Arverne, NY. *Prices and availability are subject to change without notice. **Based on a home price of $559,000 with 10% down payment, $1200 monthly rental income and a mortgage tax deduction. Mortgage of $503,100 is based on a 30 year fixed rate at 4.25% using average interest costs over a 3 year period. All prices and figures are approximate and may change. Rental rate is only an estimate. No representation is being made that the unit will be rented. Financing options vary based on financing type and buyer qualifications. Tax deduction assumes 33% combined Federal and NY State tax bracket computed on a monthly average basis. Based on 2010-2013 tax rate. Please consult with your legal or tax professional for complete information and advice and eligibility requirements. No representation as to the availability and applicability of the tax credit purchaser.