Trophy Location and One of the best retail blocks in Queens. Some of the highest rents are paid here. High rate for retail is $125 per Sq.Ft. Surrounded by majr franchise tenants. Presenting a 2 story commercial building with a basement. First Floor: 2,000 SF store with high ceilings. 2nd Floor 1,800 Sq.Ft office. Heavy Pedestrian Traffic. Only 100 Feet to subway @Roosevelt Ave that the platform services 5 Million annual passengers. Ideal for Medical, Food/Restaurant, Bank or any retail that depends on heavy pedestrian and high visibility traffic. Rare vacancies on this block.
Only 3 Blocks to Elmhurst Hospital. Projected gross income is $358,000 per year.
Heating:
Electric, Forced Air
Basement:
Full, See Remarks, Storage Space, Walk-Out Access
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, See Remarks, Sewer Available, Sewer Connected, Water Available, Water Connected
37-53 82nd Street, Jackson Heights, NY, 11372
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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