Storefront For Rent in the heart of Rockaway Park! With a 2700SF interior and a huge rear outdoor space that can have many different uses to add to your businesses appeal. R5B, C2-3 and M1-1 Zoning. This location has been home to many successful businesses over the years and currently would work for everything from a restaurant to an office space or anything in between. There's also plenty of foot traffic along your 60' wide storefront that is sure to bring in plenty of revenue. Come join the string of businesses along the Boulevard like Rocco's of Roc Beach, Te Quiero, Tap That and The Rockaway Hotel. Close to all means of transportation including the A train, NYC Ferry that'll take you to Manhattan in less than an hour. Have an idea for a business or just looking for a bigger space? Come take a look at 112-16 Rockaway Beach Blvd. See you soon!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $5,600 | $5,600 | $5,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.051% | 7.295% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $39 | $38 | $48 |
Total Monthly Payment | $114 | $113 | $123 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.