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Listed for Sale is a Retail/Professional Condominium within a residential high-rise Condo building. A package deal that includes 4 Retail Condominium Units on the ground level and the Lower Level, in addition to a Licensed Daycare Business that is currently registered for 30+ kids. It is designed to accommodate commercial activities, potentially including after-school or Educational programs. Discover this exceptional professional condominium, strategically located in the heart of Forest Hills, offering a rare opportunity for businesses seeking a professional and accessible location. Located just steps from North Shore Hospital, Forest Hills High School, and JHS 157. This 4, 000 sq ft of Retail Space features 4 separate private units. The building provides amenities like an elevator, Secure access, break rooms, a kitchenette, WIFI, and inside, you'll find ample natural light, high ceilings. Enjoy the vibrant atmosphere of Forest Hills & Rego Park neighborhood with its proximity to LIRR and E, F, R trains. Schedule a viewing today to experience the potential of this exceptional professional space.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,599,999 | $1,599,999 | $1,599,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.996% | 5.806% |
| Monthly Tax Payment | $5 | $5 | $5 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,589 | $9,465 | $13,180 |
| Total Monthly Payment | $8,719 | $9,595 | $13,310 |
* 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.