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Located on Willets Point Boulevard in Whitestone, this approximately 3, 300 square foot community facility presents a rare opportunity to acquire a highly functional and well-maintained building in a busy commercial corridor. Currently operating as a church and community service facility, the property features high ceilings, strong street presence, and excellent visibility, making it suitable for a wide range of community-oriented uses. The building sits on a generous 60' x 103' lot and spans roughly 1, 000 square feet per floor, including a high-ceiling basement that significantly enhances overall usability. Although the structure has a unique triangular shape, the interior has been thoughtfully renovated to maximize every inch of space, creating an efficient and practical layout that does not feel constrained. An ADA-compliant elevator services the building, providing full accessibility and adding meaningful value for institutional and community users. Front and rear exits further enhance functionality, safety, and operational flow. Surrounded by supermarkets, restaurants, schools, banks, and parks, the property benefits from constant neighborhood activity and strong community demand. A large public parking lot nearby adds convenience for visitors and staff, a significant advantage in this area. With easy access to I-678 and excellent public transportation options including Q34, Q20A, Q20B, QM2, Q44, and QM20 bus lines, the location is highly accessible from surrounding neighborhoods and beyond. This vacant property offers strong potential for continued community use, educational purposes, or similar institutional functions, making it a compelling opportunity in a highly sought-after Whitestone location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,580,000
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 | $1,264,000 | $1,264,000 | $1,264,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,980 | $7,477 | $10,412 |
| Total Monthly Payment | $7,105 | $7,602 | $10,537 |
* 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.