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Own a Strategic Industrial Asset in the Heart of Ozone Park – 103-24 101st Street, Queens, NY 11417 This is your opportunity to secure a 3, 038 SF warehouse in one of Queens’ fastest-evolving corridors. Located in the heart of Ozone Park, this M1-zoned property offers flexibility, functionality, and long-term upside in a rapidly developing neighborhood. Property Highlights: 3, 038 Square Feet of highly usable warehouse space 19-Foot Ceilings – maximize vertical storage, racking systems, or mezzanine potential Bay Doors on Both Sides of the Building – installed within the last 3 years, allowing for efficient drive-through capability, smooth loading/unloading, and operational flexibility Brand New Roof (2022) – major capital improvement already completed M1 Zoning – ideal for warehousing, distribution, light manufacturing, contractors, trades, storage, and a wide range of commercial uses Fully Customizable Interior – design and configure the layout to meet your exact business needs Unmatched Location & Accessibility This warehouse sits just steps from multiple subway lines and public transportation options, providing convenient access for employees and clients alike. The property offers quick connectivity to major roadways and is located close to both JFK International Airport and LaGuardia Airport, making it ideal for logistics, import/export, and distribution operations. Positioned in the Path of Major Development The surrounding area is undergoing transformative growth. Just around the corner, Resorts World continues its multi-billion-dollar renovations and expansion plans, bringing new investment, infrastructure, and economic activity to the neighborhood. Additionally, the proposed “QueensLink Project” aims to revitalize the long-defunct Liberty Avenue rail line, creating a brand-new train connection complete with shops, public park space, bicycle paths, and pedestrian walkways. The project is planned to run right near your 100th Street bay door—further enhancing accessibility, visibility, and long-term value. Invest in the Future With infrastructure improvements, transportation expansion, and large-scale redevelopment happening nearby, this property is positioned squarely in the path of progress. Whether you’re an owner-user looking to control your operating costs or an investor seeking long-term appreciation, this warehouse offers a rare chance to own in an area on the rise. Own your piece of Ozone Park before it’s too late.
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Our Executive Mortgage Banker:
$1,598,888
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 | $1,279,110 | $1,279,110 | $1,279,110 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,181 | $1,181 | $1,181 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,263 | $7,876 | $10,794 |
| Total Monthly Payment | $8,569 | $9,182 | $12,100 |
* 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.