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+/-25, 000 SF educational facility available for lease at 1346 Broadway in Hewlett, New York, located along a well-traveled Nassau County corridor with an average daily traffic count of approximately 15, 000 vehicles. The property offers a fully built-out institutional layout, ideal for educational, community, or non-profit organizations seeking a functional, spacious facility in a highly accessible South Shore location. The building features more than enough classrooms, a full gymnasium with a performance stage and concession area, and a large cafeteria equipped with an industrial kitchen and expanded seating area, making it well-suited for schools, community programs, training centers, religious institutions, or other mission-driven organizations. The property also includes administrative office space and six multi-use lavatories, allowing for efficient operations and flexible programming. The site provides on-site parking for approximately 35 vehicles, offering convenient access for staff, visitors, and program participants. Situated in the heart of Hewlett, the property benefits from proximity to surrounding residential neighborhoods, local retail, and public transportation. Ownership is seeking a qualified non-profit tenant to utilize this well-maintained facility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$29,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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| Loan Amount | $23,200 | $23,200 | $23,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.557% | 5.920% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $139 | $145 | $191 |
| Total Monthly Payment | $214 | $220 | $266 |
* 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.