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New Construction Community Facility Opportunity – Boro Park Rare opportunity to secure a brand-new community facility space in the heart of Boro Park. Construction is currently underway with anticipated completion in early 2027, offering prospective users the ability to customize the layout and build-out to suit their operational needs. The property will feature approximately 4, 400+ square feet across two levels, including a spacious main floor of approximately 2, 744 sq ft and a 1, 709 sq ft lower level, providing flexible space for a wide range of professional and community facility uses. The layout includes an efficient floor configuration suitable for organizations seeking functional, well-located space. The building sits on a 40’ x 95’ lot and is being designed with versatility in mind. Ownership is open to build-to-suit arrangements depending on tenant requirements and lease terms, allowing incoming users to tailor the space to their needs. Ideal for: • therapy centers • training or education programs • professional offices • community organizations • specialty retail or showroom uses. Flexible leasing structure and configuration options available. Ask about tax abatement
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Our Executive Mortgage Banker:
$16,000
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 | $12,800 | $12,800 | $12,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $219 | $219 | $219 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $79 | $81 | $106 |
| Total Monthly Payment | $373 | $375 | $400 |
* 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.