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Retail Space For Lease – Prime Maspeth Location Position your business in the heart of Maspeth, Queens, a dynamic neighborhood that blends strong residential density with established commercial and industrial activity. This retail opportunity offers excellent visibility and accessibility, making it ideal for a wide range of uses. Located just off major thoroughfares including the Long Island Expressway (LIE) and Brooklyn-Queens Expressway (BQE), the property benefits from steady vehicular traffic and convenient connectivity to Brooklyn, Manhattan, and Long Island. Maspeth’s primary retail corridors, particularly along Grand Avenue, serve a large and loyal local customer base. The surrounding area features a mix of long-standing businesses, service-oriented retailers, and growing residential demand, creating consistent foot traffic and strong neighborhood support. With a population exceeding 50, 000 within a one-mile radius and solid household incomes, this location provides a reliable consumer base for retail success. Highlights: High-visibility retail storefront in a well-established neighborhood Strong local demographics with consistent residential demand Easy access to major highways (LIE & BQE) for regional reach Ideal for retail, showroom, office, or service-based businesses Positioned in a mixed-use area with both residential and industrial drivers This is a rare opportunity to establish your business in a stable, high-demand Queens submarket known for its “small-town” community feel combined with city-level accessibility and commerce.
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Our Executive Mortgage Banker:
$5,000
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 | $4,000 | $4,000 | $4,000 |
| 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 | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $553 | $553 | $553 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $24 | $25 | $33 |
| Total Monthly Payment | $652 | $653 | $661 |
* 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.