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The ideal location for your business to thrive! Situated in one of Queens' busiest and most sought-after neighborhoods, this prime ground-level commercial condo is currently home to a highly successful dental practice that has served the community for over 40 years. Offering more than 1, 800 square feet of versatile office space with two separate entrances, this property provides endless possibilities for a variety of professional medical uses. Conveniently located just minutes from the subway and multiple bus lines, it is surrounded by a vibrant mix of residential and commercial buildings, as well as the renowned Queens Center Mall and Queens Place Mall, ensuring exceptional visibility and accessibility. Opportunities like this are rare don't miss your chance to own a premier commercial space in one of Queens' most desirable business locations. Although this condo unit is currently used as a dental office, the building itself is a stock cooperative. The current monthly maintenance is $848. 00
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Our Executive Mortgage Banker:
$939,000
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 | $751,200 | $751,200 | $751,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,867 | $1,867 | $1,867 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,148 | $4,504 | $6,238 |
| Total Monthly Payment | $6,107 | $6,463 | $8,197 |
* 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.