Haven Shopping Center is a semi-detached, single-story taxpayer-style building with four retail storefronts (20-09, 20-11, 20-13, and 20-15 New Haven Avenue). It is situated on the southern side of New Haven Avenue, west of Beach 20th Street. The area has a moderate flow of vehicle and pedestrian traffic, and there is a public bus stop for the Q22, QM17, and N33. 20-09 is occupied by a restaurant called "Nuevo Ambiente." It is under a 13-year lease extension that expires on 03/31/2031. 20-11 is occupied by a restaurant called "New Cheung Chow." It is under a 10-year lease extension that expires on 04/30/2028. 20-13 is occupied by a Hair Salon called "Dinery's Salon Unisex." It is under a 10-year lease that expires 03/31/2032. Finally, 20-15 is occupied by a Grocery Store called "J&P Grocery." It is under a 10-year lease that expires on 12/31/2032. All tenants pay their own electric, gas, and heating costs, while the landlord pays the real estate taxes. Rent Roll, Lease Terms, and Income/Expenses are Attached.
20-09 New Haven Avenue, Queens, (Far Rockaway), NY, 11691
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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