Opportunity for the commercial retail spaces at the newly constructed property located at 80-17 Kew Gardens Rd, New York. This prime real estate opportunity includes individual units that total a generous 9939 square feet of high-quality commercial space. The first-floor retail space starts at 1607 sf up to 6481sf, each unit featuring 12 FT ceiling height, and an Independent bath. the space offers flexible lease terms, with the option to lease individual units or the entire commercial space and a 3458 sf cellar available. The versatile and spacious interiors are suitable for a wide range of business purposes, such as retail stores, restaurants, offices, and specialty stores. This exceptional property is strategically located next to the Kew Gardens E, F subway station, offering unparalleled access to public transportation. Its unique position backs onto Queens Blvd, one of the busiest streets in New York, ensuring maximum visibility and exposure for any business that occupies the space.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $60 | $60 | $60 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $1 |
Total Monthly Payment | $75 | $75 | $76 |
* 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.