Nestled in the serene environment of Glen Oaks, New York, it presents an opportunity to own a 10, 230 sqft parcel in a coveted location. This expansive property unfolds across a generous footprint, offering an approximately 10, 230 sqft House of Worship. The whole building, enveloping an uplifting atmosphere, accommodates up to 800 people, is currently used for a Religious facility, and has many outreach programs helping the community. Accompanying the main area, the property also incorporates ancillary rooms suitable for administration, educational purposes, or supportive functionalities. Originally crafted as a House of Worship, the design and layout of the property extend a multitude of possible applications - from cultural and community centers, and event venues, to educational institutions, subject to adherence to zoning and use guidelines. ample on-site parking, facilitate a smooth experience for visitors, members, and event attendees alike. The current zoning is R2. In this zone permitted uses would allow for Public or Private Schools, Day Care Facilities, Urgent Medical Care, Houses of Worship, Office or Sporting facilities. Positioned in the strategic location of Glen Oaks, the property ensures uncomplicated access through major transit routes and public transportation, as well as proximity to essential and leisure amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,159 | $22,166 | $29,895 |
Total Monthly Payment | $20,284 | $22,291 | $30,020 |
* 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.