263-10 Union Turnpike Turnpike, Queens (Glen Oaks), NY, 11004 | $4,500,000

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.

Features

  • Town: Queens
  • Property Type: Mixed Use
  • Current Use: Other
  • Zoning: R2
  • Year Built: 1959
  • Acreage: 0.51
  • Est. Taxes: $0
  • School District: Community District 26
  • MLS#: 3509029
  • Days on Market: 110 days
  • Website: https://www.raveis.com
    /prop/3509029/26310unionturnpiketurnpike_queens_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of B Square Realty Inc   Phone: 718-939-8388

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888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

263-10 Union Turnpike Turnpike, Queens (Glen Oaks), NY, 11004

$4,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,159 $21,874 $29,654
Total Monthly Payment $20,284 $21,999 $29,779

* 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.