997 Glen Cove Avenue, Oyster Bay (Glen Head), NY, 11545 | $1,100,000

2 Story Office Budling for Sale. Private Parking lot in the back. 28 Parking spots. BSMT 1500 Sq. Ft. 1st Floor 1750 Sq. Ft. 2nd Fl. 2700 Sq. Ft. Corner property. Close to Long Island Railroad. Large basement. 2nd floor currently occupied. Can be delivered vacant or occupied. Zoned NB (Neighborhood Business). Permitted Principal uses: Fitness Center, colleges and private schools, hospitals and nursing homes, museums, government offices, places of worship, Public Schools, technical or trade schools, Banks, Business Services, fast food restaurant, professional offices, sit down restaurants, retail store, motor vehicle dealership. Many other usages possible through special permit or through permitted accessory use. , Additional information: Office Pct. : 100, Rental Income: Y, vac_perc: 50, Building Size: 85X30

Features

  • Town: Oyster Bay
  • Property Type: Office
  • Parking: 28-car
  • Levels: 2
  • Heating: Natural Gas, Forced Air
  • Units: 3
  • Frontage: 100
  • Year Built: 1986
  • Est. Taxes: $54,500
  • MLS#: 3554801
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /prop/3554801/997glencoveavenue_oysterbay_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 RE/MAX Frontier   Phone: 718-224-2900

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

997 Glen Cove Avenue, Oyster Bay (Glen Head), NY, 11545

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $4,542 $4,542 $4,542
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,135 $5,562 $7,426
Total Monthly Payment $9,802 $10,229 $12,093

* 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.