Discover an exceptional investment opportunity in the heart of Mineola, NY. This impressive two-story, stand-alone office building at 55 Willis Ave offers the perfect setting for an investor or end user. Ideally situated across the street from The Allure Mineola, a prime location ensuring high visibility and easy access. This building currently sits at approximately 3420 sq feet, offering two spacious floors with independent entrances as well as a spacious basement, which can be used for additional storage. Both floors are currently configured for professional use, making it suitable for a variety of businesses, including legal, financial, medical, and more. This property also offers a dedicated parking lot, offering convenience for employees and clients alike. Excellent connectivity with public transportation options and major roadways nearby, ensuring ease of commute. This commercial building not only boasts a prime location but also offers a versatile space that can cater to a wide range of uses. Whether you're looking to expand your current business, relocate to a more strategic location, or invest in a promising commercial property, 55 Willis Ave is an opportunity not to be missed. Don't miss out on this exceptional opportunity to own a prime piece of real estate in Mineola. Do not hesitate to explore the potential of 55 Willis Ave for your business needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $799,200 | $799,200 | $799,200 |
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 | $1,814 | $1,814 | $1,814 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,664 | $5,051 | $6,744 |
Total Monthly Payment | $6,570 | $6,957 | $8,650 |
* 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.