3315 Hillside Avenue, Old Westbury (New Hyde Park), NY, 11040 | $5,995,000

Temple Tikvah , House of Worship in New Hyde Park, Nassau County on Long Island is for sale. Originally built in 1953 and after many extensions and renovation in the 1960s, 1980s and 1990s the building now is a very impressive approximately 27, 860 square feet with endless possibilities. The original sanctuary was bult in 1953 and has a current legal occupancy of 300 and is adjacent to a full commercial kitchen and vented gas cooking. The current sanctuary has a legal occupancy of 211 which is attached to an impressive ballroom of approx 4910 square feet and another lobby of approx. 1335 square feet that has a legal occupancy of 200. This configuration offers so many possibilities for extended services, events and celebrations. The entire building has a legal occupancy of 1266 people. The current sanctuary was renovated and expanded and is in pristine condition with soaring ceilings and an extensive seating area with the option of opening to a larger area for additional seating. The ballroom is spectacular with approx 24 foot high soaring ceilings and the ability to sit 300 people at events and adjacent to a large lobby/cocktail area and a full commercial sized kitchen. This kitchen has a hooded and vented gas stove and also has a large cold walk in refrigerator, freezer and dry storage areas. Also located on the first floor are 4 beautifully renovated classrooms as well as two bathrooms. The building also has 5 offices and extensive storage on the first floor. The lower level consists of five large classrooms of which three have direct access to an open air courtyard/playground. The lower level also has two bathrooms, an office and storage. The building is handicap accessible and has multiple entrances on all four side Located on approximately 1. 5 acres of property the building also has extensive onsite parking both in front, the side and the rear of the building. Also included is a 4616 square foot piece of property in the back of the building. The building has had many mechanical upgrades and interior renovations. Currently zoned for religious use and a tax exempt status it is Located in the B-A/R-C zoning district and this building could be used for other purposes. Located in the Herricks School District this House of worship is ideally located not far from the Northern State Parkway and Long Island Expressway as well as public transportation.

Features

  • Town: Old Westbury
  • Property Type: Mixed Use
  • Construction: Brick, Frame
  • Utilities: None
  • Levels: 2
  • Heating: Natural Gas
  • Cooling: Central Air
  • Year Built: 1953
  • Est. Taxes: $0
  • MLS#: 810382
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/810382/3315hillsideavenue_oldwestbury_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 Laffey Real Estate   Phone: 516-328-3233

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NMLS Mortgage Loan Originator ID 1880936

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3315 Hillside Avenue, Old Westbury (New Hyde Park), NY, 11040

$5,995,000

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 $4,796,000 $4,796,000 $4,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.599% 6.472% 6.032%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,231 $29,921 $40,148
Total Monthly Payment $27,356 $30,046 $40,273

* 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.