110-50 71st Road, #1F, Queens (Forest Hills), NY, 11375 | $158,995

Commercial medical office co-op unit in premium, luxury mid-rise building in heart of Forest Hills. This 900 sq. ft. medical office is located on the ground floor among other medical office units, is front-facing and consists of 2 patient rooms, expansive waiting area, built-in L-shaped reception desk, 1 full bath, kitchenette with sink and ample closet space. Shareholder pays electric only-all other utilities included. The building is fire-proof and sound proof, an ideal environment for quiet patient sessions. The building also flaunts a modern, pristine lobby with 24-hour doorman, recorded surveillance system and live-in super. The building also offers all of its owners parking, storage, usage of bike room and 24-hour laundry room. To boot, the building is entirely cat and dog friendly! Take a relaxing lunch with much to explore, buy and eat on Queens Blvd. and/or Austin St. just steps away. The nearby express E and F trains (2 blocks away) and LIRR (0. 4 miles away) add an extra convenience for those patient clients arriving to your practice via public transportation. The new owner can apply for unit conversion from commercial to residential. Subletting allowed.

Features

  • Town: Queens
  • Property Type: Office
  • Current Use: Office, Other
  • Heating: Natural Gas, Hot Water
  • Zoning: R7-1
  • Est. Taxes: $0
  • MLS#: 3452648
  • Days on Market: 554 days
  • Website: https://www.raveis.com
    /prop/3452648/1105071stroad_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 Keller Williams Legendary   Phone: 516-328-8600

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

110-50 71st Road, #1F, Queens (Forest Hills), NY, 11375

$158,995

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $127,196 $127,196 $127,196
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $773 $773 $1,005
Total Monthly Payment $848 $848 $1,080

* 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.