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22-11 38th Avenue, Queens (Long Island City), NY, 11101 | $185,000
22-11 38th Ave, Long Island City, NY 11101 - a prime commercial property offering 58, 000 square feet of flexible space over two floors. This is a Triple Net Lease. The ground floor features a spacious warehouse spanning 29, 000 square feet with 19 ft ceilings, ideal for storage, distribution, or light manufacturing. The warehouse space comes equipped with central HVAC, an indoor car wash, private auto service center and two gas pumps, making it perfect for an automotive or industrial operation. The second floor is dedicated office space, offering multiple executive suites with Manhattan views. The layout includes designated locker rooms and conference rooms, as well as an outdoor patio, perfect for employee breaks or entertaining clients. With a zoning classification of M1-3, this property's certificate of occupancy is suitable for any office, industrial, or automotive use. Includes a gas filling station, automatic car wash and auto service center. The property is also located in the Long Island City Industrial Business Zone (IBZ). Conveniently located just a 10-minute walk from the nearest subway station, this property offers easy access to the city's public transportation network. With its flexible layout and prime location, 22-11 38th Ave is an excellent opportunity for any business looking to establish or expand its operations in Long Island City, NY. Don't miss out on the chance to make this impressive property your own. Featured Commercial Lease/Rentals
Features
- Town: Queens
- Property Type: Mixed Use
- Current Use: Office, Other
- Levels: 2
- Heating: Other, Electric
- Zoning: M1-3
- Year Built: 2015
- Acreage: 1.33
- Est. Taxes: $0
- MLS#: 3465813
- Days on Market: 613 days
- Website: https://www.raveis.com
/prop/3465813/221138thavenue_queens_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
22-11 38th Avenue, Queens (Long Island City), NY, 11101
$185,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $148,000 | $148,000 | $148,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $985 | $984 | $1,248 |
| Total Monthly Payment | $1,060 | $1,059 | $1,323 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535