87-08 Justice Avenue, #CR/CK, Elmhurst, NY, 11373 | $418,000

Introducing an exceptional commercial condo space for sale at 87-08 Justice Ave in Elmhurst, Queens. Formerly a medical office, this combined CK and CR unit spans approximately 938 square feet, providing versatile space for various professional uses. Featuring five medical rooms, a reception area, kitchenette, and two bathrooms, this property is tailored to accommodate the needs of modern businesses. Each room boasts plenty of cabinets for storage, ensuring organization and efficiency. The large waiting area provides a comfortable space for clients or patients. Convenience is key with this property, as it includes an intercom system to the front door, accessible weekdays from 8 am to 8 pm, providing controlled entry for added security. Speakers are installed throughout the entire space, offering seamless audio distribution. Additionally, two smart thermostats ensure optimal comfort and energy efficiency, while slow-closing toilet seat covers add a touch of luxury. With both front and back entrances available, this combined unit offers flexibility and accessibility. A remote surveillance system provides peace of mind, allowing for easy monitoring of the premises. Furthermore, this property benefits from a robust referral network, with many other doctors and professionals occupying offices within the building. Included with the property is a phone system, streamlining communication for your business. Two HVAC units ensure climate control throughout the space, catering to the comfort of employees and clients alike. Common Charges are $365 monthly. Located right off Queens Blvd and Grand Ave, this prime location offers excellent visibility and accessibility. Nearby transportation options include the M and R trains, as well as several bus lines, facilitating convenient commuting. Don't miss this opportunity to own a prime commercial space in the heart of Elmhurst, Queens, with all the amenities and features necessary for your business to thrive.

Features

  • Property Type: Mixed Use
  • Zoning: R6, C1-2
  • Year Built: 1986
  • Est. Taxes: $6,804
  • MLS#: 3546335
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/3546335/8708justiceavenue_elmhurst_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 Mitra Hakimi Realty Group LLC   Phone: 718-268-5588

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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

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87-08 Justice Avenue, #CR/CK, Elmhurst, NY, 11373

$418,000

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 $334,400 $334,400 $334,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.171% 6.538%
Monthly Tax Payment $567 $567 $567
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,253 $2,223 $2,867
Total Monthly Payment $2,895 $2,865 $3,509

* 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.