Calling All Investors, Developers, & End-Users!!! Auto Body Shop / Development Site With R3-2 Zoning On A HUGE 20, 700 Sqft. Corner Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong R3-2 Zoning, Multiple Bays, Office, Waiting Room, Huge Fenced Lot, 2 Strategically Placed Curb Cuts, 42 Parking Spaces, High 14' Ceilings, HUGE Property With Frontage On 4 Streets, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located On Busy S. Conduit Avenue Just Minutes From JFK Airport!!! Neighbors Include Hilton Hotels, Radisson Hotels, Resorts World NYC, Fairfield Hotels, USPS, The Home Depot, Stop & Shop, Best Western, Dunkin, Walgreens, Wendy's, Subway, Burger King, KFC, +++!!! This Property Has A Daily Traffic Count Of 115, 600+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site, Or The Next Home For Your Business!!! Expenses: Taxes: $41, 296. 12 Ann. Total Expenses: $41, 296. 12 Ann.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $3,441 | $3,441 | $3,441 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,946 | $14,038 | $18,933 |
Total Monthly Payment | $16,512 | $17,604 | $22,499 |
* 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.