With a 10 year lease ending 3/31/27 w/5 year option to renew, this business offers excellent stability and longevity. Not only can you buy with peace of mind knowing that the future of your business is secure, but the lease gives you a first right of refusal to purchase the building if the Landlord decides to sell within the time period of your lease. So, longevity, security, and opportunity awaits! With over 1,500 square feet of service area, 200 square feet of general space/storage in the basement, and over 300 square feet of efficient Kitchen space, the next restaurant operator can seamlessly generate profitable income. Most of the kitchen equipment is owned. Well on its way to becoming a neighborhood staple for delicious latin fusion cuisine, Barchaa also offers diners musical entertainment well into late night so they can dance the night away! Acquiring this turn-key & profitable restaurant in the heart of Bushwick Brooklyn will be an undeniably valuable asset to your portfolio!
567 Wilson Avenue, #4, Brooklyn, NY, 11207
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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