This established and operating automotive dealer has been at this location for approximately 15 years. Complete with 2 Bays, Office, and Storage. Can be auto repair. At almost a 10,000 square feet lot with an approximately 1556 square feet free standing building and multiple curb cuts this offers the existing use or redevelopment. ideally located on busy Bellmore Avenue at a signaled intersection with an estimated 18,000 vehicles passing per day. Owner willing to hold a note to the right buyer. Possible Retail Conversion with on-site parking. Corner Property.
1901 Bellmore Avenue, Hempstead, (North Bellmore), NY, 11710
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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