After over 100 years of being in business as a family run luncheonette this prime business location is for sale. The building was built in the early 1900's and has been renovated over the years. The rear full size kitchen was added in 1998. The first floor is a 60 seat restaurant feature the original tin ceiling, hand laid tile floor, and high ceilings. On the first floor there is a 1/2 bath, full commercial kitchen with direct access to a walk in refrigerator. The second floor is the primary residents of the owners. There are a total of 6 rooms, 4 bedrooms, 1 large living room and a full bathroom. Access is from the outside of the residents. The rear of the basement is a full basement. The basement extends as a dutch basement to the front of the building. 158 Mill Road is also included in this purchase. This is currently the parking lot in the front and outdoor seating in the rear.
162 Mill Road, Westhampton Beach, NY, 11978
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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