This store is very big and recently renovated. Has lots of potential, it sells lotto, cigarette and beer with appropriate licenses. Rent is $3500 Month. Gross profit 245,700 and NOI IS 169,600 - Lease term negotiable. 2200 sq ft on 1st floor and basement 2200 sq ft. Asking price not include inventory.
148 Union Avenue, Hempstead, (Lynbrook), NY, 11563
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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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