The subject property is a renovated high-end freestanding restaurant building at a prime location in the bustling Massapequa. The 5,304 SF building has been fully built and equipped a liquor bar, and a high-end kitchen featured with walk-in Freezers. The property is situated on a 0.95 Acre lot, providing 86 exclusive on-site parking spaces. This property is conveniently located in the busiest shopping zone and surrounded by multiple national tenants such as Macy's, Chase Band, Sears, and DICK'S Sporting Goods. This is a perfect opportunity for a restauranteur who wants to have a presence in the bustling Massapequa area.
45 Carmans Road, Oyster Bay, (Massapequa), NY, 11758
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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