Welcome to the heart of The Village of Pine Bush! Situated on the bustling main street, this property offers a unique opportunity for entrepreneurs and investors. The building features a well-maintained hibachi restaurant on the first floor, providing an established business that is ready to flourish. A backyard adds to the property's appeal, providing a private outdoor space for guests or residents to relax and enjoy the fresh air. It can also be utilized for additional seating during busy periods, expanding the restaurant's capacity. Moreover, the property includes a full basement with oversize storage space, providing ample room for storing supplies, inventory, and equipment. Don't miss the opportunity to own this prime business location with a thriving hibachi restaurant, two rentable apartments, and ample storage space. Whether you're an aspiring restaurateur or an astute investor, this property provides a solid foundation for a successful venture. Secure your future and grab the value of this remarkable property in The Village of Pine Bush.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $811 | $811 | $811 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,757 | $2,653 | $3,367 |
Total Monthly Payment | $3,643 | $3,539 | $4,253 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.