BUSINESS OPPORTUNITY. . . BAKERY/RESTAURANT ON BROADWAY IN NEWBURGH, NY. . . . Bring your business expertise to this 2000'+ sq. ft. partially equipped set up as a bakery/restaurant store ready to open. . . Walk-in high traffic location. 20' ft. picture frame storefront 20' X 100' with 9' high ceilings plus 2 rooms on second floor for storage. All municipal services: water, sewer, natural gas. Space has large walk-in approximately 8' X 8' deli-refrigeration case, baker's oven, warmer, large baker's table, cooking line all set up with hood, Ansell system, 3 sinks, bain-marie, 50 quart mixer and other smaller equipment. . . Store was up and running until a short time ago, as a bakery. Space is on a slab - there is no basement. 4 windows and second door access from the side of the building. Private tour to qualified prospect tenants always with 24 hours notice please.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,000
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 | $2,400 | $2,400 | $2,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $20 |
Total Monthly Payment | $91 | $91 | $95 |
* 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.