Calling All Investors, Developers & End-Users!!! MINT NNN Medical Building With Long Lease For Sale!!! The Property Features Excellent Signage, Great Exposure, 12 Parking Spaces, High 8' Ceilings, 200 Amp Power, Private Parking Lot, Accessible Bathroom, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Levittown On Busy Division Avenue Just 1/2 A Block From Hempstead Tpke. !!! Neighbors Include Starbucks, Ford, Jeep-Dodge-Ram, Kia, UPS, Walmart, The Home Depot, P. C. Richard & Son, Stop & Shop, ShopRite, Target, Best Buy, AutoZone, Jovia Federal Credit Union, 7-Eleven, Dunkin', Tropical Smoothie Cafe, Exxon, Texas Roadhouse, Stew Leonard's, Uncle Giuseppe's Marketplace, Ulta Beauty, Old Navy, Taco Joe's, Dairy Queen, IHOP, +++!!! The Property Is Currently Home To A Successful Dental Office!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Guardian Dental Partners: $102, 000 Ann. ; 2. 5% Ann. Inc. ; Lease Exp. : 10/8/32. Gross Income: $93, 600 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $102, 000 Ann.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,588,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,270,400 | $1,270,400 | $1,270,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,820 | $7,515 | $10,465 |
Total Monthly Payment | $6,945 | $7,640 | $10,590 |
* 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.