Incredible opportunity to acquire this 19, 745sf Retail / warehouse property on large lot with B-2 zoning allowing for multiple uses.
Property is currently occupied by two tenants with leases expiring January / March 2025.
Owner occupies approx 5000sf which can be available after closing.
Rear adjacent land (31, 184 SF), built out as a parking lot and currently used by gym tenant is also available for sale, (MLS# A11539383).
Great location for retail user that needs rear warehouse for storage, loading & unloading, or just additional parking.
Property suited for owner-user and/or investor!
Tours are by appointment only. Please do not disturb the tenants.
ZONING DESCRIPTION
Zoning B2 allows for multiple uses - See attachments
Call agent for details and showings.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,300,000 | $4,300,000 | $4,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $5,347 | $5,347 | $5,347 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,970 | $28,248 | $38,051 |
Total Monthly Payment | $34,441 | $33,719 | $43,522 |
* 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.