7 Bond Street, #1D, Old Westbury (Great Neck), NY, 11021 | $649,989

THIS SPACE on the ground floor of a mixed-used CONDO building in Great Neck IS FOR SALE (handicap accessible w/portable ramps included in the sale). IT IS IN MINT CONDITION is currently utilized as a Full-service Dental practice. It was renovated only a few years ago and its' appearance is superb! I am searching for a Dentist who wants to STOP RENTING AND BECOME THE LANDLORD FOR THE NEXT 25 YEARS! The tenant is leaving over the next 3 months. Heat, Hot Water, water, and daily maintenance are included in the common charges, which are $645. 69 and real estate taxes are $9300. A recorded camera Surveillance system throughout the Lobby, Vestibule, and around the left and right sides of the building. Private mailbox included. There are washers/dryers on the lower level. The office is located on the 1st floor on the southeast (right side) for easy access. 1 block from the LIRR/buses. Close to restaurants, shopping, parks etc. This is a once-in-a-lifetime opportunity to run your business out of your own space and become the landlord, fully in control of your financial future, instead of making your current landlord richer or having the power not to renew your lease, if and when they want to sell. If you currently don't reside here, eventually you will want to. 24-48 hour notice for all showings.

Features

  • Town: Old Westbury
  • Property Type: Mixed Use
  • Current Use: Commercial, Office, Residential, Retail
  • Levels: 3
  • Heating: Natural Gas, Other, ENERGY STAR Qualified Equipment
  • Units: 1
  • Zoning: Dental Off
  • Year Built: 1933
  • Acreage: 0.28
  • Est. Taxes: $9,300
  • Appliances: ENERGY STAR Qualified Water Heater
  • MLS#: 3540656
  • Days on Market: 231 days
  • Website: https://www.raveis.com
    /prop/3540656/7bondstreet_oldwestbury_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Turn Key Real Estate   Phone: 516-829-2205

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7 Bond Street, #1D, Old Westbury (Great Neck), NY, 11021

$649,989

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $519,991 $519,991 $519,991
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $775 $775 $775
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,547 $3,456 $4,385
Total Monthly Payment $4,414 $4,323 $5,252

* 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.