Unique opportunity to purchase a highly-visitable and well-maintained 3, 752 SF Professional Office Building one block from the North White Plains Metro-North train station and minutes to downtown. Located along the Bee Line bus line with easy commute to downtown White Plains and NYC. Former Medical Offices with Chiropractor tenant in lower level (will stay or vacate as needed) Ample on-site parking for 16 cars plus convenient street parking. Spectacular location in the thriving suburban White Plains area, and zoned RM-1. 5, the property offers versatile potential for residential, religious, non-profit, professional or education uses. With easy access to major highways including I-287 and I-684, this property is perfectly positioned to maximize connectivity and accessibility for tenants and visitors alike. Tenant in lower level currently paying $3, 300 and will stay, move to another space in building or will vacate as needed. (lease exp. 5/25) Other tenants on a month to month basis. ($1, 000 & $1, 200/m to m) EMAIL AGENT FOR ALL SHOWING REQUESTS PLEASE.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,454 | $2,454 | $2,454 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,928 | $5,347 | $7,249 |
Total Monthly Payment | $7,507 | $7,926 | $9,828 |
* 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.