ATTENTION!! All investors are welcome! This is a fantastic opportunity to own a coop that can serve as an office space and can be converted into a 1-bedroom residential unit. Plans can be provided upon request. Introducing this exceptional chance to own a commercial or residential unit in a prime location in Yonkers, NY. Nestled in a well-maintained cooperative building, this office has been home to a successful dental practice for over 20 years and is now ready for a new chapter. Whether you're a dentist, physician, therapist, real estate professional, or any other type of investor, this adaptable space offers the perfect setting for your business. The layout is optimized for a medical or professional office, featuring spacious rooms, a welcoming reception area, and ample storage. Located in the heart of Yonkers, this property benefits from its proximity to Central Avenue, one of the busiest commercial corridors in Westchester County. The area is surrounded by a thriving mix of residential buildings, shopping centers, and dining options, ensuring a steady flow of potential clients and patients. Nearby amenities include the Cross County Shopping Center, Ridge Hill Mall, and easy access to major highways like the Saw Mill River Parkway and I-87, making it convenient for both staff and visitors. With its established reputation and excellent location, this property is an ideal investment for any business looking to thrive in Yonkers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,999
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 | $79,999 | $79,999 | $79,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $553 | $532 | $675 |
Total Monthly Payment | $628 | $607 | $750 |
* 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.