191 S Main Street, New City (Clarkstown), NY, 10956 | $499,000

Successful Restaurant for sale in desirable well-established location in New City. Approx. 3, 500 Sq. Ft. Main dining room seats Approx. 80 people. Separate party area accommodates Approx. 50 people. Large kitchen and 3 bars. Major renovations in 2017 including two brand new roof top AC units, 16 draft beer lines running to two different bars, 5 POS stations, stage and lighting Popular location for live music and private events. Approximately 20 employees, Restaurant fits 130 people inside and can accomodate100+ on the outside patio bar. 26 flat screen Tv's and 100-inch projector screen. 1. 000 sq. ft. outside patio with a large bar and outdoor Tv's, back door leads to large outside storage area, approved plans for a rooftop deck above the patio, 200 parking spaces in a high traffic strip mall with additional parking possible across the street. This is a turnkey business.

Features

  • Town: New City
  • Property Type: Business Opportunity
  • Current Use: Commercial, Food Service, Retail
  • Cooling: Central Air
  • MLS#: H6284581
  • Days on Market: 317 days
  • Website: https://www.raveis.com
    /prop/H6284581/191smainstreet_newcity_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 Joyce Realty Corp   Phone: 845-735-7100

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

191 S Main Street, New City (Clarkstown), NY, 10956

$499,000

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 $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,656 $2,653 $3,423
Total Monthly Payment $2,731 $2,728 $3,498

* 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.