539 Eagle Avenue, Hempstead (West Hempstead), NY, 11552 | $250,000

Location/ turnkey Business! Auto Repair Shop sits on a great lot of 4, 284 sq. ft. Corner location off a busy road with great visibility in West Hempstead. Approx. 20K plus cars pass through on a daily basis. Turnkey business, being sold with corporation, licenses, clients, inventory and existing 5 yr. lease. The atmosphere is friendly and clean, 3 lifts, waiting area, reception, & 1/2 bath, health inspection, 20' ceilings and a brand new inspection station plus a license that can be transferred to the new owner. Located next to a sports complex which adds extra exposure to drive new clients. It has been in operation for over 5 years and has a loyal customer base. The shop is known for its reliable service, and its friendly and knowledgeable staff. Great Reviews on Google conveys the integrity of this business with high customer satisfaction ratings. The rear parking lot serves as another source of income. The frontage has enough space to serve more than 10: cars. The shop offers a wide range of services, including inspections, oil changes, tune-ups, brake repairs, and engine diagnostics. It also offers a variety of preventive maintenance services, such as tire rotations, wheel alignments and more. Opened 6 days a week and offers extended hours during the week if needed.

Features

  • Town: Hempstead
  • Property Type: Business Opportunity
  • Current Use: Commercial
  • Parking: 9-car
  • Levels: 1
  • Acreage: 0.1
  • MLS#: 3590200
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/3590200/539eagleavenue_hempstead_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 Real Estate Homes LLC   Phone: 516-484-2999

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

539 Eagle Avenue, Hempstead (West Hempstead), NY, 11552

$250,000

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 $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,331 $1,329 $1,687
Total Monthly Payment $1,406 $1,404 $1,762

* 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.