Welcome to Peter’s Deli in College Point — a rare opportunity to own a well-established and profitable business in a prime location.
This successful deli features low rent, making it an especially attractive investment. A new 10-year lease will be available with a 5+5 option for long-term stability and flexibility.
Conveniently located on a busy boulevard and surrounded by single-family homes, multi-family residences, and condominiums, the business benefits from strong neighborhood traffic and a loyal customer base.
Currently generating approximately $15,000 in gross weekly income with low operating expenses.
A full breakdown of income and expenses is available upon request.
Excellent opportunity for owner-operators or investors seeking a turnkey business with solid cash flow and future growth potential.
819 College Point Boulevard, College Point, NY, 11356
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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