Excellent exposure. Town of Babylon: GB Industrial District allowing for both industrial and retail uses: asphalt & cement manufacturing, iron works, gas stations, crematory, self storage, retail stores, personal service, banks, offices, automotive sales & storage, car washes, etc. Available for the first time in 70 years. The property is owner occupied and will be delivered vacant. Two buildings on 1 lot. 1) 2,075 SF open showroom and office with partial basement 2) 570 Sf office space on just shy of 1 acre. Ideally located at front of a large industrial park, this is a unique opportunity. Calling all users and investors.
1250 Wellwood Avenue, W. Babylon, NY, 11704
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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