Prime commercial vacant lot on busy Straight Path in the heart of Wyandanch’s redevelopment corridor. Formerly a successful used car lot for over 30 years, this 0.37-acre property (approx. 115 x 140) is being sold together with a dealer license, offering a turnkey opportunity for an auto dealer or investor looking to capitalize on a proven location. Zoned commercial in the Town of Babylon, the site is ideal for car sales, retail, office, or a new commercial concept (verify uses). The property sits minutes from the Wyandanch LIRR station and is surrounded by the Wyandanch Rising revitalization, including new mixed-use rental buildings, community facilities, and additional apartment development that continue to bring residents and customers to Straight Path. With strong traffic, excellent visibility, and significant public and private investment all around, this site is perfect for an owner-user or investor seeking long-term upside in a rapidly transforming, ..transit-oriented downtown......
1616 Straight Path, Wyandanch, NY, 11798
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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