Prime Multi-Use Residential and Commercial building in the heart of Nyack.
Perfect for individuals seeking to manage a business while also generating rental income, or for those who prefer living upstairs while operating their own business downstairs. This property has two storefronts, each approximately 700 square feet, with a spacious 1000 sqft apartment on the second floor. Additionally, there is a basement providing ample storage space.
The projected rental income for each storefront is $1650. The second-floor apartment, accessible through a private entrance, offers 2/3 bedrooms and a loft in the living room. There's a large private deck off the kitchen, perfect for entertaining. Presently, it is leased for $2450.00.
Walking distance to the river and steps to public transportation. Location is easily accessible from anywhere in Bergen, and Rockland Counties and is close to the Tappan Zee Bridge, NYS Thruway, Palisades Pkwy, and Garden State Pkwy.
78 Burd Street, Nyack, NY, 10960
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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