93-95 Ashburton Avenue, Yonkers, NY, 10701 | $1,000,000

Rare investment or Development opportunity. Previously the long standing Moses insurance Agency, This property with 14 grandfathered parking spots in the rear is available for the right Development is the heart of the growing business disrtrict of City of Yonkers. Property can be used for Retail, Light Industry or multiple Office Possibilities. The property can be expanded and reimagined on its own or in conjunction with the purchase of the adjacent Multi Family property (Listing #6220786). While planning a new a development, benefit from the cash flow from the adjacent property. Bring your imagination and business acumen.

Features

  • Property Type: Office
  • Current Use: Commercial, Office, Other, Retail
  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)
  • Units: 2
  • Zoning: B
  • Year Built: 1989
  • Est. Taxes: $11,861
  • School District: Yonkers
  • MLS#: H6220789
  • Days on Market: 446 days
  • Website: https://www.raveis.com
    /raveis/H6220789/9395ashburtonavenue_yonkers_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.

William Raveis Family of Services

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Geiger Stern TeamLicensed Associate Real Estate Brokers

TheGeigerSternTeam@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@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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  • Provides a guaranteed closing date that meets your needs
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Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

93-95 Ashburton Avenue, Yonkers, NY, 10701

$1,000,000

Geiger Stern Team

Licensed Associate Real Estate Brokers

William Raveis Real Estate

Phone: 914.723.1331

TheGeigerSternTeam@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $800,000 $800,000 $800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.531% 7.228% 7.041%
Monthly Tax Payment $988 $988 $988
H/O Insurance Payment TBD TBD TBD
Initial Principal & Interest Pmt $4,991 $5,390 $7,135
Total Monthly Payment $6,071 $6,378 $8,123

* 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.