Introducing 460 S Broadway, Yonkers an exceptional investment opportunity! This property offers five units, featuring three profitable commercial spaces and two leased residential apartments. The first unit is a spacious retail store, attracting deal-seekers and bargain hunters. With versatile layout options, it's perfect for showcasing merchandise and appealing to a wide customer base. The second unit is dedicated to hair styling services, catering to the community's beauty needs. The third unit includes a Chinese Restaurant, an established restaurant with a loyal customer base and reputation for quality food for over a decade. In addition to the commercial spaces, are two leased residential units, ensuring a steady rental income. Located in a prime area with high foot traffic and visibility, 460 S Broadway offers tremendous potential for businesses and rental income. Don't miss this exceptional investment opportunity! Act now and be part of this vibrant and thriving community! Turn-key!!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.250%||6.875%||6.750%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.481%||6.977%||6.915%|
|Monthly Tax Payment||$2,167||$2,167||$2,167|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$6,896||$7,358||$9,911|
|Total Monthly Payment||$9,188||$9,650||$12,203|
* 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.