903 Seneca Avenue, Ridgewood, NY, 11385 | $10,500

Key Features: Size: The restaurant space boasts a generous area of 1, 500 square feet, providing ample room for dining, kitchen, and other amenities. Location: Nestled in the vibrant neighborhood of Ridgewood, NY, this property enjoys high foot traffic and excellent visibility, ensuring a steady stream of potential patrons. White Box Delivery: The space is delivered as a "white box, " offering a blank slate for you to unleash your creativity and design your dream restaurant from scratch. Brand New Kitchen: This opportunity comes with the advantage of a fully built-out, state-of-the-art kitchen. You can immediately start creating culinary delights and impressing your customers. Customization Potential: The open layout and white box delivery allow for easy customization, enabling you to tailor the restaurant space to your unique branding and concept. High-Quality Infrastructure: The property comes equipped with modern utilities and top-notch infrastructure, ensuring your restaurant runs efficiently and meets all safety and health standards. Versatile Space: Whether you're envisioning an intimate bistro, a trendy caf?, or an upscale fine dining establishment, this space caters to various culinary concepts and styles. Ample Parking: Convenient parking options in the vicinity ensure easy access for your customers, encouraging repeat visits and increased patronage. Location Highlights: 903 Seneca Ave, Ridgewood, NY, enjoys the benefits of being situated in a bustling neighborhood with a diverse community and a strong local economy. The area is known for its thriving culinary scene, making it an ideal destination for food enthusiasts and gastronomic explorations. Key money: $225, 000 Featured Commercial Lease/Rentals

Features

  • Property Type: Mixed Use
  • Current Use: Food Service
  • Units: 1
  • Zoning: C4-3A
  • Year Built: 1977
  • Acreage: 0.04
  • Est. Taxes: $0
  • MLS#: 3495959
  • Days on Market: 285 days
  • Website: https://www.raveis.com
    /prop/3495959/903senecaavenue_ridgewood_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.Listing courtesy of NY Space Finders Inc   Phone: 718-440-8162

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

903 Seneca Avenue, Ridgewood, NY, 11385

$10,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $8,400 $8,400 $8,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $57 $56 $72
Total Monthly Payment $132 $131 $147

* 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.