23 Mt Vernon Ave is approximately an 8, 000' building. 1st floor is roughly 6, 000' fully built out as a commissary kitchen. Tenant owns equipment. Currently has a month-to-month tenant. 2nd floor roughly 2, 000'. Currently 2nd floor is used as storage but could be an office or potential residence. Along with full bathrooms and private entrance. Fully sprinklered building. Great opportunity to add value to second floor. Buyer would want to consider purchasing 19 Mt Vernon Ave as well for parking and easy access to 23 Mt Vernon Ave accessing the roll up door for deliveries. May be part of the Mt. Vernon & Bond St. assemblage 19 - 31 Mount Vernon Avenue are all located in the Mount Vernon West Corridor Zone (MVW-C). With an allowable mixed-use building up to 5 stories | 60' maximum height.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.531% | 7.141% | 7.041% |
Monthly Tax Payment | $2,193 | $2,193 | $2,193 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,966 | $5,296 | $7,099 |
Total Monthly Payment | $7,251 | $7,581 | $9,384 |
* 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.