Situated in the bustling heart of Bay Shore, New York, this property presents a prime opportunity for investors or entrepreneurs seeking a versatile space in a highly sought-after location. Currently utilized as a dentist office, the building boasts approximately 1200 square feet of well-appointed space, ideal for a variety of professional or commercial endeavors. The property features a detached garage with a loft, providing an additional 400 square feet of versatile space perfect for storage, workshop, or potential expansion. With a basement included, there is ample room for storage or customization to suit the needs of the new owner. Convenience is key with ample parking available on-site and a handicap ramp ensuring accessibility for all visitors. The property's close proximity to Northwell Hospital ensures a steady flow of potential clientele, while its highly visible location guarantees exposure to abundant traffic, maximizing business visibility and potential. Additionally, the owner is willing to hold the note, offering favorable financing options for qualified buyers. For those interested in the existing business and equipment, the owner is open to selling these separately, providing a turnkey opportunity for those looking to step into an established operation. Don't miss out on this exceptional opportunity to secure a prime piece of real estate in one of Bay Shore's most coveted locations. Schedule a showing today and explore the endless potential this property has to offer!
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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 | $559,992 | $559,992 | $559,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,820 | $3,722 | $4,726 |
Total Monthly Payment | $4,898 | $4,800 | $5,804 |
* 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.