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Presented by
James Millington - The Millington Team |
Excellent Location!!! . . . Great Opportunity!. Business for Sale. On a Corner. Well, established local Mexican Deli/Catering, Food & Beverage in the Bushwick neighborhood of Kings County for Sale, 18 years in the business. New lease will be issuing 5 years, plus option to 5 years more. Ground Floor with 700 sq ft. plus Basement 700 sq. ft. Fully Equipped with Refrigerators, Freezers, Full Kitchen. The equipment and inventory are included in the sale. Operating Hours are 6: 00 am to 6: 00 pm. with opportunities to expand hours and increase revenue. The rent is $5, 300/Monthly, Property Taxes: $3, 126 every 3 months, Rent increase: 3% annual, Insurance: $1, 800 annual, Electricity: $700 to $1, 123 a Month, Heat: $212/month, Water: $235 every 3 months, Garbage: $237/month, Sells a month $33, 200. Active Liquor License for beer and wine.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
Sales Associate
William Raveis Real Estate
Phone: 203.258.1049
James.Millington@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $1,042 | $1,042 | $1,042 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $908 | $958 | $1,297 |
| Total Monthly Payment | $2,025 | $2,075 | $2,414 |
* 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.