3204 Third Avenue, Bronx, NY, 10451 | $120,000

Incredible opportunity to acquire a fully built-out, turn-key restaurant in a prime, high-traffic Bronx location! Currently operating as the highly successful K&L Restaurant & Catering, this establishment boasts 13 years of strong community goodwill and proven success featuring authentic Caribbean cuisine. The space features a fully equipped commercial kitchen, ready for a new owner to step right in and begin operations on day one. Avoid the massive expenses, permit delays, and headaches of a ground-up build-out. Whether you want to continue the existing profitable concept or bring your own culinary vision to life, the infrastructure is already here. A rare find at this price point—schedule your private tour today!

Features

  • Property Type: Business Opportunity
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Trash Collection Public, Water Connected
  • Parking: Off Street, Open
  • Heating: Hot Water, Natural Gas
  • Year Built: 1920
  • Appliances: Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Other, Refrigerator, Gas Water Heater
  • MLS#: 924401
  • Days on Market: 268 days
  • Website: https://www.raveis.com
    /prop/924401/3204thirdavenue_bronx_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.

William Raveis Family of Services

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.

Anne NajjarLicensed Salesperson

339.237.0027

Anne.Najjar@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Ali OldhamVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2803699

508.274.0185

Ali.Oldham@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3204 Third Avenue, Bronx, NY, 10451

$120,000

Anne Najjar

Licensed Salesperson

William Raveis Real Estate

Phone: 339.237.0027

Anne.Najjar@raveis.com

Ali Oldham

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.274.0185

Ali.Oldham@raveis.com

NMLS Mortgage Loan Originator ID 2803699

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $96,000 $96,000 $96,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.524% 6.776% 6.078%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $599 $615 $804
Total Monthly Payment $674 $690 $879

* 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.