|
1130 Zerega Avenue, Bronx, NY, 10462 | $275,000
Prime Restaurant/Cafe in High Traffic Bronx Location in High-Traffic Bronx Location! Established Eatery in Bustling Zerega Avenue Intersection with Commerce Street. Are you an entrepreneur looking for a turnkey business with a built-in customer base and incredible growth potential? Look no further! This well-established restaurant/cafe, is located in a highly desirable, high-traffic intersection in the heart of a vibrant commercial and industrial hub. Situated in an area with a constant flow of traffic, surrounded by major corporations and institutions like Honda, the DMV, FedEx, MTA, and multiple government departments (Education, Sanitation). Caters to a wide range of professionals, including blue-collar workers, office staff from Essen and Montefiore Medical Offices, students from two nearby schools, and residents from the diverse, multicultural neighborhood. Spacious Interior: The main dining area (approx. 33. 1 ft x 26. 4 ft) seats 19-21 customers comfortably and includes a convenient ATM. Handicap Accessible: Fully compliant with a central A/C system and a dedicated, accessible customer restroom. A charming outside terrace (approx. 26 ft x 16 ft) with four outdoor seats, plus a private patio area (approx. 15 ft x 11 ft), perfect for al fresco dining. Two private parking spaces in the back, along with a dedicated area for recycling and trash collection. A large, well-equipped kitchen (approx. 23. 4 ft x 13. 6 ft) designed for high-volume service. Extensive storage includes a large walk-in refrigerator (approx. 14. 5 ft x 10. 5 ft) and a separate inventory storage room (approx. 9. 7 ft x 6. 5 ft). A stable lease is in place until December 31, 2027, with the option for renewal, offering long-term peace of mind. Interior + Exterior sq footage 2, 022 sq ft. Interior Only: 1, 441 sq ft (including walk-in box, storage, and bathrooms) Exterior Only: 581 sq ft (terrace + patio). This is a fantastic opportunity to own a profitable and well-positioned business. The hard work has already been done—now it's your turn to take it to the next level. Cash Flow per Year - $572K, Gross Revenue - $90K, Rent - $4, 750
Features
- Property Type: Business
- Construction: Other
- Utilities: Electricity Connected, Natural Gas Connected
- Parking: 2-car, On Street
- Heating: Forced Air
- Cooling: Central Air
- Year Built: 1963
- Acreage: 0.96
- Est. Taxes: $47,114
- Appliances: Freezer, Gas Oven, Gas Range, Oven, Refrigerator, Stainless Steel Appliance(s)
- MLS#: 930695
- Days on Market: 59 days
- Website: https://www.raveis.com
/prop/930695/1130zeregaavenue_bronx_ny?source=qrflyer
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.
Customer Service
888.699.8876
Contact@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.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@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
1130 Zerega Avenue, Bronx, NY, 10462
$275,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $3,926 | $3,926 | $3,926 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,249 | $1,318 | $1,769 |
| Total Monthly Payment | $5,250 | $5,319 | $5,770 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535