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Presented by
Lisa Hall Babcock |
We are pleased to present an exceptional commercial offering in the heart of Stratford, Connecticut. Located at 2220 Main Street, this historic, character-rich property-currently operating as the Galello-Luchansky Funeral Home-offers a rare combination of size, zoning flexibility, and transit convenience. Property Highlights: 6, 876 SF above grade with an additional 1, 536 SF finished basement Zoned within Stratford's Transit-Oriented Development (TOD) District, allowing for multiple potential uses Positioned just minutes from I-95 (Exit 32) and walking distance to the Stratford Metro-North Station, providing direct rail access to New Haven and New York City. Current Layout: First Floor: Functional funeral home layout, including chapels, reception areas, and office space Second Floor: Beautifully finished 2-bedroom, 2-bathroom townhouse-style apartment offering income potential or live-work flexibility. Potential Uses: Continue operating as a funeral home. Conversion to multifamily apartments, professional offices, or medical use (subject to zoning approvals). With excellent proximity to transit, major highways, and Stratford's downtown amenities, this property is ideal for users and investors seeking location, scale, and adaptability.
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.
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$1,275,000
Sales Associate
William Raveis Real Estate
Phone: 203.227.4343
Lisa.HallBabcock@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.007% | 5.932% |
| Monthly Tax Payment | $1,774 | $1,774 | $1,774 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,554 | $6,034 | $8,470 |
| Total Monthly Payment | $7,453 | $7,933 | $10,369 |
* 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.